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HomeMy WebLinkAboutReso 2015-196 RESOLUTION NO. 2015-196 RESOLUTIO\' OF THE CITY COUTCIL OF THE CITY OF CHULA VISTA WAIVI?r'G THE COI�4PETIT[VE FORMAL BID REQUIREMENT, APPROVII�'G AI�' AGREEMENT TO PROVIDE ECOt�'OMIC ADVISORY SERVICES FOR THE BAYFRONT PROJECT BET«%EEI�' THE CITI' AND ECONO?�4IC R PLANI�'It�'G SI'STEA4S. INC.. AND AUTHORIZII�G THE CIT1' A�.ANAGER TO E�ERCISE T��'O ONE-1'EAR OPTIO?�'S TO EXTE\'D THE AGREEMENT V�'HEREAS, the Cit}� and the San Dieeo Unified Port District (Port) aze participating in a joint planning effort to develop the Chula Vista Ba�front (the "Ba}�fronr`); and WHEREAS, Economic & Plannine S��stems, Inc. (EPS) «ill pro��ide independent economic ad��ice in the Cih�`s efforts related to the Ba.�front: and WHEREAS: EPS brings experience in large-scale rede�elopment and reuse, public/private development. and waterfront development that ��°ill be ��aluable to the Cit��`s efforts to develop the Bayfront; and WHEREAS, in Februarv 201�, the Board of the Commissioners of the Pon approved an exclusive nesotiatins aereement ���ith RIDA Development Corporation (Developer) to develop a destination resort and com�ention center on the Chula Vista Ba��front (the "Ba��front Project '), the terms of���hich ���ill eventualh� be incorporated in agreements ���hich ��ill have financial and fiscal implications for the Cit�� that need to be carefullv ��etted and considered from the Cin`s perspective; and �b7HEREAS; EPS ���ill �i�ork with Cit}� and Port staff and consultants to de��elop a plan of finance and implementation strateeies necessary to e�ecute it for the Ba�front Project; and �'HEREAS, EPS �rill re��iew financial and economic anah•ses prepared by Cih� and Port staff and consultants in order to understand the o�erall financial structure of the Ba��front Project and kev economic issues: and V�'HEREAS: EPS will serve as an advisor to the City, pro��idine strategic, anahnic. and negotiation support as the Citv ���orks throueh issues associated ���ith the eo��emance and financing of the Bayfront Project. and the negotiation of the terms of agreements bet���een the Cit��, the Port, and the De�eloper; and �4'HEREAS, Chula Vista Municipal Code Section 2.�6.070(B)(3) c£ (4) allo�vs for a Cim Council H�aiver of the formal competitive bid process if the cit��'s interests ���ould be materialh� better sen�ed by apphing a different purchasing procedure appro��ed by the purchasin� agent as being consistent ���ith eood purchasine practices; and � Resolution No. 201�-196 Pa�e No. 2 WHEREAS, EPS pre��iously provided these services to the City for the Bayfront Project, and therefore has a thorough and unique understanding of the project and potential financing structures that are being considered; and WHEREAS, based upon the prior eaperience of EPS providing economic anah�sis sen�ices for the Bayfront Project, the city's interest would be materiall}� better served by continuing to contract with EPS for these sen�ices rather than conducting a competitive formal bid process. NOW, THEREFORE, BE IT RESOLVED by the City Council of the Ciry of Chula Vista, that it appro��es the agreement to provide economic advisory services for the Bayfront Project, between the Cih� and Economic & Planning Systems, Inc., in the form presented; �vith such minor modifications as mav be required or approved by the Cit}� Attome��, a copy of which shall be kept on file in the Office of the City Clerk, and authorizes and directs the Mayor to execute same and authorizes the City Manager to exercise two one-year options to eatend the agreement. Presented by Approved as to form by �� - -° �__ Mazia {achadoorian len R.Googins � Deputy City Manager/Director of Finance City Attorne,� � Resolution No. 201�-196 Paee \o. 3 PASSED. APPROVED. and ADOPTED b� the Citv Council of the Cit�� of Chula Vista. Califomia. this 11 th da�° of Aueust 201� bv the follo���in� vote: .AYES: Councilmembers: Awilar. Bensoussan. D4cCann and �4iesen NAYS: Councilmembers: None ABSEI�'7: Councilmembers: None ABSTAIIv: Councilmembers: Salas h4ar�� Sa s. n4a�=or ATTEST: , Donna R. I�'orris. C C. Citv Clerk STATE OF CALIFORi\TIA ) COUi�'TY OF SAN DIEGO ) CITY OF CHULA VISTA ) I. Donna R. Noms. Cin Clerk of Chula Vista. Califomia. do herebv certifi� that the foreQoins Resolution No. 201�-196 ���as dulv passed. appro��ed. and adopted bv the Cin� Council at a reeular meetine of the Chula Vista Ciri� Council held on the 1 1 th da� of AuQust 201�. E�:ecuted this 1 1 th dav of Aueust 201�. ����� Donna R. Noms. CMC. Cit�� Clerk