HomeMy WebLinkAboutRDA Reso 2004-1861
RESOLUTION NO. 1861
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA APPROPRIATING $30,000 FROM THE AVAILABLE
BALANCE OF THE MERGED PROJECT AREA TO FUND A CONSULTING
AGREEMENT WITH KEYSER-MARSTON ASSOCIATES FOR FINANCIAL
ANALYSIS AND ASSISTANCE WITH NEGOTIATIONS WITH AUTO PARK
DEVELOPERS
WHEREAS, the Five Year Implementation Plan (2000 - 2004) for the Otay Valley Road
Redevelopment Project Area calls for the expansion of the Chula Vista Auto Park to eliminate blight, create
jobs and provide revenue for Agency and City operations; and
WHEREAS, on July 22, 2003, the Redevelopment Agency of the City of Chula Vista adopted an
Owner Participation Agreement for the development of the Auto Park North Specific Plan; and
WHEREAS, the Owner Participation Agreement for Auto Park North calls for the timely recruitment
and development of three new automobile dealerships fronting on Main Street in the Otay Valley Road
Redevelopment Project Area; and
WHEREAS, two of the three required dealerships have been identified and desire to negotiate
development agreements with the Agency; and;
WHEREAS, Keyser Marston is uniquely qualified to provide on call assistance to the Agency in
analyzing statements and requests made by automobile dealerships; and
NOW, THEREFORE, BE IT RESOLVED the Redevelopment Agency of the City of Chula Vista does
hereby appropriate $30,000 from the available balance of the merged project area for the purpose of funding
a staff approved contract with Keyser Marston Associates for assistance with financial analysis and, if
necessary, negotiations with Auto Park developers.
PRESENTED BY
APPROVED AS TO FORM BY
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La rie Madigan
Di ector of Community Development
,
Resolution No. 1861
Page 2
PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA, CALIFORNIA this 17th day of February, 2004 by the following vote:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
Members Davis, McCann, Rindone, Salas, and Chair/Mayor Padilla
None
None
None
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Steve adilla
Chairman/Mayor
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. 1861 and that the same
has not been amended or repealed,
Dated: February 17, 2004
Lau 'e Madigan
Exe utive Secretary