HomeMy WebLinkAboutReso 2002-365 RESOLUTION NO. 2002-365
AGENCYRESOLUTION NO. 17~4
RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA APPROVING AN EXCLUSIVE NEGOTIATION
AGREEMENT WITH BARONE-GALASSO AND
ASSOCIATES AND THE OLSON COMPANY FOR
DEVELOPMENT OF THE "E" STREET
TRANSIT-ORIENTED-DEVELOPMENT (TOD) PROJECT
PROPOSAL LOCATED AT AND ADJACENT TO 707 "F"
STREET (OLD CITY CORPORATION YARD SITE),
DEEMING WAIVED CERTAIN OWNER PARTICIPATION
RIGHTS AND DIRECTING STAFF AND DEVELOPER TO
WORK WITH DESIGNATED PROSPECTIVE
OWNER-PARTICIPANTS
WHEREAS, representatives of Barone-Galasso & Associates and The Olson Company
("Developer") are proposing to develop the "E" Street Transit-Oriented-Development with a high
quality mixed use project comprised of for-sale and rental residential units, neighborhood and
visitor commercial spaces, a hotel, restaurants, a day care center and a City Visitor Center; and
WHEREAS, the proposed project area is comprised of approximately 13.45 developable
acres with 8 parcels, including 1 parcel owned by the City, 5 parcels owned by private parties,
and 2 parcels owned by the Metropolitan Transportation Development Board (not a part of this
Exclusive Negotiating Agreement) within the City of Chula Vista adjacent to the "E"
Street-Bayfront Trolley Station; and
WHEREAS, the Developer has requested an Exclusive Negotiating Agreement (ENA)
with the agency for one year, with an option for a six-month extension, in order to develop plans,
pursue entitlements, secure financing, and negotiate a Disposition and Development Agreement
(DDA) on the terms set forth therein; and
WHEREAS, the agency is willing to enter into an ENA due to the high quality of the
proposal and its potential to eliminate blighting conditions in the Town Centre II Redevelopment
Project Area by serving as a catalyst for quality development and revitalization at a key City
entryway; and
WHEREAS, the approval of the ENA is exempt from California Environmental Quality
Act (CEQA) under CEQA Guidelines Section 15061(b)(3); and
WHEREAS, the ENA, in compliance with State Law, provides for the extension of
owner participation rights to all property owners and tenants which are party to the ENA.
WHEREAS, the agency has extended owner participation rights as required by law, with
certain property owners responding, and others not.
NOW, THEREFORE, BE IT RESOLVED the Redevelopment Agency of the City of
Chula Vista does hereby approve the Exclusive Negotiating Agreement subject to owner
participation rights with Barone-Galasso and Associates and The Olson Company for
Resolution 2002-365
Page 2
development of the "E" Street Transit-Oriented-Development (TOD) proposal located at and
adjacent to 707 "F" Street (Old City Corporation Yard Site).
BE IT FURTHER RESOLVED that the agency finds and determines that owner
participation rights have been extended to prospective owner-participants as required by law.
(a) AT&T Wireless and VP Import/Export have failed to exercise their owner
participation rights within the required timeframes and such rights are hereby deemed
waived and extinguished;
(b) Aunt Emma's, Best Western and Travelers Suites have indicated an interest in
participating in the proposed project. Agency staff and Developer are authorized and
directed to negotiate with such parties as more particularly described in the ENA.
Presented by Approved as to form by
Chris Salomone John M. Kaheny
Director of Community Development City Attorney/Agency Counsel
Resolution 2002-365
Page 3
- PASSED, APPROVED, and ADOPTED by ~e City Council and the Redevelopment
Agency of the City of Chula Vista, California, this 10~ day of September, 2002, by the following
vote:
AYES: Agency/Councilmembers: Davis, Padilla, Rindone, Salas, and Horton
NAYS: Agency/Councilmembers: None
ABSENT: Agency/Councilmembers: None
Shi~~ayor/Chair
ATFEST:
Susan Bigelow, City Clerk"'
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing City
Council Resolution No. 2002-365/Redevelopment Agency Resolution No. 1794 was duly
passed, approved, and adopted by the City Council and Redevelopment Agency at a regular
meeting held on the l0th day of September, 2002.
Executed this i0ta day of September, 2002.
Susan Bigelow, City Clerk