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HomeMy WebLinkAbout2008/04/22 Item 4 CITY COUNCIL AGENDA STATEMENT 4/22/08, Item 4 SUBMITTED BY: RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2008 BUDGET AND APPROPRIATING $1,228,169.00 FROM THE AVAILABLE FUND BALANCE IN OTAY RANCH VILLAGES 1, 2, 5, AND 6 PEDESTRIAN BRIDGE DEVELOPMENT IMPACT FEE TO REIMBURSE OTAY PROJECT, L.P. FOR THE CONSTRUCTION OF THE EAST AND WEST OLYMPIC P ARKW A Y PEDESTRIAN BRIDGES DIRECTOR OF ENiIINEE G AND GENERAL SERVICES~ CITY MANAGER /' ASSISTANT CITY ANAGER c:.-;) 4/5THS VOTE: YES [gJ NO 0 ITEM TITLE: REVIEWED BY: SUMMARY The construction of both the East and West Olympic Parkway bridges has been completed and is now accessible for pedestrian use. This appropriation from the Pedestrian Bridge Development Impact Fee ("Ped Bridge DIF") Fund is to reimburse Otay Project L.P. for the bridges' construction cost. ENVIRONMENTAL REVIEW The Environmental Review Coordinator has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a "Project" as defined under Section 15378 (b)(4) 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 Council approve the resolution. BOARDS/COMMISSION RECOMMENDATION Not applicable. DISCUSSION On June 10, 2003 City Council approved an agreement with Otay Project L.P ("Original Agreement") to construct the East Olympic Parkway Bridge between Villages 5 and 6 pursuant to Resolution No. 2003-255. Later, on January 11, 2005, City Council approved an amendment to the original agreement to authorize Otay Project L.P ("Developer") to construct the West 4-1 /-------. .~ 4/22/08, ItemL Page 2 of 3 Olympic Parkway Bridge between Village One and Otay Ranch High School in Village 2 pursuant to Resolution No. 2005-016 (see Attachment I which detailed the authorization of the construction as well as the reimbursement process for the construction of the pedestrian bridges). The construction of both bridges has been completed and is now accessible for pedestrian use. This appropriation from the Ped Bridge DIF fund is to reimburse Otay Project L.P for the bridges' construction cost. The Engineering and General Services Department has received a reimbursement request from Otay Project, L.P., in accordance with the Original Agreement and as amended, for the construction of the East and West Olympic Parkway Pedestrian Bridges. The original Ped Bridge DIF was established with adoption of Ordinance No. 2767, in January 1999 in order to pay for pedestrian bridge facilities that will serve Otay Ranch Villages 1 and 5. On January 7, 2003 by Ordinance No. 2892 said original Ped Bridge DIF was amended to include Otay Ranch Village 6 to pay for its fair share of bridge improvements as a condition of issuance of building permit and subsequently, Ordinance No. 2892 was amended on February 2007 by Ordinance No. 3064 to add Otay Ranch Village 2 to pay for its fair share of bridge improvements as a condition of issuance of building permit. The purpose of this fee is to finance the construction of pedestrian bridge improvements between Otay Ranch Villages I, 2, 5, and 6. The fee revenues are used to: I) pay for the construction of the bridge improvements, or 2) reimburse a developer for constructing the improvements. In addition to the funding that the Ped Bridge DIF would provide, bond proceeds were set-aside in the Community Facilities Districts created for Village One (CFD 99-1), and Village Six (CFD 08-1, and CFD 2001-2) for the construction of the pedestrian bridges. The City has received reimbursement requests from the Developer for the construction of both pedestrian bridges, in accordance with the Agreement. The Engineering and General Services Department has audited these requests, and the following table details the amounts deemed eligible. Eli ible Amount $2,651,435.84 $1,733,005.61 These eligible costs were determined after examining all documents that the Developer was required to submit to the City, under Section 11 of the Agreement. These documents included construction contracts, bid documents, performance bonds, contractor invoices, copies of cancelled checks, and unconditional and conditional lien releases by contractors. Under Section 10 of the Agreement, the City may pay Developer progress payments not to exceed 75% of the estimated cost of the construction completed to the time of the progress payment, and retain 25% of such costs until issuance by the City of a Notice of Completion. The Developer received a progress payment, in accordance with Section 10, of $1,482,332.58 for the West Pedestrian Bridge and $958,732.48 for the East Pedestrian Bridge. These first payments were made from all funding sources available (CFD 99-1, CFD 08-1, CFD 2001-2 and Ped Bridge DIF Fund), in April of2007. 4-2 4/22/08, Item~ Page 3 of 3 The Developer is now requesting the retained portion of the progress payment, as well as additional eligible costs incurred during final construction. The retained portion, plus the additional eligible costs are: $1,169,103.26 for the West Pedestrian Bridge and $774,273.13 for the East Pedestrian Bridge, for a total amount of$I,943,376.39. The resolution will appropriate $1,228,169.00, the available fund balance of the Ped Bridge DlF, to reimburse the Developer for the remaining eligible costs. Because the total eligible construction costs for these two facilities exceeds the amounts available from the funding sources, CFDs and Ped Bridge DIF fund, according to Section 13 of the Agreement, the Developer may then apply the balance as a credit against future Otay Ranch Pedestrian Bridge Development Impact Fee obligations. DECISION MAKER CONFLICT Staff has reviewed the property holdings of the City Council and has found no property holdings within 500 feet of the boundaries of the property, which is the subject of this action. FISCAL IMPACT There is no impact to the General Fund. All costs will be taken from the Pedestrian Bridge Development Impact Fee or the Community Facilities Districts, which were set up to fund the construction of the pedestrian bridges. A TT ACHMENTS I. Otay Ranch First Amended Pedestrian Bridge Development Impact Fee Agreement Prepared by: Tessa Quicho, Administrative Analyst 11, Engineering and General Services Department J: IEngineerIAGENDAICAS2008\04-22-08IPed Bridge DlF Appropriation_R2-JDSM Redline.doc 4-3 DOC !lTTA~O~~ok7 .. ! 1111111111111111 11111111111111111111111111111111111111111111111111111 .1 I ; tS I 't(l ~ Al( I firS'!' ! I " This Instrument Benefits City Only. \1 No Fee Required ... ! This Space for Recorder's Use Only !I<\I1-"'~_IIDllIIIIlm:unB!ll<ltll"lllIIli""""'_!IIm;IIlnll'l~III_!!!!lr"""'II'IoI!:lll_!Iftl''''''\\i!;;';I~__I!","""f1<mlli't__WfIl""~.;ru_'''--'I:<''''''''~'\i'-''''mll_ll__.... .. FEB 08, 2005 11:54 AM Recording Requested by and Please Return to: City Clerk City of Chula Vista P.O. Box 1087 Chula Vista, California 91912 OFFICIAL RECORDS SAN DIEGO CDUNT'!' RECORDER'S OFFICE GREGORY .J. SMITH. COUNTY RECORDER FEES: 0.00 PAGES: 11 I1IIII 0111 B~II""I""1111 1m nlllllll Dmnm 1111 1m 1111 EI III APN(s) 644-030-1100 644-030-1800 C.V. Fi]e No.OR802C OT A Y RANCH FIRST AMENDED PEDESTRIAN BRIDGE DEVELOPMENT IMPACT FEE AGREEMENT BY AND BETWEEN THE CITY OF CHULA VISTA AND OTA Y PROJECT, L.P. TIlls agreement is made this _day of , 2005 by and between Otay Project L.P. ("Developer") and the City of Chula Vista, a California Municipal Corporation ("City") with reference to the facts set forth below, which recitals constitute a part of the Agreement. Recitals A. WHEREAS, On December 17, 2002, City Council adopted the Pedestrian Bridge Development Impact Fee ("Impact Fee"), Ordinance No. 2892 ("Ordinance"), to pay for Pedestrian Bridge Improvements as a condition of issuance of Building Permits in Otay Ranch. B. WHEREAS, Developer requested authorization from the City through a written resolution approved by the City Council to construct certain Pedestrian Bridge Facilities between Villages 5 and 6, which are described in Exhibit A attached hereto and made a part hereof; and C. WHEREAS, on June 3, 2003 the City Council approved Developer's request for authorization pursuant to Resolution No. 2003-255; and D. WHEREAS, on June ]0,2003 Developer and the City entered into the Otay Ranch Pedestrian Bridge Deve]opment Impact Fee Agreement ("Original Agreement"); and E. WHEREAS, Developer has requested authorization from the City Council to construct a Pedestrian Bridge between Village 1 and the Otay Ranch High -1- 4 4 ~* xoS:: 0IC7 School iil Village 2. Pedestrian bridges between Villages 5 and 6 and between Villages 1 and 2 are collectively referred to herein as "Facilities" which are described in the request attached hereto and made a part hereof as Exhibit ~'A"; and F. WHEREAS, on January 11, 2005 the City Council approved Developer's request for authorization pursuant to Resolution No. 2005- ; and G. WHEREAS, Ordinance No. 2892 provides that the City Council may impose other conditions on the authorization among those conditions provided for in the Ordinance; and H. WHEREAS, Ordinance No. 2892 requires a written agreement setting forth the conditions on such authorization; and 1. WHEREAS, City and Developer agree that the Original Agreement shall be amended to include reference to Pedestrian Bridge between Village 1 and Village 2 and to include cash reimbursement for said bridge. NOW, THEREFORE, BE IT RESOLVED that the parties agree as follows; 1. Developer shall prepare all plans and specifications and submit same to the City for approval. 2. Developer shall secure and dedicate any right-of-way required for the Facilities. 3. Developer shall secure all required permits and environmental clearances necessary for construction of the Facilities. 4. Developer shall provide performance bonds in a form and amount, and with a surety satisfactory to the City. 5. Developer shall pay all City fees and costs. 6. Developer further understands and agrees that City, (as "indemnitee") or any officer or employee thereof, shall not be liable for any bodily injury, death, or property damage, including thereto hazardous materials and property takings claims occasioned by reason of the acts or omissions of Developer, it's subcontractors or suppliers, its agents or employees, or Indemnitee (which are not the result of Indemnitee's sole negligence or willful misconduct), related to the construction of the Facilities. Developer further agrees to defend, indemnify, protect and hold the Indemnitee, its officers and employees, harmless from any and all claims, demands, causes of action, liability, costs and -2- 4 5 expense (including, without limitation, reasonable attorney's fees) or loss for bodily injury, death or property damages, including thereto hazardous materials and property takings claims because of or arising out of Developer's construction of the Facilities or the acts or omissions of Developer, its subcontractors or suppliers, its agents or employees, or Indemnitee, related thereto; provided, however, that Developer shall have no obligation to indemnify, defend, protect or hold Indemnitee harmless from any such losses, claims, demands, causes of action, liability, damages, costs or expenses which arise out of the sole negligence or willful misconduct of the Indemnitee or any officer or employee thereof. Developer further agrees to defend, indemnify, protect and hold the Indemnitee harmless from any such losses, claims, demands, damages, causes of action, liability, costs and expenses to the extent that they have arisen due to the sole negligence or willful misconduct of Indemnitee. Such indemnification and agreement to hold harmless shall extend to damages to adjacent or downstream properties or the taking of property from owners of such adjacent or downstream properties as a result of construction of the Facilities as provided herein. It shall also extend to damages resulting from diversion of waters, change in the volume of flow, modification of the velocity of the water, erosion or siltation, or the modification of the point of discharge as the result of construction of the Facilities. The approval of plans for the Facilities shall not constitute the assumption by City of any responsibility for such damage or taking, nor shall City, by said approval, be an insurer or surety for said work and related improvements. The provisions of this paragraph shall become effective upon the execution of this Agreement and shall remain in full force and effect for ten (10) years following the . acceptance by the City of the Facilities. 7. Developer shall advance all necessary funds for the Facilities, including design and construction. The City will not be responsible for any of the costs of constructing the Facilities. 8. Developer shall secure at least three (3) qualified bids for work to be done. The construction contract shall be granted to the lowest qualified bidder. Any claims for additional payment for extra work or charges during construction shall be justified and shall be documented to the satisfaction of the City Engineer. Notwithstanding the foregoing, if the Developer is to be reimbursed for all or any portion of the cost of construction of the Facilities from the proceeds of special tax bonds issued for Community Facilities District No. 99-1, 2001-02 and/or 08-1 as provided for in paragraph 16 below, the Developer must comply with the provisions of the applicable Acquisition and Financing Agreement or Agreements establishing the design, bid, contract and - 3 - 4 6 change order requirements applicable to improvements to be acquired pursuant to such agreement or agreements. 9. Developer shall provide a detailed cost estimate, which itemizes those costs of the construction attributable to the improvements. The estimate is preliminary and subject to final determination by the City Engineer upon completion of Facilities. 10. Upon determination by the City Engineer of satisfactory incremental completion of the Facilities in accordance with the Ordinance, the City may pay Developer progress payments in an amount not to exceed 75 percent (75%) of the estimated cost of the construction completed to the time of the progress payment, but shall provide in such case for the retention of 25% of such costs until issuance by the City of a Notice of Completion. 11. When all work has been completed to the satisfaction of the City, Developer shall submit verification of payments made for the construction of the Facilities to the City. The City Engineer shall make the final determination of which expenditures are eligible for reimbursement or credit that may be applied to Developer's future obligation to pay an Otay Ranch Pedestrian Bridge Impact Fee. 12. After final determination of eligible expenditures has been made by the City Engineer and Developer has complied with the conditions set forth in paragraphs I through 9 above, as determined by the City, the final amount of payment shall be determined by the City Engineer. The City and Developer may agree to offset Developer's duty to pay current and future Impact Fees required by the Ordinance, or revisions thereto, against the City's duty to reimburse Developer. The Developer shall receive additional credit against a future fee obligation in an amount equal to the difference between the final expenditure determination and the amount of the final payment. 13. If the total eligible construction cost for the Facilities is more than the total Impact Fees which will be required for the Developer's Village 6 project the Developer may: either apply the balance as credit against future Otay Ranch Pedestrian Bridge Development Impact Fee obligations, or request reimbursement from the following sources to the extent there are funds available for such reimbursement: a Otay Ranch Village 1, 5 and 6 Pedestrian Bridge Developinent Impact Fee Fund -4- 4 1 b. Bond Proceeds. If Developer requests that Special Tax District bond proceeds, reserved to fmance all or a portion of the cost of acquisition and/or construction of Pedestrian Bridge Improvements, be used to reimburse Developer for constructing the Pedestrian Bridge Improvements such reimbursement shall comply with the provisions of the applicable Acquisition and Financing Agreement. 1. Pedestrian Bridge between Village 1 and 2 ("West POC"). Any portion of reimbursement for the West POC to be financed with Special Tax bond proceeds shaH be limited to such proceeds of such bonds issued by Community Facilities District 99-1. 2. Pedestrian Bridge between Village 5 and 6 ("East POC"). Any portion of reimbursement for the East POC to be fmanced with Special Tax bond proceeds shall be made from either the proceeds of such bonds issued by Community Facilities District 99- I, 2001-02 and/or 081. 14. Developer, its successors, assigos and interests agrees to not protest the formation of a separate Impact Fee program incorporating the remainder 0 f Developer's property that is not current! y within the existing Impact Fee program said Developer's remaining property is described in Exhibit "B" attached hereto and made a part hereof (Property), or annexation of said remainder Property into the existing Impact Fee Area of Benefit. Developer further agrees to equitably participate in any future pedestrian bridge development impact fee program, or an update to the current Impact Fee program, to finance all 0tay Ranch Pedestrian Bridges including those Facilities constructed under the terms of this.Agreement. This agreement to not protest shall not be deemed a waiver of the right to challenge the amount of a development impact fee for pedestrian bridge facilities imposed on the Property. 15. This Agreement shall be binding upon and inure to the benefit of the successors, assigns and interests of the parties as to any or all of the Property until released by the mutual consent ofthe parties. 16. Developer agrees to comply with requirements of Ordinance Nos. 2767 and 2892. 17. The parties agree that this First Amended Agreement shall supersede the Original Agreement and that the Original Agreement shall be of no further force nor effect when this First Amended Agreement is fully executed. - 5 - 4 8 18. Developer acknowledges and agrees that the Acquisition and Financing Agreements per City Council Resolution Nos. 2003-408; 2002-404, as amended by 2003-037; and 19694, as amended by 2001- 341 and 2001-215, for CFD-08I; CFD 2001-02; and CFD 99-1, respectively, remain in full force and effect and have not been modified nor amended by this agreement. Exhibit A: Otay Ranch Pedestrian Bridge Facilities Exhibit B: Property Next page is signature page to Amended Otay Ranch Pedestrian Bridge Development Impact Fee Agreement - 6 - 4 9 SIGNATURE PAGE TO THE FIRST AMENDED OTAYRANCH PEDESTRIAN BRIDGE DEVELOPMENT IMP ACT FEE AGREEMENT CITY OF cHULA VISTA OTA Y PROJECT L.P., A California limited partnership, /~~ SOHAlB AL-AGHA CITY ENGINEER By: OTA Y PROJECT, LLC, a California limited liability company, its General Partner, By: OTA Y RANCH DEVELOpMENT, LLC, a Delaware limited liability company, its~ By: Date I-z(rr.e;o 1- Approved as to form by ~/UJLfr' CITY A TIORNEY l:lEngineerlLANDDEWrojcctslPed Bridge\West POClRevised Ped Bridge DlF Agreement.doc -7- 4 10 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT Slate of California County 01 ~,,1>~~y') On l)..C'2M be".. 'Z:ll 2m'L before me, 0.. personally appeared \< ~ " +- A-d,e n )(1- - - - :-~~~n;~ f f Naby NlIc':,* _.... i Ian DIego CclwlIv - _ _ _ ~~~~_~13.:~f }~. M(:\V'c:.. L.o"..-to No-b~,(.. Name ilI'dTllIII 01 OllIcer (_4. .J,...oo.. Notaly Neme(.) 01 Signer\s) B"jlersonally known to me o proved to me on the basis of satisfectory evidence to be the personW-whose name($). is/ar.!l subscribed to the within instrument and acknowledged to me that helshollMy executed the same in hi~ authorized capaci!y(ieet; and that by hislller/tt1eir signature(Sj" on the instrument the person(sl. or the entity upon behan 01 which the person(a} acted, executed the instrument. S my hand and 0 .. a. I ~ / o OPTIONAL Though the intormstlon beIorv is not required by law, it may prove valUllbIIJ to persons relying on thB cfocument and cooId prevent fraudulent remGllal and reattachment of this form 10 another document. Description of Attached Document Title or Type of Document: Document Date: Signer{s) Other Than Named Above: Capacity(les} Claimed by Signer Signer's Name: o Individual o Corporate OIIicer - Trtle(s): o Partner - 0 Limited 0 General o Attorney-In-Fact D Trustee D Guardian or Conservator D Other. Signer Is Representing: Number of Pages: Top of Ihunb !lere Cl1199N.uon.fNolllry~on.t3500t SomJwe., P.o.&.2.olO2.o.-r'h,CAe13,s-2402'_.r.I~.llfg Prod. No. SIlO' Recrdet:C"ToI-F_1-f1OO.a76-6ll:2.7 4-11 STATE OF CALlFORNIA ) ) S.S. COUNTY OF SAN DIEGO ) On the 7'" day of February, 2005, before me, the undersigned, personally appeared SOHAlB AL-ALGHA, personally known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument, the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. .~"!:~._*!~ ~~.~O . 'i. ...~__ -c-, - '- .......". ~ .- ." Jr _~ ~ ,-;;. ,,-:"- ~.';~1t- -;=-+. ~ .;,...,.~." :; t..-'::. --:~::.,~>. ~:C~~c;::' ~'~'_ ~~' <c"J"', ;:-:;1' ,- .~./ '/" \. . . ",,-:. - /' -' ,~ - --.0 ......". ,.~- ~. ... -..0':>_ ,_~~' -,-);{.. .If-, a;e -<) {i.- -::- ~ J, /l-",~ ~ ,0. ~ Susan Bigelo';,MMC .~ City Clerk of the City of Chula Vista 4 1? ~ :: f. 'r-i j ~.j ~ ~l -! ~". :}l,',",::-'.. . :~ir;;<. -', ; / v" " - \" \~-;"., -\J '\ ....~"..,. t: /.1: Iii! OTAY RANCH \1 r- 1<: HIGHSC~~OL '!'I: "I , i ' , 'VIL~~Ge 2 ! , i_ill! " ~ I 'I' \ \ \ ! ' ; , " '" ."",', EXHIBI'I\ A :---' '" ,----- ~\~~~"~~H)PEDESTRIAN BRfDGES , ',' I ',I C', \ h I' 4-H EXHIBIT B Legal Description of Property Parcel 3 of Parcel Map No. 18471 in the City of Chula Vista, County of San Diego, State of California, recorded on May 10,2000 as File No. 2000-241067 -9- 4 14 OT A Y RANCH PEDESTRIAN BRIDGE DEVELOPMENT IMP ACT FEE AGREEMENT BY AND BETWEEN THE CITY OF CHULA VISTA AND OTA Y PROJECT, L.P. ,,, This agreement is made this J.Q.-day of~, 2003 by and between Otay Project L.P. ("Developer") and the City of Chula Vata, a California Municipal Corporation ("City") with reference to the facts set forth below, which recitals constitute a part of the Agreement. Recitals A. WHEREAS, On December 17, 2002, City Council adopted the Pedestrian Bridge Development Impact Fee, Ordinance No. 2892, to pay for Pedestrian Bridge Improvements as a condition of issuance of Building Permits in Olay Ranch. B. WHEREAS, Developer has requested authorization from the City through a written resolution approved by the City Council to construct certain Pedestrian Bridge Facilities between Village 5 and 6 (Facilities) which are described in the request attached hereto as Exhibit A; and /0 C. WHEREAS, on June 3: 2003 the City Council approved Developer's request for authorization pursuant to Resolution No. .<'b:e'.; -.)5...,--; and D. WHEREAS, Ordinance No. 2892 provides that the City Council may impose . other conditions on the authorization among those conditions provided for in the Ordinance. E. WHEREAS, Ordinance No. 2892 requires a written agreement setting forth the conditions on such authorization. NOW, THEREFORE, BE IT RESOLVED that the Parties agree as follows: I. Developer shall prepare all plans and specifications and submit same to the City for approval. 2. Developer shall secure and dedicate any right-of-way required for the improvement work. 3. Developer shall secure all required permits and environmental clearances necessary for construction of the improvements. 4. Developer shall provide perfOlmance bonds in a form and amount, and with a surety sati~factorY to the City. - I - 4-15 7Z /[0:)3 ..J :G L. 5. Developer shall pay all City fees and costs. 6. Developer further understands and agrees that City, (as "indemnitee") or any officer or employee thereof, shall not be liable for any bodily injury, death, or property damage, including thereto hazardous materials and property takings claims occasioned by reason of the acts or omissions of Developer, it's subcontractors or suppliers, its agents or employees, or Indemnitee (which are not the result of Indemnitee's sole negligence or willful misconduct), related to the construction of the Facilities. Developer further agrees to defend, indemnify, protect and hold the Indemnitee, its officers and employees, harmless from any and all claims, demands, causes of action, liability, costs and expense (including, without limitation, reasonable attorney's fees) or loss for bodily injury, death or property damages, including thereto hazardous materials and property takings claims because of or arising out of Developer's construction of the Facilities or the acts or omissions of Developer, its subcontractors or suppliers, its agents or employees, or Indemnitee, related thereto; provided, however, that Developer shall have no obligation to indemnify, defend, protect or hold Indemnitee harmless from any such losses, claims, demands, causes of action, liability, damages, costs or expenses which arise out of the sole negligence or willful misconduct of the Indemnitee or any officer or employee thereof. Developer further agrees to defend, indemnify, protect and hold the Indemnitee harmless from any such losses, claims, demands, damages, causes of action, liability, costs and expenses to the extent that they have arisen due to the sole negligence or willful misconduct of Indemnitee. Such indemnification and agreement to hold harmless shall extend to damages to adjacent or downstream properties or the taking of property from owners of such adjacent or downstream properties as a result of construction of the Facilities as provided herein. It shall also extend to damages resulting from diversion of waters, change in the volume of flow, modification of the velocity of the water, erosion or siltation, or the modification of the point of discharge as the result of construction of the Facilities. The approval of plans for the Facilities shall not constitute the assumption by City of any responsibility for such damage or taking, nor shall City, by said approval, be an insurer or surety for said work and related improvements. The provisions of this paragraph shall become effective upon the execution of this Agreement and shall remain in full force and effect for ten (10) years following the acceptance by the City of the Facilities. 7. Developer shall advance all necessary funds for the Facilities, including design and construction. The City will not be responsible for any of the costs of constructing the Facilities. - 2 - A.-:-J-.U__ 8. Developer shall secure at least three (3) qualified bids for work to be done. The construction contract shall be granted to the lowest qualified bidder. Any claims for additional payment for extra work or charges during construction shall be justified and shall be documented to the satisfaction of the Director of Engineering. 9. Developer shall provide a detailed cost estimate which itemizes those costs of the construction attributable to the improvements. The estimate is preliminary and subject to final determination by the Director of Engineering upon completion of Facilities. 10. Upon complying with conditions set forth in E.I through E.5 above, the developer shall be entitled to an immediate credit for 50 percent of the estimated cost of the construction attributable to the Facilities. Said immediate credit may be applied to the developer's obligation to pay Otay Ranch Pedestrian Bridge Development Impact Fees for building permits issued after the establishment of the credit. The developer shall specify those building permits to which the credit is to be applied at the time the developer submits the building permit applications ] 1. After the developer has received valid bids for the project which comply with E.8 above, entered into binding contracts for the construction of the project, and met the conditions set forth in E. 10 above, to the satisfaction ofthe city manager's designee, the amount of the immediate credit shall be increased to 75 percent of the bid amount attributable to the Facilities. The developer shall specify those building permits to which the credit is to be applied at the time the developer submits the building permit applications. 12. When all work has been completed to the satisfaction of the city, the developer shall submit verification of payments made for the construction of the Facilities to the city. The city manager's designee shall make the final determination on expenditures, which are eligible for credit. 13. After final determination of eligible expenditures has been made by the city manager's designee and the developer has complied with the conditions set forth in E.I through E.l 2 above, as determined by the city, the final amount of Otay Ranch Pedestrian Bridge Development lmpact Fee credits shall be determined by the city manager's designee. The developer shall receive additional credit against the fee obligation in an amount equal to the difference between the final expenditure , .. 0 .. A- J2m. ___.. ..._.......___.___. determination and the amount of the 75 percent immediate credit used, if any. 14. At the time building permits are issued for the developer's project, the city will incrementally apply credit, which the developer has accrued in lieu of collecting the required Otay Ranch Pedestrian Bridge Development Impact Fees. The amount of the credit to be applied to each building permit shall be based upon the fee schedule in effect at the time of the building permit issuance. The city manager's designee shall convert such credit to an ED U basis for residential development and/or a gross acre basis for commercial or industrial development for purposes of determining the amount of credit to be applied to each building permit. 15. If the total eligible construction cost tor the Facilities is more than the total Otay Ranch Pedestrian Bridge Development Impact Fees which will be required for the developer's project the developer may use the excess as credit against future Otay Ranch Pedestrian Bridge Development Impact Fee obligations. The city may, in its discretion, enter into an agreement with the developer to convert excess credit into EDU and/or gross acre credits for use against future development impact fee obligations at the fee rate in effect on the date of the agreement. 16. Whenever constructing a DIF-eligible pedestrian bridge using assessment district or community facility district financing generates an Otay Ranch Pedestrian Bridge Development Impact Fee credit, the credit shall only be applied to the Otay Ranch Pedestrian Bridge Development Impact Fee obligations within that district. l7. Developer agrees to comply with requirements of Ordinance Nos. 2767 and 2892. Next page is signature page to Otay Ranch Pedestrian Bridge Development Impact Fee Agreement - 4- . A:::li____ SIGNATURE PAGE TO OT A Y RANCH PEDESTRIAN BRIDGE DEVELOPMENT IMPACT FEE AGREEMENT CITY OF CHULA VISTA OtayProject LP. a California limited partnership ~:i~ Director of Engineering By: Otay Ranch Development, LLC 'Dcl'W~~.liability company) Authorized e er By: Dated~2003 Approved as to form by G--~ Ann Moore City Attorney J:\Engineer\LANDDEV\DlF's\PED BRIDGE FEES\development impact fee agreement - 5- 4-19 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT "I County of , On Narne(li) gf SigMr(s} r)( personally known to me 6 proved to me on the basis of satisfactory evidence f:,..--...----.--f MORA I(AY KEllER _ @ Commission 111295364 z I' NClt~!V pu.hUc ... CaRfomta ~ j ,.:_nn D,,'I),O Counly 1 M'(....omm. f->o:~ Fsb?5,:nJ5 _ _ _ _ _ ~.t"~t""}""'~~.'.':''''-''' to be the person(~ whose name()l1 ~rJ subscribed to th~" wittjiR, instrument and acknowledged to m~~~th~ executed the same in ChWhQf/their/.~thorizel} capacity(i!s), and that by ~~r/th"'r signatur~ on the instrument the persoa(s), or the entity upon behalf of which the person(s)l acted, executed the instrument. Place Notary Seal Above OPTIONAL Though the information below ;s not required by Jaw, it may prove valuable to persons ff1/ying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document TWe or Type of Document: ., Decument Dale: Number of Pages: Signer(s) Other Than Named Above: I. Capacity(!es) Claimed by Signer Signer's Name: o Individual o Corporate Officer - Tille(s): o Partner - 0 Limited 0 General o Attorney in Fact o Trustee o Guardian or Conservator o Other: RIGHT THUMGPr~INl or SIGNFR Top of thumb here I, I' Signer Is Representing: C ,98fiHationll NoWy.l.Mociationo935Q 0, SoIoAve., p.o. 8m; 2402 oChlIs..or1h. CA91313-2<<l2-_.naIionanolary.org' Prll4 No. 5llO7 '" Recxdlr. Cd Tg(J.FrM 1-8Q0087H827 4-20 I,; EXHIBiT A ii / '-. . -',.' " _',. . J " \' ,,_. ...o:t:AY RAN~H .~~~ltrAN-BRIDG~\<\ \?:/ '''~E~~tk~_~~~.~~~\\\<'( "---/ .~ <:- . / ":,.. ".~.. - \ \, '-'_d"::' \."'" .</.> "'.... \ - .' ./ / /-'/ .' ,: " ,.,'-, . ~:<"~\, \,,~\, \ \ \ , ". . \ \ \ \ " "\." .' . ',< / '''.-. /' '~( .;>.~> . / / \",v,/~/VILLAGE !Y/ I! / :i / .// ,. , '. '. ~ ' ; /{\;...\:::\ f-'! ! (5:2\b~:\ ,\.-'.......- ./ / / ..,/ " ,,',: \ .5f~\..... / /'/ // /' / ./' '\ / \ '\ E T/OL YMefC "\ '\ \.,/. .' /"- \lPARKwAY/BRIDG~.. 1 \ ". , , ,.', -,I ! /; .' "/'\('/'~':"'.' . ..." --"",,",' , ""r-.7..' ", ".,/ '.. // \ , \ / ~\ - ~ '\ / \"', ?'~1l. \, , \ r \, \ A) " . \~.i ". '0 VILLAGE 6 . 2\ ~..,.".'.... \ . ~~ ~"", . '\ .\., .~ " ./ ,'" '\,,, /,,'/ ',< \\< ',,-;<V\...>.- ",.. ",. \ '-,,/ /'//' . '/ . '.,/..".- ) " \ \ /-A /-, // \ -' --, \.:-:=\ / ''''-, \. ..-.' '~\ ;^"'{, , \ \.-- \ ~/,\ . - \ \ ------ ~~ . \ . \ ".c--- ./ " ~\ '\ ,- <'\ .' \'" , , \ \. \ '-- /\/<~: '\ \,)-/:,/~. ,./,./',\. ...,...' " c' ;/ (/ '\ ...--.,.- ..------ ..// >/ /~\ . \ ______~/,/ i........- / ': \--. .... .-- ./ \ \ \ / ./ ,\ c''''' \ /' / .//\ ~\' ,/ --5' ',. -,/' ....~-~- -- -- .----', " , 'v. '\..-.--- \ \........ ..... '--,':---- -, 4-21 RESOLUTION NO. 2008- RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2008 BUDGET AND APPROPRIATING $1,228,169.00 FROM THE AVAILABLE FUND BALANCE IN OTA Y RANCH VILLAGES 1, 2, 5, AND 6 PEDESTRIAN BRIDGE DEVELOPMENT IMPACT FEE TO REIMBURSE OTAY PROJECT, L.P. FOR THE CONSTRUCTION OF THE EAST AND WEST OLYMPIC P ARKW A Y PEDESTRIAN BRIDGES WHEREAS, the Otay Ranch Pedestrian Bridge Development Impact Fee (DIF) program sets a procedure whereby a developer may receive authorization, reimbursement and/or credit for construction of eligible pedestrian bridges (Ordinance 2892); and WHEREAS, Otay Project, L.P. and the City entered into the Otay Ranch Pedestrian Bridge Development Impact Fee Agreement (Agreement), as amended; and WHEREAS, the developer, Otay Project, L.P., was authorized to construct certain Pedestrian Bridge Facilities between Villages 5 and 6 and Pedestrian Bridge Facilities between Villages 1 and 2 pursuant to Resolution No. 2003-255 and 2005-016; and WHEREAS, Otay Project, L.P. has constructed said facilities pursuant to the terms of Ordinance 2892 and the Agreement and is eligible for reimbursement from the Pedestrian Bridge DIF Fund; and, WHEREAS, Otay Project, L.P. has submitted its reimbursement requests in accordance with the Agreement and the Engineering and General Services Department has reviewed these requests and determined eligible construction costs; and WHEREAS, City staff has determined that the amount of eligible costs are: $1,169,103.26 for the West Pedestrian Bridge and $774,273.13 for the East Pedestrian Bridge, for a total amount of$I,943,376.39; and WHEREAS, the Pedestrian Bridge DIF has an available fund balance of$I,228,169.00, to reimburse the Developer for the remaining eligible costs; and WHEREAS, the total eligible construction costs for these two facilities exceeds the amounts available from the funding sources, CFDs and Pedestrian Bridge DIF fund, according to Section 13 of the Agreement, the Developer may then apply the balance as a credit against future Otay Ranch Pedestrian Bridge Development Impact Fee obligations. J:\Allomey\FINAL RESOSI1008\04 22 08\#4]ed Bridge Fund Amendment {105M Redlir4_'m22.doe Resolution No. 2008- Page 2 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista amends the Fiscal Year 2008 budget and appropriates $1,228,169.00 from the available fund balance in the Otay Ranch Villages 1,2, 5, and 6 Pedestrian Bridge Development Impact Fee funds to reimburse Otay Project, L.P. for the construction of the East and West Olympic Parkway Pedestrian Bridges. Presented by: Approved as to form by: Jack Griffin Director of Engineering and General Services ~) ~~ Moor City Attorney J:\Attomey\RESO\FINANCE\Ped Bridge Fund Amendment (JDSM RedlineL04-22-o8.do04- 2 3