HomeMy WebLinkAbout2010 CC RESO 2010-17 CDC Tierra West Advisors, Inc. - Redevelopment Plan AmendmentRESOLUTION NO. 2010 — 17
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF NATIONAL CITY AUTHORIZING THE CHAIRMAN
TO EXECUTE AN AGREEMENT IN AN AMOUNT NOT TO EXCEED
$170,965 BY AND BETWEEN THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY AND
TIERRA WEST ADVISORS, INC., TO PROVIDE PROFESSIONAL
REAL ESTATE AND REDEVELOPMENT CONSULTING SERVICES
TO AMEND THE REDEVELOPMENT PLAN FOR
THE NATIONAL CITY REDEVELOPMENT PROJECT
WHEREAS, a competitive search for a qualified firm to assist with a
Redevelopment Plan Amendment was conducted by the Community Development Commission
of the City of National City ("CDC"); and
WHEREAS, the CDC interviewed three qualified firms to perform required
services and found that Tierra West Advisors, Inc., provided the best proposal and the lowest
price; and
WHEREAS, Tierra West Advisors, Inc., is qualified, willing, and able to leverage
the necessary research and scope of the Redevelopment Plan Amendment to concurrently
accomplish a public infrastructure inventory within the Redevelopment Project Areas for the
Engineering Division and certain exterior structural observations that will assist with Code
Compliance efforts, saving the City significant time and resources; and
WHEREAS, the purpose of the Redevelopment Plan Amendment is:
• To extend the Redevelopment Project Area for a period of 10 years;
• To increase the local contribution of tax increment into the Affordable Housing Fund
from 20-percent of tax increment to 30-percent of tax increment; and
• Extend the CDC's existing authority of eminent domain for a period of 12 years.
NOW, THEREFORE, BE IT RESOLVED that the Community Development
Commission of the City of National City hereby authorizes the Chairman to execute an
Agreement in an amount not to exceed $170,965 by and between the Community Development
Commission of the City of National City and Tierra West Advisers, Inc., to provide professional
services to amend the Redevelopment Plan for the National City Redevelopment Project. Said
Agreement is on file in the office of the City Clerk.
ATTES
PASSED and ADOPTED this 2nd day of Febru 2010.
Ron Morrison, Chairman
APPROVED AS TO FORM:
n LaLs-
Secretary George H. Eiser, III
City Attorney
Passed and adopted by the Community Development Commission of the City of
National City, California, on February 2, 2010, by the following vote, to -wit:
Ayes: Commissioners Morrison, Parra, Sotelo-Solis, Van Deventer, Zarate.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman, Community Development Commission
Secre6 Cernfl unity Development Commission
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2010-17 of the Community Development Commission of the City of
National City, California, passed and adopted on February 2, 2010.
Secretary, Community Development Commission
By:
Deputy