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HomeMy WebLinkAboutCVRC Reso 2007-011 CVRC RESOLUTION NO. 2007-011 RESOLUTION OF THE CHULA VISTA REDEVELOPMENT CORPORATION APPROVING A SECOND AMENDMENT TO EXCLUSIVE NEGOTIATING AGREEMENT WITH AVION DEVELOPMENT LLC FOR DEVELOPMENT OF THE THIRD AVENUE AND E STREET SOUTHEAST SITE WHEREAS, it is the role and responsibility of the Chula Vista Redevelopment Corporation (CVRC) 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, on July 26, 2005, the Redevelopment Agency and Avion Development LLC (Developer) entered into an Exclusive Negotiating Agreement (ENA); and WHEREAS, on May II, 2006, Section 2A of the ENA was amended by the CVRC to extend the initial negotiation period (Initial Negotiation Period) of the ENA to March 7, 2007; and WHEREAS, Section 2B of the ENA authorizes the 'Executive Director, in his or her sole discretion, to provide a written administrative extension ofthe Agreement; and WHEREAS, on March 5, 2007, a 90-day written, administrative extension (Extended Negotiation Period) was proposed by the Executive Director and agreed to by the Developer, establishing an Extended Negotiation Period from March 7, 2007 to June 5, 2007; and WHEREAS, the ENA relates to development of a mixed-use project known as Third Avenue and E Street Southeast in the Town Centre I Redevelopment Project Area, consisting of one parcel located along the eastern side of Third Avenue at E Street (Assessor's Parcel Number 568-071-01) and totaling approximately 11,454 square feet in area; and WHEREAS, the Developer has in good faith completed significant predevelopment tasks; and WHEREAS, the Developer desires to continue to work cooperatively with the CVRC in the design development of the mixed-use project; and WHEREAS, it is in the interest of the CVRC to execute and enter into a Second Amendment to the ENA with Developer for the proposed development site; and WHEREAS, approval of the Second Amendment to the ENA is exempt from the California Environmental Quality Act (CEQA) pursuant to Section 15061(b)(3) of the State CEQA Guidelines; and CVRC Resolution No. 2007-011 Page 2 NOW THEREFORE BE IT RESOLVED that the CVRC does hereby approve the Second Amendment to the Exclusive Negotiating Agreement with Avion Development LLC for potential development of a real estate project located at Third A venue and E Street Southeast and authorizes the Chair to execute said Amendment. Approved as to form by Ann Hix Acting Community Development Director -&m'~\\~~\I~\\. Ann Moore General Counsel PASSED, APPROVED, and ADOPTED by the Chula Vista Redevelopment Corporation ofthe City ofChula Vista, California, this 26th day of April 2007, by the following vote: AYES: Directors: Desrochers, Lewis, McCann, Paul, Rindone, Rooney, and Cox NAYS: Directors: Ramirez ABSENT: Directors: Castaneda Che~~rson ATTEST: STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA) r:2 Ann Hix, Executed this 26th day of April 2007. ~a Ann Hix, Secretary