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HomeMy WebLinkAboutRDA Reso 2005-1917 RDA RESOLUTION NO. 2005-1917 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING AN EXCLUSIVE NEGOTIA TING AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY AND DOUGLAS WILSON COMPANIES REGARDING THE REDEVELOPMENT OF THE LANDIS AVENUE NORTH SITE 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, Douglas Wilson Company (Developer) is interested in developing a project at the northeast corner of Landis Avenue and Davidson Street (Property), located in the Agency's Town Centre I Redevelopment Project Area; and WHEREAS, the Redevelopment Agency has ownership of Property and issued a Request for Qualifications to develop 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, Developer has acknowledged that the City is processing a General Plan Update and an Urban Core Specific Plan and that the processing and/or adoption ofthese plans is not a consideration in their proceeding with their development at this time; and WHEREAS, it is in the interest of the Agency and Developer for the Agency to execute and enter into an ENA with Developer for the proposed development site based on Developer's qualifications; and WHEREAS, the ENA also retains Agency sole discretion for future actions necessary to process any project and does not commit the Agency to the approval of or financial participation in the project; 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. RDA Resolution No. 2005-1917 Page 2 NOW THEREFORE BE IT RESOLVED that the Redevelopment Agency of the City of Chula Vista does hereby approve the Exclusive Negotiating Agreement with Douglas Wilson Company for potential development of a real estate project located at Landis Avenue North and authorizes the Chair to execute said Agreement. Presented by Approved as to form by ---.J C~^' '~~~ Ann Moore Agency Counsel A. Madigan . ty Development Director PASSED, APPROVED, and ADOPTED by the Redevelopment Agency of the City of Chula Vista, California, this 26th day of July 2005, by the following vote: AYES: Agency Members: Castaneda, Davis McCann, Rindone, and Padilla NA YES: Agency Members: None ABSENT: Agency Members: None ABSTAIN: Agency Members: ATTEST: STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Laurie A. Madigan, Secretary of the Chula Vista Redevelopment Agency, do hereby certify that the foregoing Resolution No. 2005-1917 was duly passed, approved, and adopted by the Redevelopment Agency at a regular meeting held on the 26th day of July 2005. Executed this 26th day of July 2005.