HomeMy WebLinkAboutReso 2014-123 RESOLUTIOI�' ?�'O. 2014-123
RESOLUTION OF THE CITY COUNCIL OF THE CITl' OF
CHULA VISTA AliTHORIZII�'G THE MAYOR TO ENTER
II�'TO A RESTATED AI�'D AMENDED LAND OFFER
AGREEn4EI�TT BETR�EEN THE CITI' OF CHIiL.A VISTA A?�TD
SSBT LCRE V. LLC: FOR COI�TVEYANCE OF 128.6 ACRES
TO THE CITY FOR UI�'IVERSITI' PARK AND I?�T'OVATION
DISTRICT DEVELOPMEI�TT
WHEREAS, in adoptine the Ota}� Ranch General Development Plan in 1993 the Cit�� of
Chula Vista formallv declazed its intent to plan for and pursue an institution(s) of hi�her learnine
within its municipal boundaries; and
R�"I-IEREAS, the updated Cin of Chula Vista General Plan in December 200� recognized
the manv benefits of a Regional Technolog}� Park / Inno��ation District, �vhich would be
associated with the Universitv(ies): and
WI-IEREAS. JJJ & K Investments Two, LLC; OV Three Two, LLC; an R Quarry, LLC;
all Dela���are limited liabilih- companies and the Citv, entered into a Land Offer Agreement,
dated Ma}: 20. 2008 that ���as recorded against real propem� commonl}� referred to as Villages
3,4;8,9 and ]0 of the Otay Ranch Project (First Land Offer Agreement); and
\�'HEREAS, JJJ R K Investments T��o, LLC; OV Three Two, LLC; pazcel o�mership
boundaries changed resultinQ in the need to amend the First Land Offer Agreemenr. and
R'HEREAS. on Auaust 17. 2010. the Citv entered into an Amended Land Offer
Aereement reflectina pazcel otimership changes; and
R'HEREAS, pursuant to the terms of First Land Offer Aareement and Amended Land
Offer Agreement, the Ciri� ma�� accept Irrevocable Offers of Dedication for 160 gross acres to be
utilized as a Universirv Pazk Innovation District and other uses set forth in said instrument
(Universit} Propert}�); and
V�'HEREAS, the above describes entities no longer o���ned by all of the properties
described in the First Land Offer Aereement and Amended Land Offer Agreement; and
WHEREAS. SSBT LCRE V. LLC as the current o��ners of the Uni��ersity Propem.
would like to proceed H�ith the entitlements process for Villages 3 north portion of 4. 8 East and
10 of the Otay Ranch Project; and
Resolution No. 2014-123
Page No. Z ,
V✓HEREAS, the City`s Development Services Director has reviewed the proposed
activity for compliance with the California Environmental Quality Act (CEQA) and has
determined that there is no possibilitv that the acti�ity may have a significant effect on the
environment; therefore, pursuant to Section 15061(b)(3) of the State CEQA Guidelines the
activin- is not subject to CEQA, and future entitlements associated with the land offer aereement
will be subject to further environmental review at the time specific projects are proposed: and
WHEREAS, SSBT LCRE V, LLC (Collectively "O��ner") agrees to convey the
University Property pursuant to the terms of the new proposed Restated and Amended Land
Offer Agreement for Villages i north portion of 4, 8 East and 10 of the Ota}� Ranch Project.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula
Vista_ that the City Council does hereby approve the Amended and Restated Land Offer
Agreement between the City of Chula Vista and Owner for conveyance of 128.6 acres for
University Park and Innovation District development and other associated purposes; and 22.6
acres of active recreation land, a copv of which shall be kept on file in the office of the City
Clerk, and authorizes and directs the Mayar to execute same.
Present by Approved as to form by
Kell}� Bro ghton, FASLA Gl n R. ogins '
Director o evelopment Services Cit_ tto ey
Resolution ivo. 2014-123
Paee?�'o. 3
PASSED. .4PPROV"ED. and .4DOPTED b�� the Cin Council of the Cit�� of Chula Vista.
Califomia� this 8th dac of Jul�� 2014 b� the followin� ��ote:
AYES: Councilmembers: .4�uilar. Bensoussan. Ramirez. Salas and Cox
\Al'S: Councilmembers: None
.ABSEI�'T: Councilmembers: None
�
Chen�l Co�. h4 �or
ATTEST:
� ���
Donna R. Norris. CMC. Citv Clerk
STATE OF CALIFORI�TIA )
COU?�'TY OF SAI`' DIEGO )
CITY OF CHiJLA \'ISTA )
I. Donna R. Norris. Cit�� Clerk of Chula Vista. Califomia, do herebvi certifi� that the foreeoine
Resolution No. 2014-123 ��as dul�� passed. approved; and adopted by the City Council at a
regulaz meeting of the Chula Vista Cin� Council held on the 8th da}� of Juh� 2014.
Eaecuted this 8th da�� of Jul�� 2014.
�,,� . � ,�',� , .�'
Donna R. Nom's. C�MC. �t�� C erk