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HomeMy WebLinkAboutReso 2009-065RESOLUTION N0.2009-065 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AWARDING ATHREE-YEAR CONTRACT WITH TWO OPTIONAL, CONSECUTIVE ONE-YEAR EXTENSIONS FOR ASSESSMENT DISTRICT AND COMMUNITY FACILITIES DISTRICT JUDICIAL FORECLOSURE SERVICES TO STRADLING, YOCCA, CARLSON AND RAUTH, AND AUTHORIZING THE CITY MANAGER TO NEGOTIATE THE TWO ONE-YEAR EXTENSIONS AND EXECUTE ALL RELATED DOCUMENTS WHEREAS, the purpose for hiring outside personnel to perform assessment district and community facilities district judicial foreclosure services is speed, expertise and cost; and WHEREAS, the proposed action will retain the services of Stradling, Yocca, Cazlson and Rauth to perform judicial foreclosure services on City Assessment Districts and Community Facilities Districts and coordinate the collection of all delinquent installment payments on these Districts as requested by the City, for the time period of January 1, 2009, to June 30, 2012, plus two optional consecutive one-year periods; and WHEREAS, the proposed action will ensure that providing these required services fulfills the City's fiduciazy responsibility to the bondholders and that all costs associated with these services and the collections of delinquent assessments are recovered from the delinquent property owners at no expense to the City. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby award a three-yeaz contract with two optional, consecutive one-yeaz extensions for Assessment District and Community Facilities District judicial foreclosure services to Stradling Yocca Carlson and Rauth, on file in the Office of the City Clerk. BE IT FURTHER RESOLVED, that the City Manager is authorized to negotiate the two one-year extensions to the Agreement, and to execute all related documents on behalf of the City of Chula Vista. Presented by Richard A. Hopkirfs Public Works Director Approved as to form by Resolution No. 2009-065 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 24th day of Mazch 2009 by the following vote: AYES: Councilmembers: NAYS: Councilmembers: ABSENT: Councilmembers: ABSTAIN: Councilmembers: ATTEST: Bensoussan, Castaneda, Ramirez, and Cox None None McCann l.~ Cheryl Cox, ayo ~- G~ /YoI/~c:4 Donna R. Norris, CMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Noms, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2009-065 was duly passed, approved, and adopted by the City Council at a regulaz meeting of the Chula Vista City Council held on the 24th day of Mazch 2009. Executed this 24th day of Mazch 2009. Donna R. Norris, MC, City Clerk