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HomeMy WebLinkAbout2007 CC RESO 2007-236 CDCNOT ADOPTED RESOLUTION NO. 2007-236 A "RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE CHAIRMAN TO EXECUTE AN AGREEMENT REVISING SECTION 21 OF THE 8TH AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT WITH MARINA GATEWAY DEVELOPMENT COMPANY, LLC." (City Attorney) This Resolution was not adopted at the City Council / Community Development Commission Meeting of October 2, 2007. DATE: October 4, 2007 ichael R. alla, CMC City Clerk of the City of National City No* Aclopie4 RESOLUTION NO. 2007 — 236 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE CHAIRMAN TO EXECUTE AN AGREEMENT REVISING SECTION 21 OF THE 8TH AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT WITH MARINA GATEWAY DEVELOPMENT COMPANY, LLC WHEREAS, on September 18, 2007, the Community Development Commission of the City of National City ("CDC") adopted Resolution No. 2007-225, approving the 8th Amendment to Disposition and Development Agreement (the "8th Amendment") with Marina Gateway Development Company, LLC ("MGDC"), pertaining to the Marina Gateway Project (the "Project"); and WHEREAS, the main purpose of the 8th Amendment was to provide for the conveyance by the CDC to MGDC of land somewhat less in area than originally contemplated in the DDA, with the CDC retaining a portion of land over which it would grant an easement to MGDC; and WHEREAS, Section 21 of the 8th Amendment amended Section 403 of the DDA pertaining to MGDC's maintenance and regulatory compliance responsibilities; and WHEREAS, the CDC and MGDC now desire to revise Section 21 of the 8th Amendment to further clarify MGDC's responsibilities under Section 403 of the DDA. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby authorizes the Chairman to execute an Agreement Revising Section 21 of the 8th Amendment to the Disposition and Development Agreement with Marina Gateway Development Company, LLC. Said Agreement is on file in the office of the City Clerk. PASSED and ADOPTED this 2nd day of October, 2007. Ron Morrison, Chairman ATTEST: APPROVED AS TO FORM: Brad Raulston, Secretary George H. Eiser, III, Legal Counsel