HomeMy WebLinkAboutReso 1995-18001 RESOLUTION NO. 18001
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING FIRST AMENDMENT TO THE THREE PARTY
AGREEMENT BETWEEN THE CITY OF CHULA VISTA,
REDEVELOPMENT AGENCY, AND CHULA VISTA BAYFRONT
CONSERVANCY TRUST FOR A LEASE, LOAN AND OPERATING
AGREEMENT FOR THE CHULA VISTA NATURE CENTER
WHEREAS, at the joint Council/Agency meeting on May 4, 1993, the City
Council and Redevelopmerit Agency approved a three party agreement between the City,
Redevelopment Agency, and Bayfront Conservancy Trust (BCT) for a Lease, Loan and
Operating Agreement for the operation of the Chula Vista Nature Center (C093-086); and
WHEREAS, the components of that Agreement which provide the City with
specified controls and oversight of the Nature Center operations will continue in effect until
the loans that the City and the Agency have provided to the BCT have been repaid, but the
lease and loan components of the Agreement expired in May 1995; and
WHEREAS, when the Lease, Loan and Operating Agreement were approved in
May 1993, two year terms were provided for the lease and loan components of the
agreement with the anticipation that during that two year period, City and Agency
negotiations with the bayfront developer would be completed and either a benefit assessment
district or some other funding mechanism to pay for ongoing operations and maintenance of
the Nature Center would be established; and
WHEREAS, negotiations with the bayfront developer have not been completed,
and a Council subcommittee was recently established to review issues related to the
Disposition and Development Agreement with the bayfront developer, which could include the
issue of the benefit assessment district for the ongoing operations and maintenance at the
Nature Center; and
WHEREAS, staff is recommending that the lease and loan components of the
Lease, Loan and Operating Agreement be extended until the end of July 1997.
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista
does hereby approve First Amendment to the Three Party Agreement between the City of
Chula Vista, Redevelopment Agency, and Chula Vista Bayfront Conservancy Trust for a Lease,
Loan and Operating Agreement for the Chula Vista Nature Center.
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, a copy of which is on file in the office of the City Clerk known as Document No.
Resolution No. 18001
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula
Vista, California, this 15th day of August, 1995, by the following vote:
AYES: Councilmembers: Alevy, Padilia, Rindone, Horton
NAYES: Councilmembers: None
ABSENT: Councilmembers: Moot
ABSTAIN: Councilmembers: None
Shi~orton, Mayor
ATTEST:
Beverly A~Auth;let, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
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. 18001 was duly passed, approved, and adopted by the City
Council at a regular meeting of the Chula Vista City Council held on the 15th day of August,
1995.
Executed this 15th day of August, 1995.
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