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HomeMy WebLinkAboutReso 2023-017 DocuSign Envelope ID: DF5B416D-9958-4C91-A7C1-EE43D6F7694B RESOLUTION NO. 2023-017 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA WAIVING THE CITY'S CONSULTANT SELECTION PROCESS AND APPROVING AN EXCLUSIVE LEASE LISTING AGREEMENT WITH CBRE GROUP, INC. FOR MILLENIA LOTS 1 AND 7 WHEREAS, City desires to attract and locate a multi-institutional, bi-national university in Eastern Chula Vista on 383.7 acres of City-owned land("University-Innovation District"); and WHEREAS, City is launching the University-Innovation District on Lot 1 and 7 of Millenia as a way to reduce cost per acre development; and WHEREAS, on Lot 7 of Millenia, City is constructing a 168,000 square foot Class "A"office building ("Cinematic Arts Academic Center & Library") with approximately 60,000 square feet planned for a new City Library,approximately 50,000 square feet planned for a university tenant,58,000 square feet planned for talent attraction of a qualified industry user to pay market rate rent; and WHEREAS, City requires a qualified broker to list and market the available opportunities within the Cinematic Arts Academic Center&Library as well as additional development opportunities on Lot 7 of Millenia; and WHEREAS,City requires a qualified broker to list and market the available opportunities on Lot 1 of Millenia to seek high-quality, credit tenants who contribute to the overall vision and value of the University-Innovation District and would locate within the 1.7 million square feet available on Lot 1; and WHEREAS, City requires the expertise of a professional services consultant to act as a landlord representative for the City and provide marketing services to leverage CBRE's extensive network of occupiers, higher education, life sciences, and tech relationships, to ensure the University-Innovation District's Millenia offerings will be marketed to both local firms looking to relocate or add additional space, and national/international firms looking to enter the Chula Vista market or expand their current presence; and WHEREAS, Consultant is the largest and most successful commercial real estate services firm in the world, with significant and varied resources, including a dedicated Public Institutions Education Solutions business group which has advised over 100 non-federal agencies and universities on complicated and high-profile projects, and consultant provides access to development,university,public-private partnership specialists and local market experts to execute a transaction in the best interests of the City; and DocuSign Envelope ID: DF5B416D-9958-4C91-A7C1-EE43D6F7694B Resolution No. 2023-017 Page No. 2 WHEREAS, Consultant is the listing broker for the larger 383-acre University-Tnnovation District site as approved by the City Council on February 15,2022,and as such,consultant has valuable knowledge and experience working on the University-Innovation District project and are best equipped to continue this work in Millenia; and WHEREAS,based upon the above-described qualifications,performance capabilities, and experience, and the substantial work that Consultant has already performed for City under a separate but related contract regarding the University-Innovation District project, City has determined that Consultant is uniquely qualified to perform the Required Services and has waived the City's competitive bidding requirements pursuant to Chula Vista Municipal Code Section 2.56.070(B)(3) (City's interests are better served by an alternative procurement mechanism) and 2.56.070.B(4) (sole source exemption). NOW,THEREFORE,BE IT RESOLVED that the City Council of the City of Chula Vista, hereby: 1. Finds with respect to the proposed two-party agreement ("Agreement") between the City and CBRE Group, Inc. ("CBRE") for real estate advisement, marketing, and brokerage services ("Agreement"), based on the facts set forth above, that City's interests are better served by an alternative procurement mechanism (per CVMC 2.56.070(B)(3) and that CBRE is uniquely qualified to perform the proposed services (per CVMC 2.56.070.B(4)), and therefore waives the City's consultant selection process with respect to the Agreement; and 2. Approves the Agreement 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 3. Authorizes and directs the City Manager to execute the Exclusive Lease Listing Agreement with CBRE in a final form approved by the City Attorney. [SIGNATURES ON THE FOLLOWING PAGE] DocuSign Envelope ID: DF5B416D-9958-4C91-A7C1-EE43D6F7694B Resolution No. 2023-017 Page No. 3 Presented by Approved as to form by DocuSigned by: DocuSigned by: 15i6 ECF4'06508504' 2FC:59998BD74CC4_ 446F... Eric C. Crockett Glen R. Googins Deputy City Manager/Director of Economic City Attorney Development PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 21 st day of February 2023 by the following vote: AYES: Councilmembers: Cardenas, Chavez, Gonzalez,Preciado, and McCann NAYS: Councilmembers: None ABSENT: Councilmembers: None DocuSigned by: 7804EC23B90B473_. John McCann, Mayor ATTEST: DocuSigned by: c 3074D104EAF342E... 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. 2023-017 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 21 st day of February 2023. Executed this 21 st day of February 2023. DocuSigned by: 3074D104EAF342E... Kerry K. Bigelow, MMC, City Clerk