HomeMy WebLinkAboutRDA Reso 2004-1865
RESOLUTION NO. 1865
CITY COUNCIL RESOLUTION NO. 2004-072
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AND
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING THE
TERMINATION OF THE EXCLUSIVE NEGOTIATING AGREEMENT AND BAYFRONT
MASTER PLANNING AGREEMENT WITH NORTH C.V. WATERFRONT L.P.
WHEREAS, Developer and Agency entered into an Exclusive Negotiating
Agreement on April 16, 2002, ("Previous ENA") in order to facilitate the development of a
mixed-use real estate project upon certain real property comprised of approximately 126 acres,
portions of which are owned by Agency and Chula Vista Capital ("CVC"). Developer submitted
a preliminary concept plan for development of said project to Agency as contemplated in the
Previous ENA; and
WHEREAS, the Previous ENA provided for the development of CVC's property,
consisting of approximately 97 acres ("Property"), and Agency's property, consisting of
approximately twelve (12) acres ("Agency Property"). Both the Property and Agency Property
are located within the City (collectively, "Properties"). Developer has executed an option
contract with CVC for the acquisition of the Property ("Option Agreement"), a copy of which
has been delivered to Agency; and
WHEREAS, Developer and Agency acknowledge that the Previous ENA was
terminated and is of no further force and effect; and
WHEREAS, Developer, City and Agency desire to enter into this Agreement in
order to facilitate the joint planning of the Properties with the San Diego Unified Port District's
("Port") development of the San Diego Bayfront Master Plan ("Port Master Plan").
NOW, THEREFORE, BE IT RESOLVED, the City Council of the City of Chula
Vista and Redevelopment Agency do hereby approve, conditioned upon the Port's approval of
the First Amendment to the Joint Planning Agreement, the Termination of Exclusive
Negotiating Agreement and Bayfront Planning Agreement ("Agreement") in substantially the
form submitted as attached.
BE IT FURTHER RESOLVED The Mayor is hereby authorized to execute the
final form of such Agreement on behalf of the City. The City Manager, subject to the review of
the City Attorney is authorized to approve minor changes to the form of the Agreement
deemed to be in the best interests of the City, approval of such changes to be evidenced by
the execution of such Agreement.
Presented by
Approved as to form by
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Laurie . Madigan
Comm nity Development Director
CA.. 'Y\A..&&.J-
Ann Moore .
Agency Attorney
Page 2
Resolution No. 1865
PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA, CALIFORNIA this 2nd day of March, 2004 by the following vote:
AYES:
Members Davis, McCann, Rindone, Salas, and Chair/Mayor Padilla
NOES:
None
ABSENT:
ABSTENTIONS:
None
None
4/¡EdL
Chairman
ATTEST:
I
Laurie . Madigan
Executi e Secretary
STATE OF CALIFORNIA)
COUNTY OF SAN DIEGO) ss:
CITY OF CHULA VISTA)
I, Laurie A. Madigan, 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. 1865 and that the
same has not been amended or repealed.
Lauri A. Madigan
Exec tive Secretary
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Dated: March 3, 2004
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EXHIBIT "A"
AMENDED AND RESTATED RULES GOVERNING PARTICIPATION
AND REENTRY PREFERENCES FOR PROPERTY OWNERS
AND BUSINESS OCCUPANTS
FOR THE MERGED CHULA VISTA REDEVELOPMENT PROJECT AREA