HomeMy WebLinkAboutRDA Reso 2000-1700
RESOLUTION NO. 1700
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY
OF CHULA VISTA APPROVING OWNER PARTICIPATION
AGREEMENT WITH THE WITH PG&E DISPERSED GENERATING
COMPANY, LLC FOR THE CONSTRUCTION OF A PEAK LOAD
POWER PLANT AT 3497 MAIN STREET WITHIN THE SOUTHWEST
REDEVELOPMENT PROJECT
WHEREAS, PG&E Dispersed Generating Company, LLC leases the property at the southeast
corner of Main Street and Mace Street, which is diagrammatically shown in the Locator Map attached
to the Owner Participation Agreement and incorporated herein by reference; and,
WHEREAS, PG&E Dispersed Generating Company has presented development plans for the
construction of a Peak Load Power Plant and associated site improvements located at 3497 Main
Street ("Project"); and
WHEREAS, the site for the proposed Project is located within the Southwest Redevelopment
Project Area under the jurisdiction and control of the Redevelopment Agency of the City of Chula Vista;
and,
WHEREAS, the Design Review Committee and the Planning Commission reviewed and
recommended that the Redevelopment Agency approve the proposed Project subject to the conditions
listed in Exhibit B of the Owner Participation Agreement; and,
WHEREAS, the Redevelopment Agency of the City of Chula Vista has been presented an
Owner Participation Agreement, said agreement being on file in the Office of the Secretary to the
Redevelopment Agency and known as document RACO 00-17, approving the construction of the
Project located 3497 Main Street, as depicted in Exhibit A (design plans) and subject to conditions
listed in Exhibits B of said agreement.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
does hereby find, order, determine and resolve as follows:
1. The proposed project is consistent with the Southwest Redevelopment Plan and shall
implement the purpose thereof; the project shall assist with the elimination of blight in the
Project Area by putting to productive use a previously undeveloped and underutilized
parcel and by generating significant tax increment revenues that can be used to find other
blight eliminating programs and projects.
2. Redevelopment Agency of the City of Chula Vista hereby approves, in the form presented,
the Owner Participation Agreement with PG&E Dispersed Generating Company, LLC for
the construction of a Peak Load Power Plant and associated site improvements located at
3497 Main Street, within the Southwest Redevelopment Project Area in accordance with
plans attached thereto as Exhibit A and subject to conditions listed in Exhibits B of said
agreement.
3. The Chairman of the Redevelopment Agency is hereby authorized to execute the subject
Owner Participation Agreement between the Redevelopment Agency and PG&E
Dispersed Generating Company, LLC, in the form presented, with such minor
modifications as may be approved or required by the Agency Attomey.
Resolution No. 1700
Page 2
4. The Secretary of the Redevelopment Agency is authorized and directed to record said
Owner Participation Agreement in the Office of the County Recorder of San Diego,
California.
Presented by:
Approved as to form by:
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Chris Salomone
Community Development Director
Resolution No. 1700
Page 3
PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA, CALIFORNIA this 26th day of September, 2000 by the following vote:
AYES:
Members Davis, Moot, Salas, and Chair/Mayor Horton
NOES:
None
ABSENT:
Padilla
ABSTENTIONS:
None
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ATTEST:
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Chris Salomone
Executive Secretary
STATE OF CALIFORNIA)
COUNTY OF SAN DIEGO) ss:
CITY OF CHULA VISTA)
I, Chris Salomone, Executive Secretary to the Redevelopment Agency of the City of Chula Vista.
California DO HEREBY CERTIFY that the foregoing is a full, true and correct copy of Resolution No.
1700 and that the same has not been amended or repealed.
Dated: September 27, 2000
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Chris Salomone
Executive Secretary