HomeMy WebLinkAboutCC RESO 2017-102RESOLUTION NO. 2017 — 102
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
AUTHORIZING THE CITY MANAGER TO EXECUTE AN EXCLUSIVE
NEGOTIATING AGREEMENT BY AND BETWEEN THE CITY OF NATIONAL CITY
AND IDNP HOLDINGS, LLC, FOR THE DEVELOPMENT OF CERTAIN REAL
PROPERTY LOCATED AT 130 EAST 8TH STREET IN NATIONAL CITY
WHEREAS, the City owns certain real property generally located at East 8th
Street and "B" Avenue, with an address of 130 East 8th Street in the City of National City,
County of San Diego, California ("Property"); and
WHEREAS, the Property was designated as a site for future development by
the Revised Long Range Property Management Plan approved by the State of California
Department of Finance for properties previously owned by the Successor Agency to
Community Development Commission of the City of National City as the National City
Redevelopment Agency ("Successor Agency"); and
WHEREAS, the final disposition of the property is subject to the City accepting
the findings in a summary report pursuant to California General Code Section 52201 and the
execution of a Compensation Agreement with the affected taxing entities; and
WHEREAS, IDNP Holdings, LLC ("IDNP Holdings"), desires to develop the
Property generally in accordance with their response to that certain Downtown National City
Smart Growth Request for Proposals ("RFP") issued by the City dated March 15, 2017; and
WHEREAS, the City and IDNP Holdings desire to negotiate any and all
agreements reasonably necessary for the City to transfer its fee interest in the Property to
IDNP Holdings and for IDNP Holdings to develop the Property as generally set forth in the
their response to the RFP (which development shall be referred to herein as, the "Project");
and
WHEREAS, the purpose of an Exclusive Negotiating Agreement is to establish
a period during which IDNP Holdings shall have the right to exclusively negotiate with the
City the terms of the transfer of the fee interest in of the Property to IDNP Holdings and the
implementation of the Project.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
National City hereby authorizes the City Manager to execute an Exclusive Negotiating
Agreement by and between the City of National City and IDNP Holdings, LLC, for the
development of certain real property generally located at East 8th Street and "B" Avenue, with
an address of 130 East 8th Street in the City of National City, County of San Diego, California.
The Exclusive Negotiating Agreement is on file in the office of the City Clerk.
[Signature Page to Follow]
Resolution No. 2017 — 102
Page Two
PASSED and ADOPTED this 20th day of June,
Ron Morrison, Mayor
ATTEST:
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Michael R. Dalla, ity Clerk
APPROVED AS TO FORM:
Passed and adopted by the Council of the City of National City, California, on June 20,
2017 by the following vote, to -wit:
Ayes: Councilmembers Cano, Mendivil, Morrison, Rios, Sotelo-Solis.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY:
By:
RON MORRISON
Mayor of the City of National City, California
r
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City C rk of the City o National City, California
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2017-102 of the City of National City, California, passed and
adopted by the Council of said City on June 20, 2017.
By:
City Clerk of the City of National City, California
Deputy