Title
Department of Transportation recommending the Board approve and authorize the Chair to sign Fifth Amendment to Agreement to Make Subdivision Improvements for Class 1 Subdivision between County and Owner, Lennar Homes of California, Inc. for West Valley Village Unit 7B, TM 99-1359-7B, extending the performance period to February 7, 2020.
FUNDING: Developer Funded.
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DISCUSSION / BACKGROUND
On August 28, 2007 (Item 22), the Board of Supervisors (Board) approved the Final Map and Agreement to Make Subdivision Improvements for Class 1 Subdivision between County and Owners, Landsource Holding Company, LLC and Lennar Communities, Inc. for West Valley Village Unit 7B, AGMT 07-1496.
On January 29, 2013 (Item 13), the Board authorized Amendment 1 to the West Valley Village Subdivision Improvement Agreement Unit 7B, AGMT 07-1496 extending the performance period to February 7, 2013.
On May 13, 2014 (Item 17), the Board approved Amendment 2 extending the performance period to February 7, 2015.
On February 24, 2015 (Item 23), the Board approved Amendment 3 extending performance period to February 7, 2016.
LandSource Holding Company, LLC entered into an Assignment and Assumption Agreement with Successor Owner, Lennar Homes of California, Inc. and transferred ownership of West Valley Village Unit 7B.
On January 12, 2016 (Item 25), the Board approved Amendment 4 between the County and Lennar Homes of California, Inc., extending performance period to February 7, 2017.
Resolution 96-95 authorizes the Director of the Department of Transportation (Transportation) to sign a one-time, twelve (12) month extension of improvement agreement performance periods. Subsequent extensions must be approved by the Board.
On January 12, 2016 (Item 25), the Board adopted Resolution 012-2016 approving the one year performance period extension of the specific agreements listed on the resolution whose performance periods required completion within the 2016 calendar year. Am...
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