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HomeMy WebLinkAboutcc min 2002/05/14 RDA & PFA MINUTES OF ADJOURNED REGULAR MEETINGS OF THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY AND A SPECIAL MEETING OF THE PUBLIC FINANCING AUTHORITY OF THE CITY OF CHULA VISTA May 14, 2002 6:00 P.M. Adjourned Regular Meetings of the City Council and Redevelopment Agency and a Special Meeting of the Public Financing Authority of the City of Chula Vista were called to order at 9:16 p.m. in thc Council Chambers, located in the Public Services Building, 276 Fourth Avenue, Chula Vista, California. ROLL CALL PRESENT: Agency/Authority/Councilmembers Davis, Padilla, Rindone, Salas, and Chair/Mayor Horton ABSENT: Agency/Authority/Councilmembers: None ALSO PRESENT: Executive Director/City Manager Rowlands, Agency/Authority/ City Attorney Kaheny, City Clerk Bigelow ORAL COMMUNICATIONS There were none. ACTION ITEMS 1. RESOLUTION NO. 2002-161, RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE GUARANTEED MAXIMUM PRICE (GMP) OF $51,710,422 FOR THE CONSTRUCTION OF THE POLICE FACILITY BY HIGHLAND PARTNERSHIP, INC. (HPI) On November 20, 2001, by Resolution 2001-399, the Council approved an agreement with Highland Partnership, Inc. (HPI) for services required to design and construct the new police facility and related improvements. As a condition of that agreement, HPI was to prepare a guaranteed maximum price (GMP) for the successful completion of the police facility as soon as construction documents were 50% completed. With the 50% completion of construction documents being accomplished in April, HPI presented the GMP to staff for review on May 1, 2002. City staffreviewed the $51,710,422 GMP and believes it to be an accurate evaluation of the cost to complete the police facility. (Director of [luilding and Park Construction) ACTION: Deputy Mayor Padilla offered Resolution No. 2002-161, heading read, text waived. The motion carried 5-0. 2. A. RESOLUTION NO. 2002-162, RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE EXECUTION AND DELIVERY OF DOCUMENTS RELATING TO THE SALE AND DELIVERY OF NOT TO EXCEED $62,000,000 2002 CERTIFICATES OF PARTICIPATION, (POLICE FACILITY PROJECT), APPROPRIATING $44,734,190 TO THE POLICE HEADQUARTERS PROJECT (PS149) AND $5,205,000 AS REIMBURSEMENT TO THE GENERAL FUND FOR MONIES PREVIOUSLY SPENT ON THE PROJECT BASED ON ANTICIPATED PROCEEDS FROM THE SALE OF THE CERTIFICATES OF PARTICIPATION, AND AUTHORIZING AND DIRECTING CERTAIN ACTIONS IN CONNECTION THEREWITH B. RESOLUTION NO. 2002-5, RESOLUTION OF THE BOARD OF DIRECTORS OF THE CHULA VISTA PUBLIC FINANCING AUTHORITY APPROVING A LEASE/PURCHASE AGREEMENT WITH THE CITY OF CHULA VISTA AND CERTAIN OTHER DOCUMENTS IN CONNECTION WITH THE EXECUTION AND DELIVERY OF THE 2002 CERTIFICATES OF PARTICIPATION, (POLICE FACILITY PROJECT) IN A PRINCIPAL AMOUNT NOT TO EXCEED $62,000,000 The Council previously approved a capital project to acquire property and to construct a new police headquarters facility and directed staff to remm with recommended long-term financing. For the portion of the project that will not be funded with existing resources, staff recommends approval of long-term borrowing by issuing Certificates of Participation in an amount not to exceed $62,000,000. (Assistant City Manager Powell) ACTION: Agency/Authority/Councilmember Davis offered Council Resolution No. 2002- 162 and Public Financing Authority Resolution No. 2002-5, headings read, texts waived. The motion carried 5-0. OTHER BUSINESS 3. DIRECTOR'S REPORTS There were none. 4. CHAIR/MAYOR REPORTS There were none. 5. AGENCY/COUNCIL COMMENTS There were none. CLOSED SESSION 6. CONFERENCE WITH LEGAL COUNSEL REGARDING EXISTING LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(a) Tuchscher vs. City of Chula Vista, Superior Court, County of San Diego, San Diego Judicial District, Court Case No. GIC758620 This item was not discussed. Page 2 Council/RDA/PFA Minutes 05/14/2002 CLOSED SESSION (Continued) 7. CONFERENCE WITH LEGAL COUNSEL REGARDING ANTICIPATED LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956.0(b) One Case This item was not discussed. ADJOURNMENT At 9:40 p.m., Chair/Mayor Horton adjourned the meeting to an Adjourned Regular Meeting of the Redevelopment Agency on May 28, 2002, at 6:00 p.m., immediately following the City Council meeting. Susan Bigelow, CMC/AAE, City Clerk Page 3 Council/RDA/PFA Minutes 05/14/2002