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HomeMy WebLinkAboutRDA Reso 2006-1932 REDEVELOPMENT AGENCY RESOLUTION NO. 2006-1932 (CITY COUNCIL RESOLUTION NO. 2006-011) JOINT RESOLUTION OF THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA WAIVING THE FORMAL CONSULTANT SELECTION PROCESS AND APPROVING THE FIRST AMENDMENT TO THE AGREEMENT WITH ECONOMIC & PLANNING SYSTEMS; AUTHORIZING THE MAYOR TO EXECUTE THE AMENDMENT; AND APPROPRIATING FUNDS THEREFOR WHEREAS, The City of Chula Vista is entering a critical time period in which the City Council will consider many interrelated financial decisions affecting Western Chula Vista; and WHEREAS, consideration of these financial decisions will require comprehensive financial analysis and development of key strategic positions; and WHEREAS, the City departments that are managing key projects relating to the revitalization of Western Chula Vista are using different consulting firms, each with a particular and critical expertise; and WHEREAS, staff anticipates that the creation of a fiscal economic consultant team, utilizing these consultants, will be vital to providing the City and the Redevelopment Agency comprehensive support and expertise in real estate economics, pro forma and fiscal impact analyses and redevelopment matters relating to the revitalization of the City's Westside; and WHEREAS, the consulting firm of Economic & Planning Systems (EPS) is currently providing financial consulting services related to the City's Bayfront Master Plan (CVBMP), has committed the same project team to perform additional work, and has submitted a proposal to provide expertise in real estate economics, fiscal analyses, and comprehensive public/private financing strategies for development projects in Western Chula Vista; and WHEREAS, EPS was selected to conduct work on the City's Urban Core Specific Plan as the result of a competitive bid process, has performed satisfactorily, has experience with the CVBMP, and has unique qualifications to provide continuity in administration of economic programs in Western Chula Vista; and WHEREAS. staff recommends EPS serve as a consultant on economic and financial issues related to the Western Chula Vista; and Resolution No. 2006-1932 Page 2 WHEREAS, on June 28, 2005, EPS entered into an agreement with the Redevelopment Agency of the City ofChula Vista (Original Agreement); and WHEREAS, staff is proposing the approval of a first amendment to the Original Agreement expanding EPS' scope of work consistent with this Resolution and, increasing the Original Agreement with EPS from $44,480 to $89,480; and WHEREAS, staff recommends Council waive the formal consultant selection process of Municipal Code Section 2.56.110 as impractical as EPS' anticipated scope of work would be a natural extension of its previous and on-going work for the City, making it impractical to solicit formal proposals; and WHEREAS, staff further recommends that the City's interests would be materially better served by waiving the formal consultant selection process because of EPS' experience and expertise with fiscal and economic programs and knowledge of the types of private ventures envisioned by the City for Western Chula Vista. NOW, THEREFORE, BE IT RESOLVED that the City Council and Redevelopment Agency of the City of Chula Vista hereby approve the First Amendment to the Original Agreement with Economic & Planning Systems to serve as financial and economic advisors. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized to execute said First Amendment to the Original Agreement on behalf of the City and Agency. BE IT FURTHER RESOLVED that the City Council and Redevelopment Agency of the City of Chula Vista hereby approve the appropriation of funds requested by staff, as set forth in this resolution. Presented by Approved as to form by ~)(~~~~ Ann Moore City Attorney/Agency Counsel Resolution No. 2006-1932 Page 3 PASSED, APPROVED, and ADOPTED by the Redevelopmen\ Agency and the City Council of the City of Chula Vista, California, this 10th day of January 2006, by the follomng vote: AYES: Agency/Councilmembers: Castaneda, Chavez, McCann, Rindone, and Padilla NAYS: Agency/Councilmembers: None ABSENT: Agency/Councilmembers: None ~fJrf);{iiL Stephen C. Padilla, Chair/Mayor ATTEST: W~~C If( p Dana M. Smith, Secretary STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ) ) ) I, Dana M. Smith, Secretary of the Redevelopment Agency of the City of Chula Vista, California, do hereby certify that the foregoing Redevelopment Agency Resolution No. 2006- I932/City Council Resolution No. 2006-011 was duly passed, approved, and adopted b~ the Redevelopment Agency and Chula Vista City Council at a special meeting held on the lOt day of January 2006. Executed this lOth day of January 2006. c;1f~ U( -/-4 Dana M. Smith, Secretary