HomeMy WebLinkAboutReso 2001-049 RESOLUTION NO. 2001-049
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AUTHORIZING THE CITY MANAGER TO
EXECUTE AN OPTION AGREEMENT WITH THE H.G.
FENTON COMPANY FOR THE POTENTIAL ACCEPTANCE
OF 4.63 ACRES OF VACANT PROPERTY LOCATED AT 2400
FAIVRE STREET AS A DONATION TO THE CITY
WHEREAS, the Trust for Public Lands holds a First Option to Buy on property owned
by the H.G. Fenton Company for its land holdings within the Otay Valley; and
WHEREAS, the City of Chula Vista, City of San Diego and the County of San Diego
have agreed to work with the Trust for Public Lands to acquire lands owned by the H.G. Fenton
Company for purposes of the planned Otay Valley Regional Park; and
WHEREAS, 4.63 acres of property located at 2400 Faivre Street owned by the H.G.
Fenton Company has been determined to not be suitable for acquisition for the planned Otay
Valley Regional Park; and
WHEREAS, said 4.63 acre site is zoned I-L (Limited Indush-ial) and is located within the
Southwest Redevelopment Plan area; and
WHEREAS, the H.G. Fenton Company requests that an Option Agreement be executed
with the City of Chula Vista for the potential donation of said 4.63 acres of property to the City
of Chula Vista; and
WHEREAS, upon execution the City of Chula Vista will agree with the terms of the
Option Agreement; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula
Vista, that the City Manager is hereby authorized to execute, for and on behalf of the City of
Chula Vista, an Option Agreement with the H.G. Fenton Company, a copy of which is on file in
the Office of the City Clerk, for the potential donation of 4.63 acres of property located at 2400
Faivre Street subject to the terms of the Option Agreement.
Presented by Approved as to form by
Robert A. Leiter Jd M. Kaheny ~
Planning &Building Director ey
Resolution 2001-049
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 6th day of March, 2001, by the following vote:
AYES: Councilmembers: Davis, Padilla, Rindone, Salas and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Shirle~yHono~,~~
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. 2001-049 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 6th day of March, 2001.
Executed this 6th day of March, 2001.
Susan Bigelow, City Clerk