HomeMy WebLinkAboutReso 2017-104RESOLUTION NO. 2017-104
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING A NON-BINDING LETTER OF
INTENT (LOI) BETWEEN THE CITY; THE SAN DIEGO
UNIFIED PORT DISTRICT, AND RIDA CHULA VISTA, LLC,
FOR DEVELOPMENT OF A HOTEL AND CONVENTION
CENTER PROJECT WITHIN THE CHULA VISTA BAYFRONT
WHEREAS, the City of Chula Vista (City) and the San Diego Unified Port District
(District), began a collaborative planning process with the community to develop a
comprehensive Chula Vista Bayfront Master Plan (CVBMP) in 2002; and
WHEREAS, on May 18, 2010 the -District and the City unanimously approved the Final
Environmental Impact Report (UPOD#83356-EIR-658; SCH No. 2005081077) for the CVBMP;
and
WHEREAS, the first step in implementing the CVBMP was the adoption of the Chula
Vista Bayfront Master Plan Financing Agreement, which was approved by the City Council via
Resolution No. 2012-078; and
WHEREAS, an Amended and Restated Chula Vista Bayfront Financing Agreement,
reflecting updated contributions and commitments was approved by the City Council via
Resolution No. 2016-241; and
WHEREAS, the District's Board of Commissioners approved an Exclusive Negotiating
Agreement (ENA) with RIDA for the construction of a hotel and convention center project (the
"Project') on CVBMP Parcel H-3 on February 10, 2015; and
WHEREAS, approval of a non-binding LOI is recommended at this time in order to
facilitate the negotiation of a future Disposition and Development Agreement (DDA) for the
Proj ect.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula
Vista, that it approves the Non -Binding Letter of Intent (LOI) for Development of a Hotel and
Convention Center Project within the Chula Vista Bayfront between the City, the San Diego
Unified Port District and RIDA Chula Vista, LLC, in the form presented, with such minor
modifications as may be required or approved by the City Attorney, 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.
Resolution No. 2017-104
Page No. 2
Presented by
Gary Halbe
City Mana er
Approved as to form by
t1en R. G�ogin\`
Atto ey
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California; this 20th day of June 2017 by the following vote:
AYES: Councilmembers: Diaz, McCann, Padilla, and Salas
NAYS: Councilmembers: None
ABSENT: Councilmembers: Aguilar
_
Mary 6Mayor
ATTEST:
Donna R. orris, MC, City Clerk
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2017-104 was duly passed, approved, and adopted by the City Council at a
special meeting of the Chula Vista City Council held on the 20th day of June 2017.
Executed this 20th day of June 2017.
Donna R. Rorris, MC, City Clerk