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HomeMy WebLinkAboutReso 2018-018RESOLUTION NO. 2018-018 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN EXCLUSIVE NEGOTIATING AGREEMENT WITH THE UNIVERSITY OF SAINT KATHERINE, A PRIVATE NON-PROFIT UNIVERSITY, FOR A PROPOSED UNIVERSITY DEVELOPMENT WHEREAS, in December 2015 the City completed its acquisition of 375 acres located in the Otay Ranch community of the City of Chula Vista for the development of a University and Innovation District (UID); and WHEREAS, the UID anticipates building a facility that, at build out, could accommodate up to 20,000 students on a bi-national, multi-institutional campus; and WHEREAS, the University of Saint Katherine (Saint Katherine) has expressed a desire to establish its permanent campus on a portion of the UID campus; and WHEREAS, the City of Chula Vista is interested in pursuing the Saint Katherine opportunity to establish an undergraduate university for 1,000 full time students with student housing for 400 students; and WHEREAS, Saint Katherine is uniquely qualified for the proposed university project as an independent, co-educational, and privately endowed University, accredited by the WASC Senior College and University Commission, that started as a new university in 2010 and has grown from 20 students to over 200 students; and WHEREAS, Saint Katherine is willing to invest substantial time and resources towards the advancement of their proposed university; and WHEREAS, the Exclusive Negotiating Agreement (ENA) will allow the parties to develop a campus master plan, determine the financial feasibility and ability of Saint Katherine’s to implement the master plan and the proposed university project, and negotiate the terms and conditions for a development agreement for the university project; and WHEREAS, the ENA will have an initial term of ninety (90) days with the ability to extend up to an additional two (2) ninety day periods upon mutual agreement of the parties. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it approves the Exclusive Negotiating Agreement (ENA) between the City of Chula Vista and the University of Saint Katherine in the form presented, with such minor modifications as may be required or approved by the City Attorney; authorizes the City Manager to execute the ENA on behalf of the City of Chula Vista; and directs City staff to report back to the City Council regarding the due diligence evaluations that occur during the initial 90-day term. DocuSign Envelope ID: 9390CEED-9A45-49FD-BD89-9639B33DC525 Resolution No. 2018-018 Page No. 2 Presented by Approved as to form by Eric C. Crockett Glen R. Googins Director of Economic Development City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 23rd day of January 2018 by the following vote: AYES: Councilmembers: Aguilar, Diaz, McCann, Padilla, and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None Mary Salas, Mayor ATTEST: Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2018-018 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 23rd day of January 2018. Executed this 23rd day of January 2018. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: 9390CEED-9A45-49FD-BD89-9639B33DC525