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HomeMy WebLinkAboutResolutionRESOLUTION NO. 2011 — 61 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY ("CDC") AUTHORIZING THE CHAIRMAN TO EXECUTE THE SECOND AMENDMENT TO THE EXCLUSIVE NEGOTIATION AGREEMENT BY AND BETWEEN THE CDC AND THE RELATED COMPANIES OF CALIFORNIA AND COMMUNITY HOUSING WORKS TO EXTEND THE TIME FOR NEGOTIATION UNTIL SEPTEMBER 30, 2011, FOR THE WESTSIDE INFILL TRANSIT ORIENTED DEVELOPMENT WHEREAS, among its responsibilities the Community Development Commission of the City of National City ("CDC") develops, preserves and maintains affordable housing projects within the National City Redevelopment Project areas; and WHEREAS, as described in the Westside Specific Plan, the CDC is contemplating the potential development of an affordable Infill housing project called the Westside Infill Transit Oriented Development ("W-TOD"); and WHEREAS, a community design process and a competitive recruitment for developers was conducted; and WHEREAS, The Related Companies of California and Community Housing Works were awarded an Exclusive Negotiation Agreement ("ENA") on March 3, 2009, as a result of said process; and WHEREAS, on March 3, 2010, the First Amendment to ENA was executed by the Executive Director as allowed by the ENA, with an expiration date of March 11, 2011; and WHEREAS, CDC and The Related Companies of California and Community Housing Works (collectively, "Developer") have been cooperating on the planning and development of the Site; and WHEREAS, Substantial progress has been made in the following: 1. Preparation of a Conceptual Site Plan; 2. Award of four grants including California Prop IC Infill Infrastructure ($11.2 million), local HOME funds grant ($115,000), California Prop IC Catalyst Projects for California ($500,000) and federal EPA Sustainability Pilot ($130,000 technical assistance); and 3. Completion of environmental assessments of soil and groundwater conditions at the site. WHEREAS, the CDC and Developer desire to extend the expiration of the ENA until September 30, 2011, to provide more time to finalize negotiations for a proposed Disposition and Development Agreement to accomplish the WI-TOD Project; and WHEREAS, with the foregoing exception, each and every provision of the Exclusive Negotiation Agreement entered into on March 3, 2009, shall remain in full force and effect. Resolution No. 2011 — 61 Page Two NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby authorizes the Chairman to execute the Second Amendment to the Exclusive Negotiation Agreement by and between the Community Development Commission of the City of National City and The Related Companies of California and Community Housing Works extending the expiration period to September 30, 2011. Said Second Amendment is on file in the office of the City Clerk. PASSED and ADOPTED this 1st day of March, 2011. Ron Morrison, Chairman ATTEST: Brad Raulston, Secretary APPROVED AS TO FORM: Claudia G. Silva CDC General Counsel