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HomeMy WebLinkAbout2010 CC RESO 2010-104 CDCRESOLUTION NO. 2010 — 104 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE CHAIRMAN TO EXECUTE THE MAY 2010 AMENDMENT TO THE EXCLUSIVE NEGOTIATION AGREEMENT BETWEEN THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AND MARINA GATEWAY DEVELOPMENT COMPANY FOR THE MARINA GATEWAY SITES NORTH OF BAY MARINA DRIVE WHEREAS, on May 18, 2004, the Community Development Commission of the City of National City ("CDC") and Marina Gateway Development Company, LLC, ("Marina Gateway") entered into an Exclusive Negotiation Agreement ("ENA') for Marina Gateway to explore the feasibility of redeveloping the property located at 720 West 23rd Street, (commonly known as the Ace Metals Site — APN 559-118-02) of the City of National City Harbor Redevelopment Plan (the "Site"); and WHEREAS, on June 19, 2007, the CDC entered into a new Agreement with Marina Gateway to develop at least two restaurants on two blocks identified as 720 West 23rd Street, a vacant parcel immediately west of this site contiguous to the Caltrans right of way for Interstate 5, and the block at 835 West 24th Street (APNs. 559-117-04, 559-117-05, 559-117- 06, 559-117-07, and 559-117-12); and WHEREAS, on February 19, 2008, the CDC and Marina Gateway entered into a Memorandum of Understanding to jointly retain a marketing company to assist with tenant recruitment for the sites; and WHEREAS, on June 16, 2009, the CDC and Marina Gateway amended the ENA to allow for more time due to a national economic downturn that hindered tenant recruitment; and WHEREAS, while the economic downturn continues, the CDC and Marina Gateway are considering long term redevelopment opportunities for the Harbor District Redevelopment Project Area, including the sites subject to this ENA; and WHEREAS, the CDC and Marina Gateway desire to extend the term of the June 2009 Amendment to the ENA for one (1) additional year in which to allow for economic recovery and identify end users for the ENA sites, with Marina Gateway providing written reports to the CDC staff every 30 days to report on progress and/or problems with the proposed redevelopment. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby authorizes the Chairman to execute the May 2010 Amendment to the Exclusive Negotiation Agreement with the Resolution No. 2010 — 104 Page 2 Marina Gateway Development Company for the Marina Gateway sites north of Bay Marina Drive identified as APNs. 559-118-002, 559-117-004, 559-117-005, 559-117-006, 559-117-007, and 559-117-12, and the adjacent vacant parcel immediately adjacent to the Caltrans right-of- way for Interstate 5. Said Amendment to Exclusive Negotiation Agreement is on file in the office of the City Clerk. PASSED and ADOPTED this 18th day of May, 2010. (2—#71214:4-on Morrison, Chairman ATTES Bra • ::� :: n, Secretary APPROVED AS TO FORM: 7 George H.)is�III City Attorney Passed and adopted by the Community Development Commission of the City of National City, California, on May 18, 2010, by the following vote, to -wit: Ayes: Commissioners Morrison, Sotelo-Solis, Van Deventer, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Secretary, Community Development Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2010-104 of the Community Development Commission of the City of National City, California, passed and adopted on May 18, 2010. Secretary, Community Development Commission By: Deputy