HomeMy WebLinkAboutRDA Reso 2005-1921
RDA RESOLUTION NO. 2005-1921
RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF CHULA VISTA APPROVING AN EXCLUSIVE
NEGOTIATING AGREEMENT BETWEEN THE
REDEVELOPMENT AGENCY AND INTERGULF-MAR
(PARK) LLC REGARDING THE REDEVELOPMENT OF THE
THIRD A VENUE AND G STREET NORTHWEST 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, Intergulf-Mar (Park) LLC (Developer) is interested in developing a project
at the northwest comer of Third Avenue and G Street (Property), located in the Agency's Town
Centre I Redevelopment Project Area; and
WHEREAS, the Developer has submitted an unsolicited proposal for development of the
site; 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 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 of these plans is
not a consideration in their proceeding with their development at this time; and
WHEREAS, it is in the interest of the Developer and 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; and
Resolution No. 2005-1921
Page 2
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 the
Developer.
NOW THEREFORE BE IT RESOLVED that the Redevelopment Agency of the City of
Chula Vista does hereby approve the Exclusive Negotiating Agreement with Intergulf-Mar
(Park) LLC for potential development of a real estate project located at the northwest comer of
Third A venue and G Street and authorizes the Chair to execute said Agreement.
Presented by
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Approved as to form by
CJ\ ~~~
Ann Moore
Agency Counsel
PASSED, APPROVEDfuand ADOPTED by the Redevelopment Agency of the City of
Chula Vista, California, this 26 day of July 2005, by the following vote:
AYES:
Agency Members:
Castaneda, Davis McCann, Rindone, and
Padilla
NAYES:
ABSENT:
ABSTAIN:
Agency Members:
Agency Members:
Agency Members:
None
None
~ JdJa-dL
Stephen ~adilla, Chairman
ATTEST:
J
STAT OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Laurie A. M~digan, Secretary of the Chula Vista Redevelopment Agency, do hereby certify
that the foregomg Resolution No. 2005-1921 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.