HomeMy WebLinkAboutCVRC Reso 2006-035
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CVRC RESOLUTION NO 2006-035
RESOLUTION OF THE CHULA VISTA REDEVELOPMENT
CORPORATION APPROVING AN AMENDMENT TO
EXCLUSIVE NEGOTIATING AGREEMENT WITH
CITYMARK DEVELOPMENT LLC FOR DEVELOPMENT OF'
THE LANDIS AVENUE SOUTHEAST 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, the Redevelopment Agency entered into an ENA with CityMark
Development LLC ("Developer") on July 26, 2005, 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, the Exclusive Negotiating Agreement ("ENA") recognizes that all
obligations of the Agency were automatically assigned to the CVRC upon it becoming
operational, and
WHEREAS, Section 2.A of the ENA outlined an initial negotiation period ("Initial
Negotiation Period") between the Agency and Developer of 300 days, ending on May 23, 2006,
and
WHEREAS, on May 22, 2006, the Executive Director of the Redevelopment Agency, in
accordance with Section 2.B of the ENA, provided a 90-day written extension of the ENA to the
Developer and, on May 23, 2006, received written concurrence from the Developer of the
extension; and
WHEREAS, Developer desires to continue to work cooperatively with the CVRC in the
development of a project at the southeast site of Landis Avenue and Davidson Street
("Property"), located in the Agency's Town Centre I Redevelopment Project Area; and
WHEREAS, it is in the interest of the Chula Vista Redevelopment Agency and the City
of Chula Vista for the ChuIa Vista Redevelopment Corporation to execute and enter into a First
Amendment to the ENA with Developer for the proposed development site based on Developer's
qualifications; and
WHEREAS, approval of the First Amendment to the ENA is exempt from the California
Environmental Quality Act ("CEQA") pursuant to Section 15061(b)(3) of the State CEQA
Guidelines.
NOW THEREFORE BE IT RESOLVED that the Chula Vista Redevelopment
Corporation does hereby approve the First Amendment to the Exclusive Negotiating Agreement
with CityMark Development LLC for potential development of a real estate project located at
Landis A venue and Davidson Street Southeast and authorizes the Chair to execute said
Agreement.
CVRC Resolution No. 2006-035
Page 2
Presented by:
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Approved as to form by
Acting Community Development Director
PASSED, APPROVED, and ADOPTED by the Chula Vista Redevelopment Corporation
of the City of Chula Vista, this lOth day of August 2006, by the following vote:
AYES: Directors:
Castaneda, Chavez, Desrochers, Paul, and Rindone
NAYS. Directors:
None
ABSENT Directors:
Lewis, McCann, Padilla
ABSTAIN: Directors:
Rooney
ATTEST
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Dana M. Smith, Secretary
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STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
Executed this 10th day of August 2006.
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Dana M. Smith, Secretary
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