HomeMy WebLinkAbout2008 CC RESO 2008-103 CDCRESOLUTION NO. 2008 — 103
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY
AUTHORIZING THE CHAIRMAN TO EXECUTE
AMENDMENT NO. 4 TO THE DISPOSITION AND DEVELOPMENT
AGREEMENT BETWEEN THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY
AND CONSTELLATION PROPERTY GROUP
WHEREAS, the Community Development Commission ("CDC") and
Constellation Property Group, a Delaware limited partnership, ("Developer") entered into a
Disposition and Development Agreement ("DDA") dated August 30, 2005; and
WHEREAS, the CDC desires to further amend the DDA to provide increased
flexibility for the achievement of the success of the Project by defining "Residential Units" set
forth in Section 100 of the DDA as approximately 91,199 square foot, four story short term rental
residential project (excluding hotel and motel units) consisting of approximately 61 extended stay
residential units and approximately 72 parking spaces, with a structure height not to exceed 50
feet.
NOW, THEREFORE, BE IT RESOLVED that the Community Development
Commission of the City of National City hereby approves Amendment No. 4 to the Disposition
and Development Agreement between the Community Development Commission of the City of
National City and Constellation Property Group. Said Amendment No. 4 to the Disposition and
Development Agreement is on file in the office of the City Clerk.
PASSED and ADOPTED this 3rd day of Jun
Ron Morrison, Chairman
ATTEST:
Bra. �;.� , Secretary
APPROVED AS TO FORM:
George H. Eiser, III
Legal Counsel
Passed and adopted by the Community Development Commission of the City of
National City, California, on June 3, 2008, by the following vote, to -wit:
Ayes: Commissioners Morrison, Parra, Ungab, Zarate.
Nays: None.
Absent: Commissioner Natividad.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman, Community Development Commission
Secretag:lr�rnrrt�SftyUevelopment Commission
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2008-103 of the Community Development Commission of the City
of National City, California, passed and adopted on June 3, 2008.
Secretary, Community Development Commission
By:
Deputy