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HomeMy WebLinkAboutReso 1993-17099 RESOLUTION NO. 17099 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING A 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 INTERPRETIVE CENTER WHEREAS, at the March 16, 1993 City Council meeting, the City Council considered a report on the status of a Lease, Loan and Operating Agreement with the Bayfront Conservancy Trust (BCT) for the operations of the Nature Interpretive Center (NIC); and, WHEREAS, at this same meeting, Council approved lifting the freeze on the remainder of the FY 1992-93 BCT/NIC operating budget, based on the progress made on the agreement and on other Council-directed items related to the NIC; and, WHEREAS, at its June 30, 1992 meeting and at earlier budget review meetings in May 1992, Council had raised a number of concerns related to funding for the NIC and the City's and Agency's relationship with the BCT, and had directed staff to prepare a new Lease, Loan and Operating Agreement with part of the NIC's FY 1992-93 budget frozen until the issues were addressed; and, WHEREAS, staff is recommending City and Agency approval of an agreement which carries two-year terms for the lease and loan sections, during which time staff will negotiate a new lease, rental payments and a loan repayment schedule; and, WHEREAS, resolution of these items is contingent upon establishment of an ongoing financing mechanism and is tied to Development Agreement negotiations with the Bayfront developer, which are anticipated to be completed during this two year period. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approve a 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 Interpretive Center, known as document number C093-086, a copy of which is on file in the office of the City Clerk. Resolution No. 17099 Page 2 BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized and directed to execute said Agreement for and on behalf of the City of Chula Vista. Presented by Appro as to fo by ' '/ .ruce M Boo 7 /~./es R. Thomso. . gaard ~ Deputy City Manager ~ty Attorney Resolution No. 17099 Page 3 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 4th day of May, 1993, by the following vote: YES: Councilmembers: Fox, Hotton, Moore, Rindone, Nader NOES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Tim Nader, Mayor ATTEST: BeVerly~. Authelet, 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. 170gg was duly passed, approved, and adopted by the City Council at a joint City Council/Redevelopment Agency meeting held on the 4th day of May, 1993. Executed this 4th day of May, 1993. Beverly Ai Aut~elet, City Clerk ' II IF