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HomeMy WebLinkAboutReso 1997-18852 RESOLUTION NO. 18852 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FIRST AMENDMENT TO THE DETENTION BASIN AND SILTATION AGREEMENT BETWEEN THE CITY AND OTAY PROJECT LLC, SOUTH BAY PROJECT LLC FOR A PORTION OF THE OTAY RANCH SPA ONE AND AUTHORIZING THE MAYOR TO EXECUTE SAME WHEREAS, on August 12, 1997, Council approved by Resolution 18746 the Detention Basin and Siltation Agreement between the City and Village Development LLC for a portion of the Otay Ranch SPA One; and WHEREAS, this agreement provides for the construction and maintenance of certain drainage improvements within the Telegraph Canyon Basin and set forth the amount of the security (cash deposits and bonds) to be provided by the developer to ensure compliance with certain maintenance responsibilities for the Telegraph Canyon Channel; and WHEREAS, Otay Project LLC and South Bay Project LLC are the successors-in-interest to Otay Ranch L.P. and has succeeded to all of the rights, and has assumed all of the obligations as to the Agreement; and WHEREAS, the new owner requested certain changes to the existing agreement; and WHEREAS, staff has reviewed the proposed amendments and considers them acceptable and ready for approval by Council. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby approve the First Amendment to the Detention Basin and Siltation Agreement between the City and Otay Project LLC, South Bay Project LLC for a portion of the Otay Ranch SPA ONE, a copy of which shall be kept on file in the office of the City Clerk as Document No. CO97-193. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized and directed to execute said First Amendment for and on behalf of the City of Chula Vista. Presented by Approved as to form by Resolution 18852 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 16th day of December, 1997, by the following vote: AYES: Councilmembers: Moot, Padilia, Rindone, Salas and Horton NAYES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None ~n, Mayor ATTEST: ~AL~t'helet, City Clerk ~--. STATE OF CALIFORNIA COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 18852 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 December, 1997. Executed this 16th day of December, 1997 ~uth;let, City Clerk