HomeMy WebLinkAboutCVRC Reso 2006-018
CVRC RESOLUTION NO. 2006-018
RESOLUTION OF THE CHULA VISTA REDEVELOPMENT
CORPORATION APPROVING AN EXCLUSIVE NEGOTIATING
AGREEMENT WITH LENNAR HOMES OF CALIFORNIA, INC.
AND INTERGULF DEVELOPMENT GROUP FOR
DEVELOPMENT OF THE PROPERTY KNOWN AS THE E
STREET TRANSIT VILLAGE
WHEREAS, it is the role and responsibility of the Redevelopment Agency of the City of
Chula Vista ("Agency") to promote economic vitality, create market confidence, encourage
environmental health and remediation, create public benefits and amenities, and facilitate the
development, reconstruction, and rehabilitation of residential, commercial, industrial, and retail
uses; and
WHEREAS, an Exclusive Negotiating Agreement ("ENA") is an important
redevelopment tool to the Agency to establish a legal and contractual framework for negotiations
and provide a defined timeline for completion of predevelopment activities with a developer
about a potential redevelopment project; and
WHEREAS, Leonar Homes of California, Inc. and Intergulf Development Group and
("Developer") is interested in developing a project at 707 F Street, known as the E Street Transit
Village ("Property"), located in the Agency's Town Centre II Redevelopment Project Area; and
WHEREAS, the Redevelopment Agency has ownership of Property and issued a Request
for Qualifications to develop Property in accordance with all applicable plans and policies of the
City of Chula Vista and the Redevelopment Agency; and;
WHEREAS, staff has determined that Developer is qualified to design and develop a
high quality project at the proposed development site that is consistent with the goals of the
Agency's adopted Redevelopment Plan for the Town Centre II Redevelopment Project Area; and
WHEREAS, the Chula Vista Redevelopment Corporation ("CVRC") became a legal
entity on June 15,2005, and became operational on February 23,2006; and
WHEREAS, all obligations of the Agency were automatically assigned to the CVRC
upon it becoming operational; and
WHEREAS, it is in the interest of the Chula Vista Redevelopment Agency and the City
of Chula Vista for the Chula Vista Redevelopment Corporation to execute and enter into an ENA
with Developer for the proposed development site based on Developer's qualifications; and
WHEREAS, approval of the ENA is exempt from the California Environmental Quality
Act ("CEQA") pursuant to Section 15061(b)(3) of the State CEQA Guidelines; and
CVRC Resolution No. 2006-018
Page 2
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WHEREAS, state law and locally-adopted owner participation rules provide for the
extension of owner participation rights to all property owners who would be affected by the
proposed development; and
WHEREAS, no owner participation process is required as the Property is owned by
Developer or Agency.
NOW THEREFORE BE IT RESOLVED that the Chula Vista Redevelopment
Corporation does hereby approve the Exclusive Negotiating Agreement with Lennar Homes of
California, Inc. and Intergulf Development Group for potential development of a real estate
project known as the E Street Transit Village and authorizes the Chair to execute said
Agreement.
Presented by:
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Dana M. Smith
Assistant City Manager/
Director of Community Development
Approved as to form by
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Ann ore
General Counsel
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CVRC Resolution No. 2006-018
Page 3
PASSED, APPROVED, and ADOPTED by the Chula Vista Redevelopment Corporation
of the City ofChula Vista, this 11th day of May 2006, by the following vote:
AYES:
Directors: Castaneda, Chavez, Desrochers, Lewis, McCann, Paul,
Rindone, Rooney
NAYS:
Directors: None
ABSENT:
Directors: Padilla
ABSTAINED: Directors: None
U~LL
Stephen C. Padilla, Chair
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
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ATTEST:
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Dana M. Smith, Secretary
I, Dana M. Smith, Secretary of the Chula Vista Redevelopment Corporation of the City ofChula
Vista, California, do hereby certify that the foregoing CVRC Resolution No. 2006-018 was duly
passed, approved, and adopted by the Chula Vista Redevelopment Corporation at a regular
meeting of the Chula Vista Redevelopment Corporation held on the 11 th day of May 2006.
Executed this 11 th day of May 2006.
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Dana M. Smith, Sec etary