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HomeMy WebLinkAboutRDA Reso 2008-1996 RDA RESOLUTION NO. 2008-1996 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA WAIVING THE FORMAL CONSULTANT SELECTION PROCESS AND APPROVING AN AGREEMENT WITH ECONOMIC AND PLANNING SYSTEMS, INC. FOR FINANCIAL FEASIBILITY ANALYSIS FOR PROJECTS IN THE MERGED BA YFRONTITOWN CENTRE I PROJECT AREA WHEREAS, the Redevelopment Agency of the City of Chula Vista (Agency) and Economic and Planning Systems, Inc. (EPS) entered into an Agreement dated June 28, 2005 (Original Agreement), where EPS agreed to provide independent economic advice in support of future dealings regarding economic and fiscal relationships among the San Diego Unified Port District (Port), prospective lessees of Port-controlled lands, private owners of property within the Bayfront Master Plan area, and the City; and WHEREAS, the Agency and EPS entered into the First Amendment to the Original Agreement dated January 10, 2006, where EPS agreed to develop a Fiscal Impact Model to analyze the fiscal impacts of new development within the Bayfront Master Plan area; and WHEREAS, the Agency and the City, along with the Port, are in negotiations with Gaylord Entertainment Company (Gaylord) for the proposed development of a hotel and convention center in the Merged Bayfront/Town Centre I Redevelopment Project Area; and WHEREAS, the Agency and EPS entered into a Second Amendment to the Original Agreement dated March 8, 2007, where EPS agreed to analyze the financial feasibility of the proposed Gaylord development using its Fiscal Impact Model and to conduct a peer review on the Economic Research Associates fiscal model and pro forma to analyze development proposals in the other Redevelopment project areas; and WHEREAS, the Original Agreement, including the amendments to that Agreement, expired on December 31, 2007; and WHEREAS, to further the negotIatIOns with Gaylord, staff recommends that EPS continue to assist with negotiations of the proposed Gaylord development using its Fiscal Impact Model; and WHEREAS, staff recommends that the Agency waive the formal consultant selection process outlined in Municipal Code section 2.56.110 because the proposed scope of work for the agreement with EPS is a natural extension of its past work for the Agency and the City, making it impractical to solicit proposals. RDA Resolution No. 2008-1996 Page 2 NOW THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of Chula Vista that it waives the formal consultant selection process and approves an agreement with Economic and Planning Systems, Inc. for financial feasibility analysis for projects in the Merged BayfrontlTown Centre I Project Area. Presented by Approved as to form by J( ~CM~~\\ Bart Miesfeld Interim City Attorney Maria achadoorian Finance Director PASSED, APPROVED, and ADOPTED by the Redevelopment Agency of the City of Chula Vista, California, this 10th day of June 2008, by the following vote: A YES: Agency Members: McCann, Rindone, and Cox NAYS: Agency Members: Ramirez ABSENT: Agency Members: None ABSTAIN: Agency Members: Castaneda ATTEST: ~lg ~ Cheryl Cox,~airp son d~ Eric Crockett, Secretary STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Eric Crockett, Secretary of the ChuJa Vista Redevelopment Agency, do hereby certify that the foregoing RDA Resolution No. 2008-1996 was duly passed, approved, and adopted by the Redevelopment Agency at a special meeting held on the 10th day of June 2008. Executed this 10th day of June 2008. /~ Eric Crockett, Secretary