HomeMy WebLinkAbout2007/12/04 RDA Item 3
(HULA VISTA
REDEVELOPMENT
AGENCY
ACENDA STATEMENT
December 4, 2007
-
Item ~
ITEM TITLE:
JOINT RESOLUTION APPROVING A 90-DA Y EXTENSION OF
THE TERM OF THE PREVIOUSLY APPROVED LETTER OF
INTENT AND AMENDMENT NO.1 TO THE LETTER OF INTENT
BETWEEN THE CITY OF CHULA VISTA, THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA,
THE SAN DIEGO UNIFIED PORT DISTRICT AND GAYLORD
ENTERTAINMENT, AND AUTHORIZING THE CITY
MANAGERlEXECUTIVE DIRECTOR TO SIGN THE EXTENSION
AGREEMENT ON BEHALF OF THE CITY AND THE
REDEVELOPMENT AGENCY
DENNY STONE, ECON IC DEVE PMENT OFFICER \!3
CITY MANAGER
4/5THS VOTE: YES
NO
X
SUBMITTED BY:
REVIEWED BY:
BACKGROUND
In May 2007, the City Council and Redevelopment Agency approved Amendment No. I to extend the term
of the Letter of Intent between the City, the Redevelopment Agency, the San Diego Unified Port District
and Gaylord Entertainment until November 30, 2007. The approved Amendment also contemplated the
possibility of an additional 90-day extension beyond November 30, 2007 if mutually agreed by the parties.
ENVIRONMENTAL REVIEW
The Environmental Review Coordinator has previously reviewed the proposed amendment to the LOI
for compliance with the California Environmental Quality Act (CEQA) and has determined that the
activity is not a "Project" as defined under Section 15378 of the State CEQA Guidelines; therefore,
pursuant to Section 15060( c )(3) of the State CEQA Guidelines the activity is not subject to CEQA.
Thus, no environmental review is necessary.
RECOMMENDATION
Adopt the resolution approving the 90-day extension referenced in Amendment No. I to the LOI
between the City of Chula Vista, the Redevelopment Agency of the City of Chula Vista, the Unified
Port District of San Diego, and Gaylord Entertainment Company extending the term to February 28,
2008, and authorizing the City Manager/Executive Director to sign the agreement to extend the term for
90 days on behalf of the City and the Redevelopment Agency.
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December 4, 2007 Item :5
Page 2 of2
BOARDS/COMMISSION RECOMMENDA nON
Not Applicable
DISCUSSION
The purpose of this staff report is to seek authorization for a 90-day extension to the existing Letter of
Intent (L01) among the San Diego Unified Port District (Port), the City of Chula Vista, the City of
Chula Vista Redevelopment Agency, and Gaylord Entertainment Company (Gaylord) for the
construction of a major hotel, convention center, and retail space on the Chula Vista Bayfront as
contemplated in the approved Amendment No. I to the LOr.
No other changes to the L01 are being proposed.
The purpose of the L01 is to outline, in broad terms, key principles that are being used as the basis for
staff to negotiate agreements with Gaylord and the Port to implement participation in the development
of a conference center, resort hotel and other ancillary development on the Chula Vista Bayfront.
DECISION MAKER CONFLICT
Staff has reviewed the property holdings of the City Council and Redevelopment Agency Board
Members and has found a conflict, in that Council/Agency Board Member Castaneda has property
holdings within 500 feet of the boundaries of the property, which is the subject of this action.
FISCAL IMPACT
The Letter ofIntent establishes broad parameters and direction to staff to negotiate with the San Diego
Unified Port District and Gaylord Entertainment. There are no fiscal impacts associated with approval
of the Resolution extending the term of the LOI for an additional 90 days.
ATTACHMENTS
I. Agreement to Extend the Term of the Letter of Intent
2. Letter ofIntent Amendment No.1 approved May 15,2007
3. Letter ofIntent approved July 25, 2006
4. Addendum to Letter of Intent
Prepared by: Denny Stone, Economic Development OjJicer, City Manager's Office
3-2
THE ATTACHED AGREEMENT HAS BEEN REVIEWED
AND APPROVED AS TO FORM BY THE CITY
ATTORNEY'S OFFICE AND WILL BE
FORMALLY SIGNED UPON APPROVAL BY
THE CITY COUNCIL
'-8~A /~
Ann Moore
City Attorney
,'1--"
L,,'
Dated: J (( d..-I I (l -t
Agreement to Extend the Term
of the July 25, 2006
Four-Party Letter ofIntent
Until February 28, 2008
3-3
ATTACHMENT 1
AGREEMENT TO EXTEND THE TERM
OF THE JULY 25, 2006
FOUR-PARTY LETTER OF INTENT
UNTIL FEBRUARY 28, 2008
The Letter of Intent (LOI) by and among San Diego Unified Port District, City of
Chula Vista, Redevelopment Agency of the City of Chula Vista and Gaylord
Entertainment Company (collectively, Parties), dated July 25, 2006 and on file in
the Office of the District Clerk of the San Diego Unified Port District bearing
Document No. 50937, as amended, including the Addendum to the LOI, dated
November 30, 2006 and on file in the Office of the District Clerk of the San Diego
Unified Port District bearing Document No. 51239, expires on November 30,
2007. Pursuant to Amendment No.1 to the LOI, dated June 13, 2007 and on file
in the Office of the District Clerk of the San Diego Unified Port District bearing
Document No. 52055, the term may be extended for an additional ninety (90) day
period by mutual written agreement of the Parties.
By way of signature of this letter, the Parties to the LOI hereby mutually agree to
extend the term of the LOI for an additional ninety (90) days to February 28,
2008.
This letter may be signed in multiple parts, each of which shall be deemed to
constitute an original and all of which, taken together, shall constitute one and
the same instrument.
Document No. 268909
November 28,2007
LO! Extension Page I
Of'~' <" 'iloJ A~
. ~ 4~ O"i r't. .l \
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3-4
AGI'<EEMI=I~l TO EXTE'ND I.Oll[[~M
Approved as to
form:
, .' ~, !
.. I, ,;,. ".,'
By__.~...~~_i [' ?!!' L/ ~'~l.'j_.___.._,.
Ellen Corey Born'
Assistant Port Attorney
Approved as to
form:
By.
Ann Moore
City Attorney
City of Chula Vista
Approved as to
form:
By
Ann Moore
Agency Geneml Counsel
I'(edevelopment Agency of
the City of Cllula Vista
I )nCtlJ1lCllL No. 2Mi909
N,)\'clllbl.:r 28.2007
J.()I EXlellsillll Pll~C 2
3-5
SAN OIl=:GO UNIFIE:O I"or~l OISTt<lCT
BY~~._.__n______ ....___
I(aren J. Weymann
Acting Director, I'.eal Estate
CITY OF CHULA VISTA
By____u._.
David Garcia
City Manager
I'.EDEVELOPMENT AGENCY Of THI=
CITY 01= CHULA VISTA
BL_. ._
David Garcia
Executive Director
GAYLO ;:> I~N;rEIWR AINMEN I. COMF'ANY
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nature "J
I"RINT N/~fV1E _~~e,~[1wvok..
PI'(INT TITLE: :5 V p___
ATTACHMENT 2
AMENDMENT NO.1 TO
LETTER OF INTENT
BY AND AMONG SAN DIEGO UNIFIED PORT DISTRICT,
CITY OF CHULA VISTA, REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA,
AND GAYLORD ENTERTAINMENT COMPANY CONCERNING
BAYFRONT HOTEL, CONVENTION CENTER AND ANCILLARY
DEVELOPMENT
S8n Diego Unified Port ~dct
S;r;;vss
Document No.
Filed JUN f 3 ?Of17
Office of the District Clerk
RECITALS
WHEREAS, the San Diego Unified Port District ("Port District"), the City of
Chula Vista, California ("City"), and the Redevelopment Agency of the City
of Chula Vista (RDA), (collectively, the "Governmental Entities"), and
Gaylord Entertainment Company ("Gaylord ") have entered into a Letter Of
Intent dated July 25, 2006, and;
WHEREAS, the Letter Of Intent was also authorized by a Resolution of the
Board of Port Commissioners and was also authorized by a Resolution of the
Chula Vista City Council and the Redevelopment Agency Board, at public
meetings held on July 25, 2006, and;
WHEREAS, the Port District, the City, the RDA, and Gaylord desire to
amended said Letter of Intent;
NOW THEREFORE, the parties agree to amend the Term of The Letter Of
Intent in the following respect:
The Term of Letter of Intent shall be extended from May 31, 2007, to
November 30, 2007, and may be extended for an additional 90-day period
after November 30, 2007 by mutual written agreement of the parties. The
Term of the Letter of Intent may end earlier if any Option Agreement or
Lease is executed between the Port District and Gaylord and the basic
structure of the Public Financial Commitment finalized to the satisfaction of
the parties, or if any party elects to end negotiations as described in
paragraph 12 of the Letter of Intent.
(Signatures to Follow)
rRIPUCATE.ORIG'N~L
3-6
ADDENDUM TO LETTER OF INTENT PAGE 2
Approved as to form:
SAN DIEGO UNIFIED PbRT DISTRICT
By
Zf4
.&
By ~ OaA -O?:;j
Ran a J. Corll9lio d
Acting Director, Real Estate
Approved as to form:
CITY OF CHULA VISTA
By
BY~~ I~ ~~
Ann Moore
City Attorney
City of Chula Vista
"
)
Jim Thomson
Interim City Manager
Approved as to form:
REDEVELOPMENT AGENCY OF THE
CITY OF CHULA VISTA
ByJt",~ (Iv J~BY
Ann Moore
Agency General Counsel
Redevelopment Agency of
the City of Chula Vista
~
) ~/ ~
Jim Thomson
Interim Executive Director
GAYLORD ENTERTAINMENT OMPANY
~~
PRINT NAME: ~~ Vik-Po~
~p
PRINT TITLE:
Document No.1 94068 V3
3-7
ATTACHMENT 3
San Oi8ElO Unified Port District
Document No 50937
FHed AUG 0 3 20an
Office 01 the District Clerk
LETTER OF INTENT
BY AND AMONG SAN DIEGO UNIFIED PORT DISTRICT,
CITY OF CHULA VISTA, REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA,
AND GAYLORD ENTERTAINMENT COMPANY CONCERNING
BAYFRONT HOTEL, CONVENTION CENTER AND ANCILLARY DEVELOPMENT
RECITALS
WHEREAS, the San Diego Unified Port District ("Port District") and the City of
Chula Vista, California ("City"), since 2003 have been engaged in a joint
planning process for the redevelopment of the Chula Vista Bayfront, resulting
in the Chula Vista Bayfront Master Plan, and;
WHEREAS, the three-year joint planning process included broad stakeholder
and community involven1ent in many forms including numerous public
outreach meetings and the formation of a Citizen's Advisory Committee, and;
WHEREAS, the joint planning process concluded that the early presence of a
significant "anchor" project is desirable and will serve as a catalyst for future
public and private development, and;
WHEREAS, the concept proposed by Gaylord Entertainment Company
("Gaylord"), and outlined in this Letter of Intent has the necessary features of
such an anchor project and is consistent with the Chula Vista Bayfront Master
Plan and the general direction of the Citizens' Advisory Committee, and;
WHEREAS, Gaylord's financial, managerial, and development qualifications
were validated in an open competitive Request for Qualifications process, and;
WHEREAS, the Project contemplated by this Letter of Intent will generate
substantial benefits to the local and regional community in the form of
increased tax and lease revenues, permanent jobs, and by providing the
people of California and local community with significant public amenities,
such as more than 200 acres of open space, parks and public access,
increased recreational and entertainment opportunities and environmental
enhancements, and;
Page 1
DUPLICATE - ORIGINAL
3-8
WHEREAS, the Project contemplated by this Letter of Intent will generate
substantial direct and indirect statewide benefits including permanent and
temporary jobs, increased tax revenues, public facilities, and;
WHEREAS, the Port District, the City and the Redevelopment Agency of the
City of Chula Vista ("RDA") have agreed to form a partnership to achieve the
aforementioned benefits;
Now, Therefore:
1. Parties: This Letter of Intent (the "LOI") dated as of
JUI 2 5 ' 2006, is by and among the Port District, the City, the
RDA, and Gaylord, (collectively "Parties"). The Port District, the City and the
RDA are referred to collectively herein as the "Governmental Entities."
2. Term of Letter of Intent: This LOI shall be for a term expiring on
the earliest of: (i) May 31, 2007, (ij) the date any Option Agreement or Lease
is executed between the Port District and Gaylord and the basic structure of
the Public Financial Commitment described below is finalized to the
satisfaction of the Parties, or (iij) the date any Party elects to end negotiations
as described in paragraph 12 below.
3. Subiect Matter - Development of the Project: The purpose of the
LOI is to provide a broad outline of the basis on which the Parties will work
with each other during the term of the LOI to determine whether mutually
acceptable agreements can be reached relating to the development of the
private improvements and public infrastructure for Parcel H-3, which will not
be less than 32.23 acres in size (the "H-3 Site"). and the adjacent sites as
mutually determined by the Parties to be sufficient in scope to generate
revenues necessary to support the financing contemplated herein (collectively,
the "Project"). known collectively as the .Phase I Chula Vista Bayfront,"
located within the Port District and within the City and the RDA's Bayfront
Redevelopment Project. The Parties contemplate that Gaylord will act as the
developer of the Project.
4. Gaylord Development OblirJation: Gaylord will be responsible for
the design, development, construction and operation of the Project in a
manner satisfactory to the Governmental Entities which, with respect to the
proposed hotel and convention center on the H-3 Site, will be similar to and
typical in type and quality to Gaylord's existing operations in Grapevine, Texas
and Orlando, Florida. Except to the extent of the Public Financial
Commitment described in paragraph 6 below and the other obligations of the
Port District, the City and the RDA described herein, Gaylord will be
Page 2
3-9
responsible for all costs and activities of every sort associated with the
development, operation and ownership of the Project. Gaylord shall invest, or
shall cause others to invest, the funds necessary to complete the Project. The
design, scope, timing, branding, theme, appearance and conditions of
operation of the Project shall be negotiated by the Parties during the term of
this LO!. The Parties expect the Project development to be substantially in
accordance with the Chula Vista Bayfront Master Plan. Gaylord will
participate with the Port District, the City and the RDA in a public outreach
process as agreed to by the Governmental Entities and Gaylord. Among other
material terms, a condition precedent to the obligation of the Governmental
Entities relative to the Public Financial Commitment will include evidence
satisfactory to each of them, that Gaylord will meet its development
obligations and financial obligations, with respect to the Project, including
with respect to the Public Financial Commitment.
5. Monetary Contribution to Cost of Entitlements: Subsequent to
execution of the LOI, the Parties will negotiate a mutually acceptable sharing
arrangernent for costs associated with preparing the Environmental Impact
Report ("EIR") and processing the entitlements on a pro rata basis based on
the acreage of the Project related to the acreage of the overall Chula Vista
Bayfront Master Plan. It is currently estimated that these costs will not
exceed Two Million Dollars ($2,000,000) in total.
6. Public Financial Commitment: In exchange for the Gaylord
Development Obligation described in paragraph 4 above, the Port District, City
and RDA will provide a public financial commitment described in this
paragraph 6 ("Public Financial Commitment"), subject to delivery by Gaylord
of additional financial and other data to the satisfaction of the Governmental
Entities. In every case, the Public Financial Commitment shall be payable in
amounts to be negotiated by the Parties exclusively from the following
sources (or, as to the City, from other legally available amounts not to exceed
the amount described below):
(a) as to the Port District, all or a portion of lease revenues
derived by the Port District from any lease or other disposition of the Project
to private, non-governmental users.
(b) as to the City, from lawfully available funds of the City
which the City determines most appropriate, an amount equivalent to all or a
portion of transient occupancy taxes received by the City that are generated
by hotel occupancy on the Project.
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3-10
(c) as to the RDA, all or a portion of tax increment revenues
received by the RDA within existing plan limitations pursuant to the
Community Redevelopment Law, California Health and Safety Code Section
33000 et seq., attributable to taxes levied with respect to property located on
the Project, net of amounts payable to other taxing entities (other than the
City), amounts required to be deposited in the RDA's low and moderate
income housing fund, county administrative charges and any other mandatory
amounts payable to third parties from such tax increment funds. Any RDA
commitment of these dollars will also be subject in every respect to prior
pledges of tax increment from the RDA's merged Bayfront/Town Centre
Redevelopment Project.
In all cases, as to each Governmental Entity, the revenue sources
described in (a), (b) and (c) above, referred to herein as "New Net Revenues",
will be calculated net of costs, including operation and maintenance costs,
incurred by the Governmental Entities in providing services to the Project.
The Governmental Entities' obligations to provide the Public Financial
Commitment described in this paragraph 6 shall be limited to, and shall never
exceed, the New Net Revenues.
The Governmental Entities shall evaluate an additional charge, to
be measured by hotel occupancy, representing the equivalent of a two percent
(2%) increase in the transient occupancy tax applicable to the all or a portion
of the Bayfront Redevelopment Project area, provided such increase shall in no
event require voter approval, other than of Gaylord, the other affected
property tenants in the Bayfront Redevelopment Project area, and the
Governmental Entities. The Parties acknowledge that such an increase may
not be legally or practically feasible.
The Port District, on the one hand, and the City and RDA, on the
other, will contribute to the total Public Financial Commitment described
below, pro rata, in accordance with the total New Net Revenues derived from
the Project, as determined by the Governmental Entities.
The Public Financial
elements: the Infrastructure
Commitment.
Commitment will consist of two primary
Financing and the Convention Center
The Parties recognize that implementation of the Infrastructure
Financing and Convention Center Commitment are subject to further
legislative action of the Governmental Entities, compliance with applicable
legal restrictions, reasonable credit, timing and other public policy
considerations of the Government Entities, and the outcome is not assured. If
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3-11
the Infrastructure Financing and/or the Convention Center Commitment are
not provided, the Parties may agree to evaluate other mutually acceptable and
legally available means to develop the infrastructure component of the Project.
(i) Infrastructure Financing: The Governmental Entities will
apply New Net Revenues to the cost of the necessary infrastructure required
for development of the Project in the current estimated amount not to exceed
One Hundred Seventy-Eight Million Dollars ($178,000,000) (in 2006 dollars),
net of financing costs. The parties intend to evaluate the feasibility of
financing an amount not to exceed One Hundred Seventy-Eight Million Dollars
($178,000,000) in infrastructure costs through the Infrastructure Financing
described in paragraph 7 below. The Infrastructure Financing is intended to
finance the cost of designing and constructing all necessary wet and dry
utilities, roads, open spaces, landscaped areas, parks and promenades and
other public improvements associated with the development of the Project.
The Infrastructure Financing amount is based on preliminary cost estimates.
To the extent that future estimates differ from the current estimate, the
Parties will negotiate an adjustment to the Infrastructure Financing. The
Parties shall agree on the scope, design, and cost of the landscaped areas,
parks, and promenades associated with development of the Project. The
infrastructure improvements currently to be financed are detailed on the
attached Exhibit" A," but may be revised as a result of the requirements of
the California Environmental Quality Act ("CEQA") or a change to the
infrastructure requirements for the Project that occurs during the entitlement
process.
(ii) Convention Center Commitment: The Convention Center
Commitment of One Hundred Thirty Million Dollars ($130,000,000) (in 2008
dollars) will be provided to the extent available from New Net Revenues, plus
a credit equal to the amount of all City development impact fees that the
Project would otherwise have paid (collectively, the "Convention Center
Commitment"). The Parties agree to investigate feasible ways to finance the
Convention Center Commitment by means of the Convention Center Financing
described in paragraph 7 below. Any remainder of the Convention Center
Commitment not provided by the Convention Center Financing will be funded
from New Net Revenues as they are earned over time, on a "pay-as-you-go"
basis, on terms to be negotiated by the Parties, and will be paid or credited to
Gaylord from annual surpluses after payment of debt service and other
mutually agreed costs of the Infrastructure Financing and the Convention
Center Financing. Any portion of the Convention Center Commitment that is
funded on a "pay-as-you-go" basis shall be subject to a discount rate of 12%
(the "Pay-As-You-Go Amount") until the unfunded portion is fully funded from
New Net Revenues or until such other time as the Parties may agree, (the
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"Pay-As-You-Go Term"). Receipt of the Pay-As-You-Go Amount will be
subject to certain minimum performance standards for Gaylord and the
Project, to be negotiated by the Parties. In the event that New Net Revenues
received during the Pay-As-You-Go Term are not sufficient in an amount to
fund the Pay-As-You-Go Amount, then the Governmental Entities shall have
no further obligation to pay such amount from any source.
7. Structure of Convention Center Financing and Infrastructure
Financing: In no event will the Governmental Entities be responsible for
payments with respect to the Convention Center Commitment or the
Infrastructure Financing except from the sources and in the manner described
in paragraph 6.
The Parties will evaluate the feasibility of issuing two series of
bonds. Series A (the "Infrastructure Financing") will be in an approximate
amount not to exceed One Hundred Seventy-Eight Million Dollars
($178,000,000) net construction proceeds to finance the infrastructure more
fully described in Exhibit" A." Series B represents a to-be-negotiated portion
of the One Hundred Thirty Million Dollar ($130,000,000) Convention Center
Commitment (the "Convention Center Financing"), the net proceeds of which
are to be used to finance a convention center. Gaylord will be responsible for
all costs associated with the Project not financed by the Infrastructure
Financing, the Convention Center Financing, and the balance of the
Convention Center Commitment paid from New Net Revenues.
The feasibility and structure of the two bond series is yet to be
determined, and is subject to further analysis and negotiation by the Parties.
The obligation of the Governmental Entities, and each of them, to
pursue the Infrastructure Financing and Convention Center Financing shall be
subject in all respects to the requirements of applicable state and federal laws,
including state and federal securities laws, the application of sound credit,
underwriting and public debt standards and requirements of the Government
Entities and applicable underwriters.
8. Acquired land: The City and Port District shall cooperate with
Gaylord in the purchase, subdivision, zoning and other actions required in
order for Gaylord to incorporate any acquired land into the Project. This may
include the Port District taking ownership of the acquired land.
9. Compliance with Additional laws; No Limitation of legislative
Discretion: Approval of the Project is subject to full compliance with CEQA,
including the certification of an EIR, and ultimate approval by the California
Coastal Commission.
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No provIsion of this LOI shall be construed to require or compel
the Governmental Entities to grant any approval with respect to the Project or
to limit the discretion of the governing bodies of the Governmental Entities to
approve, deny or condition the Project, including the imposition of mitigation
measures as required by CEQA.
The Parties agree that nothing in this LOI in any respect does or
shall be construed to affect or prejudge the exercise of discretion by the
Governmental Entities.
Moreover, nothing contemplated herein to be done by the
Governmental Entities will be inconsistent with the duties of the Governmental
Entities, including fiduciary duties of the Port District to its Tidelands Trust
and any constitutional and statutory requirement of the Governmental Entities
related to the use of public funds and activity related to the Project.
10. Permits: City, RDA, and Port District shall agree to give
expedited status to all applications for approvals or permits for the Project.
11. Negotiation of Additional Documents: After execution of this
LOI, if the Parties have determined that it is feasible to proceed with the
development of the Project as outlined in this LOI, the Parties shall negotiate
and produce any documents the Parties deem appropriate.
12. Letter of Intent Not a Binding Agreement: The Parties agree that
this LOI is not intended to nor shall it be interpreted to create a binding
agreement between the Parties. Any agreement regarding the Project, or any
element of the Project, including methods of financing the Project, will be the
subject of other written agreements which must be approved by the governing
bodies of the Governmental Entities following appropriate public processes,
and is not embodied in this LOI. The Parties agree further that, while this LOI
is intended to guide the Parties in their negotiations relative to the Project, it
does not bind the Parties to continue negotiations if, in the judgment of any
such Party, such continued discussions do not serve the interests of that
Party. Moreover, each Party agrees that, to the extent it expends funds or
devotes resources to discussions relative to the feasibility of implementing the
Project, it does so of its own initiative and not in reliance on this LOI or any
representations of the other Parties. Except as set forth in paragraph 5
above, in no event will a Party be responsible for the costs or other losses,
real or imagined, of any other Party in pursuing the Project in the absence of a
definitive agreement entered into subsequent to this LOI relative to such cost
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sharing. No Party shall be entitled to sue to enforce the terms of this LOI or
to recover monetary damages for an alleged breach of this LOI.
Approved as to form:
By
Ellen Corey Bor
Assistant Port ttorney
San Diego Unified Port District
Approved as to form:
BY~..p .-
Ann Moore /~
City Attorney
City of Chula Vista
Approved as to form:
BY~~
Ann Moore /~
Agency General Counsel
Redevelopment Agency of
the City of Chula Vista
Document #191489v2
By
Dan E. Wilkens
Executive Vice President
CITY OF CHULA VISTA
IE-i
By J / I~n....,---.
f; Jim Thomson
Interim City Manager
REDEVELOPMENT AGENCY OF THE
CITY OF CHULA VISTA
<--------
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Jim Thomson
Interim Executive Director
GA Y~~R,TAINMENT COMPANY
BY~
Signature
PRINT NAME: bt\;\V\dI--N.e:;f1:,VPolL-
PRINT TITLE: 6Vf}- O'{'V~L>rMe.J-!])tc-
Page 8
3-15
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Deloollonbasins
4-<..ane M - A,C, P>Namenl
Clns 1- A.C. Pav=menl
ClilSsll-A.G.Pavemenl
Oan Ill-A.C, Pavemenl
Road Grad' " Onllile Gradln
RoadGradin -1m orl/Ex Ji
CurbT G
MedlanCLlrb
Sidewalk
MedlanLand orPavin
Curb Ram
8ml 1$
TramllB nals
StntetTrees
Vehicularbrid s
HStRam
HSl.I_5IoB
ESLSBOtframp
8"Wate~inll
16"Walllrllne
20"Waler1ln/l
Finl rnnl
Water $eMe Domestic
FirllServitu
16"OflsileWalerMallI
lB"RCP
24.RCP
36"RCP
Curblnlel
Clllano"l
Slorm- lor
R.
Headwall
Connect to EJ<~m
Sewer urn !Iot:allon
Sewlll' SlIfVillll Domeslil;.
Manhole
B"Sewer Une
10" SeW1lr Une
lS'SltWllrUmt
s.-__
Connec;ti.., 10 Metro sewer
48"Box rees
60" Bw: Trees
Palms 15'BTH
T,'
O.G,Swtac'
PavadWalb
Palleln L~1s
~r,CO\Illr
WellendRestofalk>n
ToILols
Orin Fountains
L '"
RasIRo(ll11BI s,
AddiUonal arkdeY1l e.nllorGII art! stlna.rkl
Manum.n! . "" II sech enl
Offta.m1
Relocalloollea5e OLllrorRV ar1l
FIreSlallon
Consl. 'oostormwll:term IJSWPPP
TreNllshell"l"$ I hIed
SeWllf felil$. Admlnlslrallve $45koMedIon
0.1 feesall1.& of I;ORSI. cosl
Permillln n check al 4.8% of cansl.
ConstnJcll"nAdmin.al4.B%ofc:onst.
S_rF......Parll atlonFee$2llMlMGD
Re5ourc:.oo<:yparmlltJ
Sweetwaler Aulh. Non-RQI. Walllf Ca ad
SO CounlyWalDr Auth, fltUs
E: :,IlIBIT C~ ~\il
3-16
Units
S ,.
"
"
LF
"
EA
LF
LF
LF
LF
LF
EA
LF
SF
LS
CY
CY
LS
LS
<:Y
<:Y
LS
EA
SF
SF
"
SF
CY
<:Y
LF
LF
SF
SF
EA
EA
EA
EA
"
EA
EA
EA
LF
LF
LF
EA
EA
EA
LF
LF
LF
LF
EA
EA
EA
CY
EA
EA
EA
EA
EA
LF
LF
LF
LF
EA
EA
EA
EA
SF
SF
SF
SF
SF
SF
LS
LS
LS
LS
AC
EA
LS
LS
UnllCost
2.400
,
5
,
0,15
.."
"
"
"
30
SO
16,000
"
S
I
"
30
2,!lOO,0lI0
1000,000
"
"
,
2000
,.SO
."
B2'
,
"
30
'"
2S
,.SO
"
2500
'500
175000
1,500
""
496000
1,95000
"20"
'"
,"
270
3.800
1.500
4.000
34'
'"
""
m
4,000
3,200
20,000
,"
2400
'.500
5,000.000
3,000
'.500
'"
'20
'SO
'"
~5OO
1,500
35"
'""
~2
,."
6,50
7.50
B,OO
10,00
1."
,.,
'.500
275,000
369,000
ZS,OOO
400."
10,000,000
12,000000
L'
EA
EA
EOU
LS
LS
LS
'"
150000
,
,
"500
4S
Total
Quantlty
1,000
3,414.649
77,965
43,771
1,105,500
'"
3fl,800
30900
"500
32.700
..00
4
1B,199
293,620
85.500
36200
363.650
,
,
134,483
71)9529
100000
,
132,4
42,679
627,466
6010
31925
""
28,475
""
135585
31022
"
'"
."
.'"
2480
1
1
,
3161
7,023
"..,
"
,
.
63"
1930
74"
''''
"
,
2
,
,
.
,
,
3
1,480
'''''
2."'"
..""
1
'"
""
'"
52440
65700
39700
127296
"'.4
136,62
,
5
'"
2
,
2
,
,
,
,
,
,
o
,
o
459,625
,
1500
13,802
Tol.nCosl$:
Pubijc
COllIs'
2.660,000
204117,894
467790
420202
198,990
174000
'65.
3706
801000
1,177,200
".
76,80
194,36
1.762,920
102,000
651.600
1131,400
,
1200,000
2,420,694
121715
120.000
48,000
1350,715
435326
6.211,913
576"
574850
16920
1025100
116250
1057563
3722&1
45000
360
830000
729,000
1339,200
595200
2.340000
600,400
379320
1665.520
,,,'"
145920
'.500
"2
2608,20
""
124.320
75,900
57,600
2"'"
..
""
""
4800
6000,000
2800
16200
lT7.
153,36
43 '"
576400
'500
54,000
"'500
'''500
1415448
,,,,.,
309650
1145,664
1.832126
1.639476
''''.
21000
3:36000
860,000
3,542,400
'"
''''.
12,0000
14400
3897.2
72.000
,'"
15,970099
6,541567
6,541,567
110::11000
180,000
1,900
16,592
$ 177,U9,B!l5
ATTACHMENT 4
.' d POft Dlstrict"9
",,(,,'. ucrt,. ' c A 0 ~,
'3fir.'.'''''",~
ADDENDUM TO )OG,,"'8n""C .....rn ,)f'lru:L--
LETTER OF INTENT "".'' ~tiQ,~_~\.rl<
BY AND AMONG SAN DIEGO UNIFIED PORT DISTRICT, 0<<\",,01.
CITY OF CHULA VISTA, REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA,
AND GAYLORD ENTERTAINMENT COMPANY CONCERNING
BAYFRONT HOTEL, CONVENTION CENTER AND ANCILLARY
DEVELOPMENT
RECITALS
WHEREAS, the San Diego Unified Port District ("Port District"), the City of
Chula Vista, California ("City"), and the Redevelopment Agency of the City
of Chula Vista (RDA), (collectively, the "Governmental Entities"j, and
Gaylord Entertainment Company ("Gaylord ") have entered into a Letter Of
Intent dated July 25, 2006, and;
WHEREAS, the Letter Of Intent was authorized by a Resolution of the Port
District's Board of Port Commissioners at a special public meeting held on
July 25, 2006, and;
WHEREAS, said Port District Resolution further authorized that this
Addendum to the Letter Of Intent would be entered into, and;
WHEREAS, the Letter Of Intent was also authorized by a Resolution of the
Chula Vista City Council and the Redevelopment Agency Board, at a public
meeting held on July 25, 2006, and;
WHEREAS, said City Council and Redevelopment Agency Board of Directors
directed that this Addendum be brought back for subsequent Council and
RDA action;
Now, therefore the following provision is hereby added to and a part of the
aforementioned Letter Of Intent as Paragraph No. 13:
13. Resolution of the Port District, the City and the RDA: The
Governmental Entities shall seek to continue efforts to promote job quality
and priority for the local workforce in hiring, to the extent allowed by law,
and to address impacts to the community, environmental resources and
environmental remediation as afforded by law. Further, the Governmental
Entities, in coordination with each other, shall develop and publish a
TRIPLICATE-ORIGINAL
3-17
schedule for public participation and hearings for the ongoing involvement in
the process of developing and implementing the Chula Vista Bayfront Master
Plan.
By ~& ;:&
Ellen Corey B~
Assistant Port Attorney
San Diego Unified Port District
TRICT
Approved as to form:
By
Dan E. Wilkens
Executive Vice President
Approved as to form:
CITY OF CHULA VISTA
(1 ~
ByV h~--,/l A. .A/~~ By
Ann Moore
City Attorney
City of Chula Vista
-~
~
/k~
Jim Thomson
Interim City Manager
Approved as to form:
By',--(!i!~,,- () A?~Z:s- By
Ann Moore
Agency General Counsel
Redevelopment Agency of
the City of Chula Vista
REDEVELOPMENT AGENCY OF THE
CITY OF CHULA VISTA
....----;~
!
1'-1;
Jim Thomson
Interim Executive Director
GA YLORD ENTERT AINMENTCOMPANY
Document No.194068
BY~~
Signature
PRINT NAME, J~~~ WdtllWk-
PRINT TITLE: 7VP ePoFOJJ / ~
I
3-18
COUNCIL RESOLUTION NO. 2007-
RDA RESOLUTION NO. 2007-
JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA APPROVING A 90-DA Y EXTENSION OF THE TERM
OF THE PREVIOUSLY APPROVED LETTER OF INTENT
AND AMENDMENT NO. 1 TO THE LETTER OF INTENT
BETWEEN THE CITY, THE REDEVELOPMENT AGENCY,
THE SAN DIEGO UNIFIED PORT DISTRICT AND GAYLORD
ENTERTAINMENT, AND AUTHORIZING THE CITY
MANAGER/EXECUTIVE DIRECTOR TO SIGN THE
EXTENSION AGREEMENT ON BEHALF OF THE CITY AND
THE REDEVELOPMENT AGENCY
WHEREAS, the City Council and the Redevelopment Agency of the City ofChula Vista
approved a Letter of Intent (LOI) between the City of Chula Vista, the Redevelopment Agency
of the City ofChula Vista, the San Diego Unified Port District (Port) and Gaylord Entertainment
Company (Gaylord) concerning Bayfront hotel convention center and ancillary development on
July 25, 2006, pursuant to RDA Resolution No. 2006-1953 and City Council Resolution No.
2006-232; and
WHEREAS, the City Council and the Redevelopment Agency of the City of Chula Vista
approved an Addendum and reconsidered that approval to the Addendum to the Letter ofIntent
between the City of Chula Vista, the Redevelopment Agency of the City of Chula Vista, the San
Diego Unified Port District and Gaylord Entertainment Company concerning Bayfront hotel
convention center and ancillary development on October 10, 2006, pursuant to RDA Resolution
No. 2006-1958 and City Council Resolution No 2006-307 and on November 7, 2006, pursuant to
RDA Resolution No. 2006-1964 and City Council Resolution No. 2006-332 respectively; and
WHEREAS, on May 15,2007, the City Council and the Redevelopment Agency of the
City of Chula Vista approved Amendment No. I to the Letter of Intent which allowed for the
extension of the LOI to November 30, 2007, pursuant to RDA resolution No. 2007-1974 and
City Council Resolution No. 2007-115; and
WHEREAS, approval of Amendment No.1 of the LOI also contemplated the possibility
of an additional 90-day extension beyond November 30, 2007, if mutually agreed to by the
parties; and
WHEREAS, the parties desire to extend the term of the letter of intent for the additional
90-day term and to enter into the Agreement to Extend the Term of the July 25,2006, Four-Party
Letter ofIntent until February 28, 2008.
3-19
Council Resolution No. 2007-
RDA Resolution No. 2007-
Page 2
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Chula Vista
and the Redevelopment Agency of the City ofChula Vista that it approves the Agreement to
Extend the Term of the July 25,2006, Four-Party Letter of Intent until February 28, 2008, a copy
of which shall be kept on file in the Office of the City Clerk.
BE IT FURTHER RESOLVED by the City Council of the City of Chula Vista and the
Redevelopment Agency of the City ofChula Vista that it authorizes the City Manager/Executive
Director to execute the Agreement to Extend the Term of the July 25,2006, Four-Party Letter of
Intent until February 28, 2008, on behalf of the City and the Agency.
Presented by
Approved as to form by
~~~~ !L ~Ir-
Ann Moore
City Attorney/General Counsel
David R. Garcia
City Manager/Executive Director
3-20