Loading...
HomeMy WebLinkAboutCVRC Reso 2007-012 CVRC RESOLUTION NO. 2007-012 RESOLUTION OF THE CHULA VISTA REDEVELOPMENT CORPORATION APPROVING A FIRST AMENDMENT TO EXCLUSIVE NEGOTIATING AGREEMENT WITH DOUGLAS WILSON COMPANIES FOR DEVELOPMENT OF THE CHURCH STREET AND DAVIDSON STREET WEST SITES WHEREAS, it is the role and responsibility of the Chula Vista Redevelopment Corporation (CVRe) 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 May 11, 2006, the CVRC entered into an Exclusive Negotiating Agreement (ENA) with Developer; and WHEREAS, Section 2.A of the ENA outlines an initial negotiation period (Initial Negotiation Period) between the Agency and Developer of 300 days. This Initial Negotiation Period expired on March 7, 2007; and WHEREAS, Section 2.B of the ENA authorizes the Executive Director, in his or her sole discretion, to provide a written administrative extension of the 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 residential project known as Church Avenue and Davidson Street West in the Town Centre I Redevelopment Project Area, consisting of three parcels located along the western side of Church Avenue at Davidson Street (Assessor's Parcel Numbers 568-071-19-00, 568-071-18-00 and 568-161-25-00) and totaling approximately 25,538 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 a residential project; and WHEREAS, it is in the interest of the CVRC to execute and enter into an ENA with Developer for the proposed development site; and CVRC resolution No. 2007-0]2 Page 2 WHEREAS, approval of the First Amendment to ENA is exempt from the California Environmental Quality Act (CEQA) pursuant to Section ]506](b)(3) of the State CEQA Guidelines. NOW, THEREFORE, BE IT RESOLVED that the CVRC does hereby approve the First Amendment to the Exclusive Negotiating Agreement with Douglas Wilson Company for potential development of a real estate project located at Church Street and Davidson Street West and authorizes the Chair to execute said Agreement. '.""""00 t: I/k Approved as to form by Ann Hix Acting Community Development Director =~\J'(""\\ ~f~\\ Ann Moore . General Counsel PASSED, APPROVED, and ADOPTED by the Chula Vista Redeve]opment Corporation of the City of Chu]a Vista, California, this 26th day of April 2007, by the following vote: AYES: Directors: Desrochers, Lewis, McCann, Paul, Rindone, Rooney, and Cox NAYS: ABSENT: Directors: Ramirez Directors: Castaneda Cheryl~SOn ATTE'T~ ~ Ann Hi., '~""'Y ~ .'V\~ * I C\l~RC ~ ~ g 06/1 S;20(J5 g ~\ ~ ~ 0000 ~C5 I, Ann Hix, Secretary of the Chu]a Vista Redevelopment . m of Chula Vista, California, do hereby certifY that the foregoing CVRC' 007-0]2 was duly passed, approved, and adopted by the Chula Vista Redevelop orporation at a regular meeting of the Chula Vista Redevelopment Corporation held on the 26th day of April 2007. A""II0-~ STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ) ) ) Executed this 26th day of April 2007.