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HomeMy WebLinkAboutReso 2001-255 RESOLUTION NO. 2001-255 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FIRST AMENDMENT TO THE LAND OFFER AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND BROOKFIELD SHEA OTAY, LLC, FOR CONVEYANCE OF LAND TO THE CITY FOR UNIVERSITY PURPOSES, AND AUTHORIZING THE MAYOR TO EXECUTE SAID FIRST AMENDMENT WHEREAS, in 1999, the City entered into a Letter of Intent with NM Homes Two, Inc. and other associated companies under which the City agreed to negotiate an Offer Agreement which would provide for the conveyance of 536.9 acres to the City for a University Site; and WHEREAS, under the terms of the proposed Land Offer Agreement, NM Homes would agree to convey 536.9 acres, which has been designated as a portion of the proposed 1,100+ acres "University Site" to the City of Chula Vista for future conveyance to the University of California or other qualified higher education institution; and WHEREAS, under the terms of the proposed Land Offer Agreement, the City agreed to a certain time schedule for discretionary approvals on NM Homes ownership in Village 1 I; and WHEREAS, NM Homes sold their interest in the Otay Ranch Project to Brookfield Shea Otay LLC, and Brookfield has requested an extension of the schedule for discretionary approvals; and WHEREAS, the Environmental Review Coordinator has determined that the use of the property as described in the subject agreement was previously considered in the Otay Ranch General Development Plan/Subregional Plan Program EIR-90-01. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby approve the First Amendment to the Land Offer agreement between the City of Chula Vista and Brookfield Shea Otay LLC, for conveyance of land to the City for University purposes, a copy of which shall be kept on file in the Office of the City Clerk. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized and directed to execute said First Amendment to the Land Offer agreement for and on behalf of the City of Chula Vista. Presented by Approved as to form by l~;bert Leit~r " J~fr~l. Kaheny ~ Planning and Building Director ~FA~y Attorney Resolution 2001-255 - Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 7th day of August, 2001, by the following vote: AYES: Councilmembers: Davis, Padilla, Rindone, Salas and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: None Shirley Hot'or, Mayor - ATTEST: Susan Bigelow, City Clerk I 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. 2001-255 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 7th day of August, 2001. Executed this 7th day of August, 2001. Susan Bigelow, City Cleft(