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HomeMy WebLinkAboutReso 2011-227RESOLUTION NO. 2011-227 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA SUPPORTING THE PHASE III EXPANSION OF THE SAN DIEGO CONVENTION CENTER, PROVIDED THAT THE BOARD OF PORT COMMISSIONERS AGREES TO FINANCING FOR EXISTING AND FUTURE SOUTH BAY PROJECTS, PROGRAMS AND USES WHEREAS, the San Diego Unified Port District ("Port") will hold a special meeting on November 29, 2011 to consider the request from the Mayor of the City of San Diego that the Port commit $3 million annually for twenty yeazs towards the proposed expansion of the San Diego Convention Center; and WHEREAS, the City of Chula Vista ("Chula Vista") supports expanding the San Diego Convention Center for the economic well-being of the region and appropriate levels of Port funding therefor, provided that the Port enters into agreements for the implementation of other South Bay member cities capital projects, programs and uses; and WHEREAS, Chula Vista and Port approved the Chula Vista Bayfront Master Plan (CVBMP), certified an environmental impact report in connection therewith, and expect to receive approval of the Plan from the California Coastal Commission in early 2012; and WHEREAS, the CVBMP is just as important a project to Chula Vista and the South Bay as the Convention Center is to San Diego, since both are economic drivers for the San Diego region and the South Bay Port member cities; and WHEREAS, Chula Vista and Port are in the process of finalizing a financing agreement for the implementation of the CVBMP (the "CVBMP Financing Agreement"), pursuant to which the Port agrees to pledge 100% of its CVBMP related lease revenues; and WHEREAS, other existing and proposed capital projects, programs and uses within the South Bay tidelands are important and necessary for the economic success of the South Bay member cities and the region. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista hereby supports the Port's proposed funding for the Phase III expansion of the San Diego Convention Center, provided that the Board of Port Commissioners also commits to and approves funding for (a) the CVBMP Financing Agreement, with a final agreement entered into prior to the end of February 2012; (b) a formal agreement, with a timeline, that implements the currently approved Port Capital Improvement Program; (c) a formal agreement that provides for the completion by December 2012 of the H Street Extension project; and (d) a program pursuant to which new Port revenues in excess of the $3 million required for the Phase III Expansion, including the $4.5 million in annual savings from the expiration of the Port's commitment to the Phase II Expansion, and/or other available funds, aze equitably distributed for the benefit of member cities, including, as necessary to expedite the CVBMP and/or implement other Chula Vista Bayfront projects, programs and uses as determined by the City Council. Resolution No. 2011-227 Page 2 PASSED and ADOPTED this 29th day of November, 2011. Presented by J es ID. S al ity Manager Approved as to form by len R. oogins C~ orney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 29th day of November 2011 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan Castaneda, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None ATTEST: Donna R. Norris, CMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ~/ a'-~ ~ Cheryl Cox ay r I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2011-227 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 29th day of November 2011. Executed this 29th day of November 2011. ~.. ~6~~ Donna R. Norns, CMC, City Clerk