HomeMy WebLinkAboutRDA Reso 2004-1882
RESOLUTION NO. 1882
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA APPROVING AN EXTENSION OF THE OPTION TO
PURCHASE REAL PROPERTY AGREEMENT AND PURCHASE
AGREEMENT AND ESCROW INSTRUCTIONS AND MEMORANDUM OF
OPTION FOR PROPERTY OWNED BY MRS. JUDI SHINOHARA IN THE
OTAY VALLEY REDEVELOPMENT PROJECT AREA
WHEREAS, in April, 1993 a remainder parcel was created to contain a stockpile of non-hazardous
contaminated soils found on lands owned by Mrs. Judi Shinohara and planned as Phase I of the Chula Vista
Auto Park; and
WHEREAS, in November, 2000; the Redevelopment Agency and Mrs. Shinohara agreed to a
settlement and clean up for the site; and
WHEREAS, the site clean up was completed on July 27, 2001; and
WHEREAS, the Settlement Agreement provided to the Agency an Option to Purchase the remainder
parcel within three years of the completion of the clean up; and
WHEREAS, a subsequent mediation agreement set forth a method for extending said Option to
Purchase for two years; and
WHEREAS, retaining the ability to purchase the site is consistent with the redevelopment goals for
the Otay Valley Redevelopment Project Area.
NOW, THEREFORE, BE IT RESOLVED the Redevelopment Agency of the City of Chula Vista does
hereby approve an Extension of the Option to Purchase Real Property and Purchase Agreement and
Escrow Instructions and Memorandum of Option for property owned by Mrs. Judi Shinohara in the Otay
Valley Project Area.
PRESENTED BY
APPROVED AS TO FORM BY
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auri Madigan
Direct r of Community Development
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Ann Moore
Agency Attorney
Resolution No. 1882
Page 2
PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA, CALIFORNIA this 13th day of July, 2004 by the following vote:
AYES:
Members Davis, McCann, Rindone, Salas, and Chair/Mayor Padilla
NOES:
None
ABSENT:
None
ABSTENTIONS:
None
ATTEST:
STATE OF CALIFORNIA)
COUNTY OF SAN DIEGO) ss:
CITY OF CHULA VISTA)
I, Laurie 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.
1882 and that the same has not been amended or repealed.
Dated: July 13, 2004