HomeMy WebLinkAboutReso 2006-136
RESOLUTION NO. 2006-136
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA WAIVING THE FORMAL CONSULTANT
SELECTION PROCESS AND APPROVING THE FIRST
AMENDMENT TO AN AGREEMENT BETWEEN THE CITY OF
CHULA VISTA AND TRC REAL EST A TE ADVISORS DBA
SULLIV AN GROUP REAL EST A TE ADVISORS FOR MARKET
ABSORPTION SERVICES FOR THE FORMATION OF
COMMUNITY FACILITIES DISTRICTS WITHIN THE CITY OF
CHULA VISTA PURSUANT TO MELLO-ROOS COMMUNITY
F ACILIES ACT OF 1982
WHEREAS, on August 2004, the Council waived the consultant selection process and the
Meyers Group was hired to perform market absorption services for all future Community Facilities
Districts (CFDs) in the City pursuant to Resolution 2004-281; and
WHEREAS, based on the desire to have continuity within the financing team, and the lack
of project specific experience within The Meyers Group; the City terminated the agreement with the
Meyers Group on April 12, 2005; and
WHEREAS, the City Purchasing Agent on June 23, 2005 approved the Agreement "Original
Agreement" with TRC Real Estate Advisors DBA Sullivan Group Real Estate Advisors
(Consultant) for Market Absorption Services for the Formation of Maintenance Community
Facilities Districts for two CFDs: Otay Ranch Village 11 Second Bond Sale & San Miguel Ranch
Second Bond Sale totaling $30,000; and
WHEREAS, staff recommends that the City's consultant selection process for the market
absorption services be waived in the interest of providing continuity within the financing team; and
WHEREAS, the City desire to retain the Consultant to complete the Market Absorption
Services for the Formation of Community Facilities Districts for two additional CFDs: Otay Ranch
Village 7 (Otay Ranch Company) and Otay Ranch Village 7 (McMillin Company); and
WHEREAS, the Consultant was selected based on the quality of expertise, experience, and
previous similar work performed in association with the City's formation of CFDs in other parts of
Eastern Chula Vista.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista
waives the consultant selection process and approves the First Amendment to the Agreement with
TRC Real Estate Advisors DBA Sullivan Group Real Estate Advisors for Market Absorption
Services for the Formation of Community Facilities Districts within the City Of Chula Vista
pursuant to the Mello-Roos Community Facilities Act of 1982, a copy of which shall be kept on file
in the Office of the City Clerk.
Resolution No. 2006-136
Page 2
BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is authorized to
execute the First Amendment to the Agreement with TRC Real Estate Advisors DBA Sullivan
Group Real Estate Advisors for Market Absorption Services for the Formation of Community
Facilities Districts within the City Of Chula Vista pursuant to the Mello-Roos Community Facilities
Act of 1982 on behalf of the City of Chula Vista.
Presented by
Approved as to form by
~ .:pM0)t~
Leah Browder
Acting Engineering Director
~\~ :\~~~\CH~~
Ann Moore
City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 9th day of May 2006 by the following vote:
AYES:
Councilmembers:
Castaneda, Chavez, McCann, Rindone, and Padilla
NAYS:
Councilmembers:
None
ABSENT:
Councilmembers:
4/-.J' C?~'{L
Stephen C. Padilla, Mayor
ATTEST:
~u b-AI-~a)fr/ ~
Susan Bigelow, MMC, City rk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2006-136 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 9th day of May 2006.
Executed this 9th day of May 2006.
-~11L../~), ~
Susan Bigelow, MMC, City rk