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HomeMy WebLinkAbout2007 CC RESO 2007-242 CDCRESOLUTION NO. 2007 — 242 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 "8"' 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 8`h 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 16th day of Octob 007. on Morrison, Chairman ATTEST: Bra .• •, ecretary APPROVED AS TO FORM: George H. Eiser, III Legal Counsel Passed and adopted by the Community Development Commission of the City of National City, Califomia, on October 16, 2007, by the following vote, to -wit: Ayes: Commissioners Morrison, Natividad, Parra, Ungab, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Secrets `ram. . Development Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2007-242 of the Community Development Commission of the City of National City, Califomia, passed and adopted on October 16, 2007. Secretary, Community Development Commission By: Deputy