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HomeMy WebLinkAbout2006 CC RESO 2006-244 CDCRESOLUTION NO. 2006 — 244 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE CHAIRMAN TO EXECUTE AN EXCLUSIVE NEGOTIATING AGREEMENT WITH HOME DEPOT U.S.A., INC. AND PACIFIC STEEL, INC. FOR PARCELS CONSISTING OF APPROXIMATELY 15 ACRES ON CLEVELAND AVENUE IN NATIONAL CITY'S REDEVELOPMENT PROJECT AREA WHEREAS, the Home Depot U.S.A., Inc. and Pacific Steel, Inc. have signed a Letter of Intent to cooperatf_vely work on plans for a redevelopment project on properties owned and leased by Pacific Steel, Inc. as well as other adjacent properties; and WHEREAS, the Home Depot U.S.A., Inc. and Pacific Steel, Inc. have requested an Exclusive Negotiation Agreement with the Community Development Commission to set aside a 180 day period in which to attempt to plan such a project; and WHEREAS, if feasible the proposed redevelopment project will benefit the Redevelopment Project Area and help to increase the fiscal sustainability of both the Community Development Commission and the City of National City. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby authorizes the Chairman to execute an Exclusive Negotiation Agreement with Home Depot U.S.A.., Inc. and Pacific Steel, Inc. for Parcels on Cleveland Avenue (APN 559-051-09, 11, 12, 559-056-03, 559-071-04, 559-076-01, 02, 09, 10, 559-076-06, 559-076-03, 559-040-46, 47, 48, 52, 559-010-04, 559-051-04, 08, 10, 559-076-11, 559-076-04, and 05) in the National City Redevelopment Project area. PASSED AND ADOPTED this 21st day of November, 2006. hzun °` , Chairman APPROVED AS TO FORM: George H. Eiser, III Legal Counsel Passed and adopted by the Community Development Commission of National City, California, on November 21, 2006, by the following vote, to -wit: Ayes: Councilmembers Inzunza, Morrison, Natividad, Parra. Nays: None. Absent: Zarate. Abstain: None. AUTHENTICATED BY: NICK INZUNZA Chairman Community Devel Bent Commission Secretary Comrifyveent Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2006-244 of the Community Development Commission of the City of National City, California, passed and adopted on November 21, 2006. Secretary Community Development Commission By: Deputy