HomeMy WebLinkAboutReso 2008-195
RESOLUTION NO. 2008-195
(Redevelopment Agency Resolution No. 2008-1999)
JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
APPROVING AMENDMENT NO. 3 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 EXTENDING THE TERM OF
THE LETTER OF INTENT THROUGH DECEMBER 31, 2008,
AUTHORIZING THE CITY MANAGER/EXECUTIVE DIRECTOR
TO EXECUTE AMENDMENT NO. 3 TO THE LETTER OF
INTENT ON BEHALF OF THE CITY AND THE
REDEVELOPMENT AGENCY, AND AUTHORIZING THE CITY
MANAGER/EXECUTIVE DIRECTOR TO APPROVE AND
EXECUTE AN ADDITIONAL SIX-MONTH EXTENSION OF
THE TERM OF THE LETTER OF INTENT THROUGH JUNE 30,
2009 ON BEHALF OF THE CITY AND THE
REDEVELOPMENT AGENCY, IF NEEDED
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 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 LOl 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 term 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 LOl also contemplated the possibility
of an additional 90-day extension beyond November 30, 2007, if mutually agreed to by the
parties; and
City Council Resolution No. 2008-195
RDA Resolution No. 2008-1999
Page 2
WHEREAS, on December 4,2007, the City Council and the Redevelopment Agency of the
City of Chula Vista approved a 90-day extension to the LOl extending the term of the Lor to
February 28, 2008, pursuant to RDA resolution No. 2007-] 985 and City Council Resolution No.
2007-286; and
WHEREAS, the City Council and the Redeve]opment Agency of the City of Chula Vista
approved Amendment No.2 to the Letter of Intent which allowed for the extension of the term of
the LOI to February 28, 2008 pursuant to RDA resolution No. 2008-1991 and City Council
Reso]ution No. 2008-062; and
WHEREAS, pursuant to that Resolution, the City Council and the Redevelopment
Agency authorized the City ManagerlExecutive Director to approve and execute an additional
60-day extension of the term of the Letter of Intent through July 30, 2008 on behalf of the City
and the Redevelopment Agency; and
WHEREAS, the City Manager/Executive Director executed an Agreement to Extend the
Term of the July 25,2006 Four-Party Letter ofIntent Until July 30, 2008, extending the term of
the Letter of Intent to July 30, 2008; and
WHEREAS, the parties to the Lor still agree on the fundamental goals and objectives set
forth in the Lor, however, the parties require additional time to finalize the formal agreements
contemplated in the Lor: and
WHEREAS, staffis recommending that the term of the Lor be extended until December 3],
2008; and
WHEREAS, staff is also recommending that the City ManagerlExecutive Director be
authorized to approve and execute an additional six-month extension of the term of the LOI
until June 30, 2009.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the CityofChula Vista and
the Redevelopment Agency of the City of Chula Vista as follows:
]. That it approves Amendment No.3 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 extending the term of the Letter of Intent through
December 31, 2008.
2. That it authorizes the City ManagerlExecutive Director to execute Amendment No.3 to the
Letter of Intent on behalf of the City and the Redevelopment Agency.
3. That it authorizes the City ManagerlExecutive Director to approve and execute an additional
six-month extension ofthe term of the Letter ofIntent through June 30, 2009, on behalf of
the City and the Redevelopment Agency, if needed.
City Council Resolution No. 2008-195
RDA Resolution No. 2008-1999
Page 3
Presented by
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D~ne
Economic Development Officer
Approved as to form by
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Bart C. Miesfeld
Interim City Attorney
PASSED, APPROVED, and ADOPTED by the City Council and the Redevelopment
Agency of the City of Chula Vista, California, this 22nd day of July 2008, by the following vote:
A YES: Council/Agency members: McCann, Ramirez, and Cox
NAYS: Council/Agency members: None
ABSENT: Council/Agency members: Rindone
ABSTAIN: Council/Agency members: Castaneda
A TrEST:
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Dann R. Norris, CMC, Interim City Clerk
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
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I, Donna R. Norris, Interim City Clerk of Chula Vista, California, do hereby certify that the
foregoing City Council Resolution No. 2008-195/Redevelopment Agency Resolution No. 2008-
1999 was duly passed, approved, and adopted by the City Council and Redevelopment Agency at
a regular meeting held on the 22nd day of July 2008.
Executed this 22nd day of July 2008.
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Donna R. Norris, CMC, Interim City Clerk