HomeMy WebLinkAboutRDA Reso 2008-1999
RDA RESOLUTION NO. 2008-1999
(City Council Resolution No. 2008-195)
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 3 I, 2008,
AUTHORIZING THE CITY MANAGERlEXECUTIVE DIRECTOR
TO EXECUTE AMENDMENT NO. 3 TO THE LETTER OF
INTENT ON BEHALF OF THE CITY AND THE
REDEVELOPMENT AGENCY, AND AUTHORIZING THE CITY
MANAGERlEXECUTIVE 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 of Chula 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 ofChula Vista
approved an Addendum and reconsidered that approval to the Addendum, to the LOI 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. I 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
RDA Resolution No. 2008-1999
Cily Council Resolution No. 2008-195
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 Lor extending the term of the Lor to
February 28, 2008, pursuant to RDA resolution No. 2007-1985 and City Council Resolution No.
2007-286; and
WHEREAS, the City Council and the Redevelopment Agency of the City of Chula Vista
approved Amendment No.2 to the Letter of lntent which allowed for the extension of the term of
the Lor to February 28, 2008 pursuant to RDA resolution No. 2008-1991 and City Council
Resolution No. 2008-062; and
WHEREAS, pursuant to that Resolution, the City Council and the Redevelopment
Agency authorized the City Manager/Executive Director to approve and execute an additional
60-day extension of the term of the Letter ofIntent 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 LOI be extended until December 31,
2008; and
WHEREAS, staff is also recommending that the City Manager/Executive 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 City of Chula Vista and
the Redevelopment Agency of the City of Chula Vista as follows:
I. 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 lntent through
December 31, 2008.
2. That it authorizes the City Manager/Executive Director to execute Amendment No.3 to the
Letter ofIntent on behalf ofthe City and the Redevelopment Agency.
3. That it authorizes the City Manager/Executive Director to approve and execute an additional
six-month extension of the term of the Letter ofIntent through June 30, 2009, on behalf of
the City and the Redevelopment Agency, if needed.
RDA Resolution No. 2008-1999
City Council Resolution No. 2008-195
Page 3
Presented by
Approved as to form by
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Denny Stone
Economic Development Officer
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Bart C. Miesfeld
Interim City Attorney
PASSED, APPROVED, and ADOPTED by the Redevelopment Agency and the City
Council of the City ofChula Vista, California, this 22nd day of July 2008, by the following vote:
AYES: Agency/Councilmembers: McCann, Ramirez, and Cox
NAYS: Agency/Councilmembers: None
ABSENT: Agency/Councilmembers: Rindone
ABSTAIN: Agency/Councilmembers: Castaneda
ATTEST:
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Eric Crockett, Secretary
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
)
)
)
I, Eric Crockett, Secretary of the Redevelopment Agency of the City of Chula Vista, California,
do hereby certify that the foregoing Redevelopment Agency Resolution No. 2008-1999/City
Council Resolution No. 2008-195 was duly passed, approved, and adopted by the
Redevelopment Agency and Chula Vista City Council at a regular meeting held on the 22nd day
of July 2008.
Executed this 22nd day of July 2008.
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Eric Crockett, Secretary
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