HomeMy WebLinkAboutRDA Reso 2005-1919
RDA RESOLUTION NO. 2005-1919
RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF CHULA VISTA APPROVING AN EXCLUSIVE
NEGOTIATING AGREEMENT BETWEEN THE
REDEVELOPMENT AGENCY AND CITYMARK
DEVELOPMENT LLC REGARDING THE REDEVELOPMENT
OF THE THIRD A VENUE AND E STREET NORTHEAST 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, CityMark Development LLC (Developer) is interested in developing a
proj ect at the northeast comer of Third A venue and E Street (Property), located in the Agency's
Merged Redevelopment Project Area; and
site;
WHEREAS, the Developer has submitted an unsolicited proposal for development of the
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 Merged 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 the 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 l5061(b)(3) of the State CEQA Guidelines; and
RDA Resolution No. 2005-1919
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 CityMark
Development LLC for potential development of a real estate project located at the northeast
comer of Third Avenue and E Street and authorizes the Chair to execute said Agreement.
Presented by
Approved as to form by
. Madigan
ity Development Director
CA- ~A~~
Ann Moore
Agency Counsel
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
NAYES:
Agency Members:
None
ABSENT:
Agency Members:
None
ABSTAIN:
Agency Members:
;;;U~c2Lb-
Stephen C. Padilla, Chairman
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. 2005-1919 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.