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File #: 20-1081    Version: 1
Type: Agenda Item Status: Approved
File created: 8/11/2020 In control: Board of Supervisors
On agenda: 9/29/2020 Final action: 9/29/2020
Title: Department of Transportation recommending the Board approve and authorize the Chair to sign Sixth Amendment to Agreement 07-1496 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, 2021. FUNDING: Developer Funded.
Attachments: 1. A - Approved CRS, 2. B - Amendment 6 to AGMT 07-1496, 3. C - AGMT 07-1496 and Amendments 1-5, 4. Executed Agreement 07-1496
Related files: 15-1466, 07-1375, 12-0026, 19-0302, 20-1023
Title
Department of Transportation recommending the Board approve and authorize the Chair to sign Sixth Amendment to Agreement 07-1496 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, 2021.

FUNDING: Developer Funded.
Body
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, Agreement 07-1496 (Agreement).

On January 29, 2013 (Item 13), the Board authorized Amendment 1 to the West Valley Village Subdivision Improvement Agreement Unit 7B, extending the performance period of the Agreement to February 7, 2013.

On May 13, 2014 (Item 17), the Board approved Amendment 2 extending the performance period of the Agreement to February 7, 2015.

On February 24, 2015 (Item 23), the Board approved Amendment 3 extending the performance period of the Agreement 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 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. Amendment 4 of the Agreement was executed under this resolution, extending the performance period to February 7, 2017.

On March 19, 2019 (Item 13), the Board approved Amendment 5 extending the performance period of the Agreement to February 7, 2020.

The cost estimates and bond amounts remain unchanged from that shown in Amendment 5, and have b...

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