HomeMy WebLinkAboutCVRC Reso 2007-014
CVRC RESOLUTION NO. 2007-014
RESOLUTION OF THE CHULA VISTA REDEVELOPMENT
CORPORATION APPROVING A SECOND AMENDMENT TO
EXCLUSIVE NEGOTIATING AGREEMENT WITH
INTERGULF-MAR (PARK) LLC FOR DEVELOPMENT OF
THE THIRD A VENUE AND G STREET 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 July 26, 2005, the Redevelopment Agency and the Developer entered
into an Exclusive Negotiating Agreement (ENA); and
WHEREAS, on May 11, 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 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 mixed-use project, known as Third
Avenue and G Street Northwest in the Town Centre I Redevelopment Project Area, consisting of
two parcels located along the western side of Third Avenue, between G Street and Park Way
(Assessor's Parcel Number 568-300-46 and 568-300-15) and totaling approximately 41,097
square feet in area; and
WHEREAS, the Developer has III 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 Second
Amendment to the ENA with Developer for the proposed development site; and
CVRC Resolution No. 2007-014
Page 2
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.
NOW, THEREFORE, BE IT RESOLVED that the CVRC does hereby approve the
Second Amendment to the ENA with the Developer for potential development of a real estate
project located at Third A venue and G Street Northwest and authorizes the Chair to execute said
Amendment.
Approved as to form by
Ann Hix
Acting Community Development Director
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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:
Directors:
Ramirez
ABSENT:
Directors:
Castaneda
ATTEST:
0~\.lLA VIIS'
Ann Hix, Secretary ;: I~ *
STATE OF CALIFORNIA) ~ \,06/15/2005 J g
COUNTY OF SAN DIEGO) ~ '/. "
CITY OF CHULA VISTA) <: o"...__~cP ~
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I, Ann Hix, Secretary of the Chula Vista Redevelopme~.s ~(( e City of Chula Vista,
California, do hereby certifY that the foregoing CVRC n No. 2007-014 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.
Executed this 26th day of April 2007.
L/)~
Ann Hix, Secretary