HomeMy WebLinkAboutReso 2000-157 RESOLUTION NO. 2000-157
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, WAIVING THE CONSULTANT
SELECTION PROCESS AS IMPRACTICAL, APPROVING THE
AGREEMENTS WITH BRUCE W. HULL & ASSOCIATES TO
PROVIDE APPRAISAL SERVICES AND THE MEYERS GROUP
TO PREPARE A MARKET ABSORPTION STUDY ASSOCIATED
WITH COMMUNITY FACILITIES DISTRICT NO. 2000~1 AND
AUTHORIZiNG THE CITY MANAGER TO EXECUTE SAID
AGREEMENTS
WHEREAS, ACI Sunbow, LLC (the "Applicant") has made application with the City of
Chula Vista (the "City") to request that the City initiate proceedings under the provisions of the
"Mello-Roos Community Facilities Act of 1982," as amended (Government Code Section 53311 and
following), to form a community facilities district (the "Community Facilities District") to finance
the acquisition and/or construction of certain public improvements required as a precondition to the
development of properties owned and/or to be developed by the Applicant or Applicant's successors
within certain portions of that area of the City commonly known as Villages 5 through 10 of Sunbow
II; and
WHEREAS, the Applicant has agreed to advance funds to the City for the payment of certain
initial consulting and administration costs and expenses related to the proceedings to consider the
formation of the Community Facilities District and to subsequently authorize, issue and sell bonds
for the Community Facilities District; and
WHEREAS, the form of a Reimbursement Agreement to memorialize the terms and
conditions of such advances and reimbursements has been presented to this City Council for its
consideration; and
WHEREAS, the form agreements for two of the six necessary consultants including market
absorption analyst and appraiser have been presented to this City Council for its consideration; and
WHEREAS, staff recommends the Consultant Selection process be waived because it is in
the City's best interest and the following circumstances make it impractical:
1. The need to expedite the formation of the proposed Community Facilities District
2. Familiarity with the community fee structures is essential for the protection of the
future bond purchasers.
3. Extensive knowledge of area property values is necessary.
4. A deep understanding of the dynamics of a regional market place and the potential
of this project within that market is necessary.
Resolution 2000-157 -.
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WHEREAS, staff recommends Bruce W. Hull & Associates to be the appraiser and The
Meyers Group to be the market absorption analyst due to their demonstrated high level of expertise.
NOW, THEREFORE, IT IS HEREBY RESOLVED:
SECTION 1. The above recitals are all true and correct.
SECTION2. TheConsultantSelectionProcessisherebywaivedandtheformsofagreementswith
The Meyers Group for market absorption analysis and Bruce W. Hull & Associates for appraisal
services, herewith submitted, are approved substantially in the forms submitted. The City Manager
is hereby authorized to execute the final form of each such agreement on behalf of the City. The City
Manager, subject to the review of the City Attorney, is authorized to approve changes in such
agreement in substantially the form presented with such minor modifications as may be required
or approved by the City Attomey.
Prepared by Approved as to form by
P~u~llic Works Director J iaheny
Resolution 2000-157
Page 3
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 16m day of May, 2000, by the following vote:
AYES: Councilmembers: Davis, Moot, Padilia, Salas, and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Shirley Horto~ayor
ATTEST:
Susan Bigelow, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, Califomia, do hereby certify that the foregoing
Resolution No. 2000-157 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 16th day of May, 2000.
Executed this 16th day of May, 2000.
Susan Bigelow, City Clerk fi~