HomeMy WebLinkAboutReso 2007-286
COUNCIL RESOLUTION NO. 2007-286
(RDA RESOLUTION NO. 2007-1985)
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. I 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
WHEREAS, the City Council and the Redevelopment Agency of the City of Chula Vista
approved a Letter of Intent (LOl) between the City of Chula Vista, the Redevelopment Agency
of the City of Chula 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 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 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 LOl to November 30, 2007, pursuant to RDA resolution No. 2007-1974 and
City Council Resolution No. 2007-115; and
WHEREAS, approval of Amendment No. I of the LOl 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.
Resolution No. 2007-286
Page 2
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista
and the Redevelopment Agency of the City of Chula 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
~
City Manager/Executive Director
Approved as to form by
~i~~~~~.
Ann Moore
City Attorney/General Counsel
PASSED, APPROVED, and ADOPTED by the City Council and the Redevelopment
Agency of the City of Chula Vista, California, this 4th day of December 2007, by the following
vote:
AYES:
Council/Agency members: McCann, Ramirez, Rindone, and Cox
NAYS:
Council/Agency members: None
ABSENT:
Council/Agency members: None
Abstain:
Council/Agency members: Castaneda
ATTEST:
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Susan Bigelow, MMC, City C rk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certifY that the foregoing City
Council Resolution No. 2007-286/Redevelopment Agency Resolution No. 2007-1985 was duly
passed, approved, and adopted by the City Council and Redevelopment Agency at a regular
meeting held on the 4th day of December 2007.
Executed this 4th day of December 2007.
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Susan Bigelow, MMC, Clerk
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