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HomeMy WebLinkAboutRDA Reso 1991-1172 RESOLUTION NO. 1172 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING SEMI- EXCLUSIVE NEGOTIATION AGREEMENT WITII PACIFIC SCENE INCORPORATED FOR COMMERCIAL SHOPPING CENTER AT SOUTH SIDE OF PALOMAR STREET BETWEEN INDUSTRIAL BOULEVARD AND BROADWAY; AUTHORIZING CHAIRMAN TO EXECUTE SAID AGREEMENT; AUTHORIZING EXECUTIVE DIRECTOR TO ENGAGE IN ACTIVITIES AND ENTER INTO CONTRACTS AS NECESSARY TO DEVELOP THE EXPANDED CENTER PLAN FOR AN AMOUNT NOT TO EXCEED $100,000; AND APPROPRIATING $250,000 THEREFOR THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA does hereby resolve as follows: NOW THEREFORE BE IT RESOLVED that The Redevelopment Agency of the City of Chula Vista does hereby approve the Semi-Exclusive Negotiation Agreement with Pacific Scene Incorporated for a commercial shopping center at the south side of Palomar Street between Industrial Boulevard and Broadway, attached hereto and incorporated herein as though fully set forth. '" BE IT FURTHER RESOLVED that the Chairman of The Redevelopment Agency is authorized to execute said agreement. BE IT FURTHER RESOLVED that the Executive Director of The Redevelopment Agency is authorized to engage in activities and enter into contracts as necessary to develop an expanded center plan as called for in said agreement for an amount not-to-exceed $100,000, said activities and contracts to potentially include, but not be limited to: 1. Extending owner participation rights to the extent required and permitted by law. 2. Negotiate a Disposition and Development Agreement or an Owner Participation Agreement. 3. Hire appraisers and obtain appraisals. 4. Extend good faith offers to acquire, contingent upon Council/Agency approval of the expanded center plan. -0.( /I;;cu:; '01 Dol.? U.\iI1.~ VIi A.Jo ff) 01 - j ') Ds 5. Retain such consultants and attorneys as staff finds is necessary and obtain expertise as staff determines is necessary. 6. Obtain entry necessary to conduct on-site studies, and, if necessary, to obtain court orders for entry. 7. Conduct such environmental studies as is necessary to comply with State and Federal law and as will permit the Council to.evaluate the environmental consequences. 8. Sponsor any City and/or State permitting procedures as may be necessary to comply with law, including zoning permits as may be necessary. BE IT FURTHER RESOLVED that unappropriated reserves of Bayfront/Town Centre I Project Area in the amount of $250,000 are hereby loaned to the Southwest Redevelopment Project Area and appropriated to the Trolley Center Project account. Presented by: ( / J / ( ~ [YOJL! J /a.uJ u-1.A-k- ~ Chris Salomone l Connunity Development Director Approved as to form by: 7l . I'r~ I ~ i :' J vL".-L v 11 {/';'/C;, Bruce M. BoogaardU ' , City Attorney [c:\ WP51\AGENCY\PACIFIC.RESj IL</5.0 I 11 ~ Resolution No. 1172 ADOPTED AND APPROVED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, tbis 4th day of June 1991, by the following vote, to-wit: AYES: Members Malcolm, Moore, Rindolle, Nader NOES: None ABSENT: None ABSTENTIONS: None ATTEST: CL ~!j 0" ~'-~ Chns Salomone Executive Secretary STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO) ss: CITY OF CHULA VISTA ) ~~ Chairman Pro Tempore I, Chris Salomone, Executive Secretary to the Redevelopment Agency of the City of Chula Vista, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. 1172 and that the same has not been amended or repealed. Dated: Chris Salomone Executive Secretary