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HomeMy WebLinkAboutCVRC Reso 2006-020 CVRC RESOLUTION NO. 2006-020 RESOLUTION OF THE CHULA VISTA REDEVELOPMENT CORPORATION APPROVING AN EXCLUSIVE NEGOTIATING AGREEMENT WITH DOUGLAS WILSON COMPANIES FOR DEVELOPMENT OF THE CHURCH STREET AND DAVIDSON STREET WEST SITES 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 time line for completion of predevelopment activities with a developer about a potential redevelopment project; and WHEREAS, Douglas Wilson Company ("Developer") is interested in developing a project at the west comers of Church Street and Davidson Street ("Property"), located in the Agency's Town Centre I Redevelopment Project Area; and WHEREAS, the Redevelopment Agency has ownership of the Property 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 I 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 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 CVRC Resolution No. 2006-020 Page 2 ~" WHEREAS, no owner participation process is required as the Property is owned by the Agency. NOW THEREFORE BE IT RESOLVED that the Chula Vista Redevelopment Corporation does hereby approve the Exclusive Negotiating Agreement with Douglas Wilson Company for potential development of a real estate project located at Church Street and Davidson Street West and authorizes the Chair to execute said Agreement. Presented by: ~t4.' ~ Dana M. Smith Assistant City Manager/ Director of Community Development Approved as to form by r!J.~~1 Vrr /idL Ann oore G eral Counsel - - CVRC Resolution No. 2006-020 Page 3 PASSED, APPROVED, and ADOPTED by the Chula Vista Redevelopment Corporation of the City of Chula Vista, this 11 th 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 dbr9J1>e Stephen C. Padilla, Chair STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ) ) ) ATTEST: g~4~ Dana M. Smith, Secretary I, Dana M. Smith, Secretary of the Chula Vista Redevelopment Corporation of the City of Chula Vista, California, do hereby certify that the foregoing CVRC Resolution No. 2006-020 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. ~u(.p Dana M. Smith, Secretary