HomeMy WebLinkAboutReso 2003-200 RESOLUTION NO. 2003-200
(AGENCY RESOLUTION NO. 1820)
RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA APPROVING AN EXCLUSIVE NEGOTIATING
AGREEMENT WITH LOMA VERDE., INC. DBA PACIFIC
SCENE HOMES, INC., FOR DEVELOPMENT OF THE CHULA
VISTA @ LANDIS PROJECT PROPOSAL LOCATED ON
LANDIS AVENUE BETWEEN E STREET AND F STREET
WHEREAS, representatives of Loma Verde, Inc. dba Pacific Scene Homes, Inc.
("Developer") are proposing to develop the Chula Vista @ Landis Project with a high quality
residential infill project comprised of for-sale residential units; and
WHEREAS, the proposed project area is comprised of approximately 1.79 developable
acres with 12 parcels owned by the within the City of Chula Vista adjacent to the Third Avenue
business district within the Town Centre I Redevelopment Project; and
WHEREAS, the Developer has requested an Exclusive Negotiating Agreement (ENA)
with the Agency for six months, 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 I Redevelopment
Project Area by serving as a catalyst for quality development and revitalization at a key urban
core location; and
WHEREAS, the Developer may also develop or assist the development of a related
mixed-use retail Paseo component that could link the project directly with the retail core on
Third Avenue; and
WHEREAS, the approval of the ENA is exempt from California Environmental Quality
Act (CEQA) under CEQA Guidelines Section 15061Co)(3).
NOW, THEREFORE, BE IT RESOLVED the Redevelopment Agency of the City of
Chula Vista does hereby (1) approve the Exclusive Negotiating Agreement with Loma Verde,
Inc. dba Pacific Scene Homes, Inc. for development of the Chula Vista @ Landis Project located
on Landis Avenue between E Street and F Street on the terms presented; and (2) authorize and
direct the Chairman to execute the agreement on a final form approved by the City Attorney.
Presented by Approved as to form by
Lauri{ Madigan / U Ann Moore
ComMunity Development Director City Attorney/Agency Counsel
Resolution 2003-200
Page 2
PASSED, APPROVED, and ADOPTED by the City Council and the Redevelopment
Agency of the City of Chula Vista, California, this 13th day of May, 2003, by the following vote:
AYES: Agency/Councilmembers: Rindone, Salas, McCann, and Padilla
NAYS: Agency/Councilmembers: None
ABSENT: Agency/Councilmembers: Davis
Stephen Padilla, Mayor/Chair
ATI'EST:
Susan Bigelow, City Cle~'k
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. 2003-200/Redevelopment Agency Resolution No. 1820 was duly
passed, approved, and adopted by the City Council and Redevelopment Agency at a regular
meeting held on the 13th day of May, 2003.
Executed this 13th day of May, 2003.
Susan Bigelow, City Clerk