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HomeMy WebLinkAboutCVRC Reso 2007-013 CVRC RESOLUTION NO. 2007-013 RESOLUTION OF THE CHULA VISTA REDEVELOPMENT CORPORATION APPROVING A FIRST AMENDMENT TO EXCLUSIVE NEGOTIATING AGREEMENT WITH PUBLIC, A CALIFORNIA GENERAL PARTNERSHIP, FOR DEVELOPMENT OF THE CHURCH AND MADRONA NORTHWEST 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 May 11, 2006, the CVRC and the Developer entered into an Exclusive Negotiating Agreement (ENA); and WHEREAS, Section 2A of the ENA outlines an initial negotiatIOn period (Initial Negotiation Period) between the CVRC and Developer of 300 days. This Initial Negotiation Period expired on March 7, 2007; and WHEREAS, Section 2B of the ENA authorizes the Executive Director, in his 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 residential project known as Church Avenue and Madrona Street Northwest in the Town Centre I Redevelopment Project Area. The subject property consists of two parcels located along the western side of Church A venue at Madrona Street (Assessor's Parcel Number 568-351-04-00 and 568-351-05-00) and totals approximately 8,795 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 mixed-use project; and WHEREAS, it is in the interest of the CVRC to execute and enter into a First Amendment to the ENA with Developer for the proposed development site; and CVRC Resolution No. 2007-013 Page 2 WHEREAS, approval of the First Amendment to the ENA is exempt from the California Environmental Quality Act (CEQA) pursuant to Section l5061(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 Public, a California General Partnership, for potential development of a real estate project known as Church and Madrona Northwest and authorizes the Chair to execute said Amendment. pre_~ fJ? Ann Hix Acting Community Development Director Approved as to form by ~'" ~\\~\'k\.l Ann Moore ' General Counsel PASSED, APPROVED, and ADOPTED by the Chula Vista Redevelopment Corporation of the 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: ABSENT: Directors: Ramirez Directors: Castaneda ;: C~VRC ~ ~ 06/15/2005 E q 000 ff O,o4fEN CO~ I, Ann Hix, Secretary of the Chula Vista Redevelopment . e City ofChula Vista, California, do hereby certify that the foregoing CVRC Reso u IOn No. 2007-013 was duly passed, approved, and adopted by the Chula Vista Redevelopment Corporation at a regular meeting ofthe Chula Vista Redevelopment Corporation held on the 26th day of April 2007. t:wfJ? STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ) ) ) AITEST~ /}k Ann Hix, Secretary Executed this 26th day of April 2007. Ann Hix, Secretary