HomeMy WebLinkAbout2008 CC RESO 2008-168 CDCRESOLUTION NO. 2008 — 168
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY
APPROVING AN EXCLUSIVE NEGOTIATION AGREEMENT
BETWEEN THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF NATIONAL CITY; NCDSI NO. 1, LLC.;
DERR FAMILY VENTURES LP; AND DERCO PROPERTIES LLC
WHEREAS, NCDSI No. 1, LLC; Derr Family Ventures, LP; and Derco Properties,
LLC (the "Developers") are interested in developing certain real properties owned by the Derr
Family commonly referred to as the Harbor Drive-in site, constituting roughly 26 acres abutting
State Route 54 partially within the City of National City Redevelopment Project area (a portion of
"D" Avenue and Assessor Parcel Numbers 562-321-05, 562-322-01, 02, 25, 26, 27, 28 , 30, 31)
("SITE"), and partially within the City of Chula Vista (a portion of "D" Avenue and Assessor
Parcel Number 562-321-06); and,
WHEREAS, the Community Development Commission (CDC) owns 1.34 acres
of vacant land, which is suitable for redevelopment (APN 562-321-08) within the National City
Redevelopment Project; and
WHEREAS, due diligence activities under an Exclusive Negotiation Agreement
are consistent with the goals of the Redevelopment Plan for the National City Redevelopment
Project and provide the potential to meet objectives of the National City Strategic Plan; and
WHEREAS, the Developers and the Community Development Commission wish
to enter an Exclusive Negotiation Agreement for a period of 365 days.
NOW, THEREFORE, BE IT RESOLVED that the Community Development
Commission of the City of National City hereby approves the Exclusive Negotiation Agreement
by and between the Community Development Commission of the City of National City; NCDSI
No. 1, LLC.; Derr Family Ventures, LP; and Derco Properties, LLC. Said Agreement is on file in
the office of the City Clerk.
PASSED and ADOPTED this 19th dTy of August
ATTEST:
Bra •y' Secretary
APPROVED AS TO FORM:
George H. Eiser, Ill
Legal Counsel
on Morrison, Chairman
Passed and adopted by the Community Development Commission of the City of
National City, California, on August 19, 2008, 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
Secreta evelopment Commission
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2008-168 of the Community Development Commission of the City
of National City, California, passed and adopted on August 19, 2008.
Secretary, Community Development Commission
By:
Deputy