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HomeMy WebLinkAboutReso 2025-149RESOLUTION NO. 2025-149 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FOURTH AMENDED AND RESTATED OPERATING AGREEMENT BETWEEN THE CITY AND LIVING COAST DISCOVERY CENTER WHEREAS, on October 1, 2014, the City of Chula Vista and the Living Coast Discovery Center (“LCDC”) entered into an Amended and Restated Operating Agreement for a period of one (1) year, with an expiration date of December 31, 2015; and on February 4, 2016 the City Manager extended the term to June 30, 2017 under the Article 3.2 of the Operating Agreement; and WHEREAS, on July 1, 2017, the Parties entered into the Second Amended and Restated Operating Agreement for the term ending December 31, 2018; in June 2019, the City Manager extended the term to June 30, 2020 under the Article 3.2 of the Operating Agreement; and WHEREAS, on July 28, 2020, the Parties entered into the Third Amended and Restated Operating Agreement for the term ending June 30, 2023; the City Manager has extended the term to September 9, 2025, under the Article 3.2 of the Operating Agreement; and WHEREAS, in order to further extend the Operating Agreement, and to update certain provisions thereof, the Parties now desire to enter into this Fourth Amendment and Restated Operating Agreement for a term ending June 30, 2029; and WHEREAS, the LCDC will be required to submit quarterly financial reports to the City; and WHEREAS, the LCDC will contract with an independent audit firm to conduct an audit every other year at the LCDC’s cost; and WHEREAS, the audit will be completed, and a copy provided to the City of Chula Vista Director of Finance no later than November 1 of the audit year; and WHEREAS, the City will engage an independent auditor to complete one performance audit in 2028 at the City’s expense. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it approves the Fourth Amended and Restated Operating Agreement between the City of Chula Vista and Living Coast Discovery Center, in the form presented, with such 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 City Manager to execute same. Docusign Envelope ID: 3006F359-F6A8-4022-B7A0-342FF006517A Resolution No. 2025-149 Page No. 2 Presented by Approved as to Form by Courtney Chase Marco A. Verdugo Deputy City Manager City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 9th day of September 2025 by the following vote: AYES: Councilmembers: Chavez, Fernandez, Inzunza, Preciado, and McCann NAYS: Councilmembers: None ABSENT: Councilmembers: None John McCann, 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. 2025-149 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 9th day of September 2025. Executed this 9th day of September 2025. Kerry K. Bigelow, MMC, City Clerk Docusign Envelope ID: 3006F359-F6A8-4022-B7A0-342FF006517A