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HomeMy WebLinkAboutReso 2011-005RESOLUTION NO. 2011-005 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE SECOND AMENDMENT TO SUBDIVISION IMPROVEMENT AGREEMENT FOR CHULA VISTA TRACT NO. 03-03, BELLA LAGO, WITH K. HOVNANIAN AT BELLA LAGO, LLC, AND BELLA LAGO, LLC WHEREAS, the City Council of the City of Chula Vista approved a Subdivision Improvement Agreement (SIA) for Bella Lago, (CVT 03-03) with Resolution No. 2006-108 on April 11, 2006; and WHEREAS, the City Council of the City of Chula Vista approved an amendment to the Subdivision Improvement Agreement for Bella Lago (Amendment), (CVT 03-03) with Resolution No. 2009-162 on July 14, 2009; and WHEREAS, the SIA and the associated security was for the purpose of insuring the installation of improvements and/or land development work as required by the Title 18 of the Chula Vista Municipal Code for the subdivision pursuant to the Subdivision Map Act; and WHEREAS, the SIA required the Developer to complete all Improvement Work, as defined in the SIA, on or before the second anniversary date of Council approval of the SIA; and WHEREAS, the Amendment approved an extension of the SIA for an additional two yeazs to complete the partially improved project; and WHEREAS, the Developer has installed improvements for Phase 1 of the project, but has not completed all of the Improvement Work; and WHEREAS, the Developer has provided the City of Chula Vista with bonds for the remaining two phases of the project and has executed a Second Amendment to the SIA to extend the term an additional two yeazs to October of 2013. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approve the Second Amendment to the SIA between the City of Chula Vista and K. Hovnanian at Bella Lago, LLC and Bella Lago, LLC, a copy of which shall be kept on file in the office of the City Clerk. Presented by Approved as to form by ~, ~- Gary albe t, .E., AICP len R. ~ ogins Assistant C ty anager/Director of ~t Atto~iey ~ t Resolution No. 2011-005 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 18th day of January 2011 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, Castaneda, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Cheryl Cox, or ATTEST: ~a ~~~~~ ~,~ Donna R. Norris,'CMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2011-005 was duly passed, approved, and adopted by the City Council at a regulaz meeting of the Chula Vista City Council held on the 18th day of January 2011. Executed this 18th day of January 2011. /I/l-t~c.~l~i. /~ l_/1y 4u4 Donna R. Norris, CMC, City Clerk