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HomeMy WebLinkAboutReso 1966-4050RESOLUTION NO. 4050 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA EXTENDING TIME FOR PERFORMANCE OF CONDITIONS AND AGREEMENT RELATING TO INSTALLATION OF IMPROVEMENTS IN PALM GARDENS ESTATES SUBDIVISION The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, by Resolution No. 3377, adopted May 5,.1964, authorizing an agreement for the construction and installation of improvements in Palm Gardens Estates Subdivision by the subdivider, Horton Investment Company, said subdivider did agree to complete said improvements on or before May 5, 1965, .and WHEREAS, said subdivider was granted an extension of time in which to perform said agreement and construction of improvements to and including March 28, 1966, by Resolution No. 3666, passed and adopted on the 6th day of April, .1965, and WHEREAS, subdivider has requested an additional extension of time in which to perform said agreement and construction of improve- ments because of the pending acquisition of right-of-way for "H" Street, and WHEREAS, it appears to be in the best interests of the City of Chula Vista to grant said extension. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that said subdivider, .Horton Investment Company, is hereby granted an extension to and including March 28, 1967, in which to construct, install and complete improvements pursuant to that certain agreement for the completion of improvements dated April 24,,1964, upon the same terms and conditions as stated therein. This extension is granted upon the conditions authorizing said extension in Performance Bond No. 63B-93827, issued by the Pacific Employers Insurance Company. 8E IT FURTHER RESOLVED that the City Clerk be, .and he is hereby directed to forward a certified copy of this Resolution to Horton Investment Company, 90 El Rancho Vista, Chula Vista, .and to Pacific Employers Insurance Company, 3580 Fifth Street, San Diego. (~(J~~ ~ L Presented A roved as to f b Lane Cole, City Engineer George D. ndberg, Cit Attorne -1- ,~ ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, this 19t1~ay of April , 19 66 , by the following vote, to-wit: AYES: COUNCILMEN McCorquodale, Sparling, Sylvester, Anderson, McAllister NAYES: COUNCILMEN None _ ABSENT: COUNCILMEN None ,~ ,. (. _ _ __ , f' - ~ ,~ - Mayor of the i y of Chula Vista ATTEST ` ` ~~ ~ `~~~ City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO ss. CITY OF CHULA VISTA I, KENNETH P. CAMPBELL, City Clerk of the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of and that the same has not been amended or repealed. DATED: City Clerk CC 652 ~ _ Q~QS~