HomeMy WebLinkAboutReso 2000-312 RESOLUTION NO. 2000-312
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA DIRECTING THE CITY MANAGER TO
CONDUCT FURTHER ANALYSIS REGARDING THE
PURCHASE OF SR-125 TOLL ROAD FRANCHISE
WHEREAS, the City of Chula Vista has retained the firm of Smith and Kempton to assist
the City in efforts to assure that SR-125 is constructed in a timely manner; and
WHEREAS, this facility is a crucial transportation element to serve the new developments
in Eastern Chula Vista and the entire eastern South Bay of San Diego County; and
WHEREAS, at the Council meeting of May 2, 2000, Council directed staff to investigate the
necessary actions and commitments needed for the City to be involved in a Public Toll Road.
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does
hereby direct staff to take the following actions:
1. Proceed with further discussions/negotiations with CTV on acceptable terms
and conditions for a transfer of the SR-125 Franchise.
2. Request CTV to make available all data and information necessary for a full
"peer" review.
3. Authorize the City Manager to use appropriate funds to hire consultants to
review traffic and revenue forecasts, to conduct a financial appraisal and to
retain outside legal resources when necessary.
4. Enter into discussion with consultants to conduct a "peer" review of
information used by CTV in making traffic and revenue projections for this
project.
5. Enter into discussions with a financial consultant to conduct a financially
based appraisal.
6. Engage outside legal counsel, when necessary, to advise the City on legal
issues related to a public buyout.
7. Enter into discussions with SANDAG, the County of San Diego or other
appropriate jurisdictions regarding potential creation of Joint Powers
Authority.
8. Meet with the City's legislative delegation to discuss options and to gain
support for the City's objectives.
9. Meet with Administration officials:
CalTrans
" Business Transportation &Housing Agency
State Treasurer
Govemor's office
S~T
Resolution 2000-312
Page 2
10. Direct staff to explore the need for legislation and to identify any statutory
changes which might be required.
11. Direct staff to develop a schedule for implementation.
Presented by Approved as to form by
~orks Director John at;ny
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 22nd day of August, 2000, by the following vote:
AYES: Councilmembers: Davis, Moot, Salas, and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: Padilia
ATTEST:
Susan Bigelow, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2000-312 was duly passed, approve& and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 22n day of August, 2000.
Executed this 22na day of August, 2000.
Susan Bigelow, City Clerl~