HomeMy WebLinkAboutReso 2013-180 RESOLUTION I�'0. 2013-180
RESOLUTION OF THE CITY COUI�?CIL OF THE CITI' OF
CHULA \'ISTA APPROVING THE FIRST AA4ENDI�4ENT TO
THE EXCLUSIVE NEGOTIATIi�'G AGREEMEI�'T BETN'EEN
THE CITY OF CHULA VISTA AND HOMEFED
CORPORATION FOR PLAI�T'IIVG AI�iD DEVELOPMEI�'T OF
THE UI�'IVERSITY PARK AND II�TNOVATION DISTR[CT
WHEREAS, the Cit��of Chula Vista has lons had a eoal of de��eloping a hisher education
presence in the Citv; and � �
�1%HEREAS. the Citv of Chula Vista has solidified this aoal in the Cit��'s General Plan
and Otay Ranch General De��elopment Plan; and y
R'HEREAS, the Cih� has been working for se��eral years to acquire all the land necessar}
to develop the Uni��ersit�� Park and ]nnovation District; and
VJHEREAS; in 2008 and 2010, the Cin� entered into land offer agreements that pro��ide
for the acquisition of the final properties necessary to create the Universiri� Park and Innovation
District: and
�i'HEREAS; the City de[ermined that it did not emplo�� staff�vith the level of eapertise in
this ��en� specific type and maenitude of project and wished to esplore an arrangement ���ith
HomeFed to ser��e as Master Developer for the University Pazk and Innovation District project;
and
11'HEREAS, on December 11, 2012, the City entered into an Esclusive I�regotiatine
Agreement with HomeFed to enter into a Master De�elopment Agreement for planning and
de��elopment of the Uni��ersit�� Pazk and Innovation District that included an Initial Negotiation
Period of ninen� (90) days ���ith the potential for t��-o E�tended Neeotiatine Periods of an
additional ninety (90) days each: and
l�'HEREAS. staff has extended the E�dusive 1�ieeotiatine Aereement on Mazch 7. 2013
and aeain on June 6. 2013: and y y
�l'HEREAS, due to the complea narure of neeotiating the Master Development
Agreement. negotiations have taken longer than expected and staff �aould like to eztend the
Exdusi��e Negotiatine Aereement term b�� an additional nineri- (90) da�-s. �+�ith the potential for
t�i-o additional ninet�� (90) day periods.
NOV✓. THEREFORE; BE IT RESOLVED that the Cit�� Council hereby appro�e
Amendment 1�'0. 1 to the Exclusi��e \iegotiatine Aereement between the Cit�� of Chula Vista and
HomeFed Corporation regardine the planning and development of the University Park and
Research Center project in the form presented; ���ith such minor modifications as ma��be required
or approved b�� the Cit�� Attome��, a final copy of���hich shall be kept on file ��ith the Cit�� Clerk
and herebv authorize the Cit�� �4anaser to e�ecute the same.
Resolution No. 2013-180
Page 2
Presented by Approved as to form by
v
Kelly G. Broughton, FASLA Glen R. Go gins
Development Services Director Ciry Attomey
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
Califomia, this l Oth day of September 2013 by the following vote:
AYES: Councilmembers: Aguilar, Bensoussan, Ramirez, Salas and Cox
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Cheryl Cox, n yor
ATTEST:
0 �4�-�
Donna R. Noms, CMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA V1STA )
I, Donna R. Norris, City Clerk of Chula Vista, Calii'omia, do hcreby certify that the foregoing
Resolution No. 20li-180 �i�as duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the l Oth day of September 2013.
Executed this l Oth dav of September 2013.
/'��� R � O�S/L---L
Donna R. Norris, CMC, City Clerk