HomeMy WebLinkAboutReso 1999-19328 RESOLUTION NO. 19328
AGENCY RESOLUTION NO. 1615
JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
APPROVING AN AMENDMENT TO THE PROJECT STAFFING /
CONSULTANT AND PROCESSING AGREEMENT WITH
TUCHSCHER DEVELOPMENT ENTERPRISES, INC. FOR
DEVELOPMENT OF A MIXED USE PROJECT ON THE
MIDBAYFRONT PROPERTY
WHEREAS, the Agency/City Council approved the Project Staffing/Consultant and
Processing Agreement on November 17, 1998, contingent on the execution of an option
agreement with the primary property owner and Tuchscher Development Enterprises
(Developer); and
WHEREAS, the option agreement was executed November 18, 1998; and
WHEREAS, the Developer incurred unexpected costs due to negotiations with the
primary property owner; and
WHEREAS, the Agency/City has committed to assisting with these cost; and
WHEREAS, the proposed amendment to the Processing Agreement reduces the
required deposit to $55,000 and the minimum balance to $27,500.
NOW, THEREFORE, BE IT RESOLVED that the City Council and Redevelopment Agency
of the City of Chula Vista do hereby approve the amendment to the Project
Staffing/Consultant and Processing Agreement with Tuchscher Development Enterprises, Inc.,
a copy of which is on file in the office of the City Clerk, known as Document Number CO99-
003, in the form presented and authorize and direct the Mayor/Chair to execute same.
Presented by Approved as to form by
Chris Salomone
Community DevelOpment Director /~y Attorney and Agency Counsel
Resolution 19328
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chuta Vista,
California, this 5'h day of January, 1999, by the following vote:
AYES: Councilmembers: Davis, Moot, Padilia and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: Salas
ABSTAIN: Councilmembers: None
Shirley Hort(o~Ma~yor
ATTEST:
Susan Bigelow, City Cl~rk
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. 19328 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 5th day of January, 1999.
Executed this 5th day of January, 1999,
Susan Bigelow, City Cler~