RESOLUTION NO. 2022-__________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA WAIVING THE CITY’S CONSULTANT
SELECTION PROCESS AND APPROVING AN EXCLUSIVE
LEASE LISTING AGREEMENT WITH CBRE GROUP, INC.
FOR MILLENIA LOTS 1 AND 7
WHEREAS, City desires to attract and locate a multi-institutional, bi-national university in Eastern Chula Vista on 383.7 acres of City -owned land (“University -Innovation District”); and
WHEREAS, City is launching the University-Innovation District on Lot 1 and 7 of Millenia as a way to reduce cost per acre development; and
WHEREAS, on Lot 7 of Millenia, City is constructing a 168,000 square foot Class “A” office building (“Cinematic Arts Academic Center & Library”) with approximately 60,000 square feet planned for a new City library, approximately 50,000 square feet planned for a university tenant, 58,000 square feet planned for talent attraction of a qualified industry user to pay market rate rent; and
WHEREAS, City requires a qualified broker to list and market the available opportunities within the Cinematic Arts Academic Center & Library as well as additional development opportunities on Lot 7 of Millenia; and
WHEREAS, City requires a qualified broker to list and market the available opportunities on Lot 1 of Millenia to seek high-quality, credit tenants who contribute to the overall vision and value of the University-Innovation District and would locate within the 1.7 million square feet available on Lot 1; and
WHEREAS, City requires the expertise of a profe ssional services consultant to act as a landlord representative for the City and provide marketing services to leverage CBRE’s extensive network of occupiers, higher education, life sciences, and tech relationships, to ensure the University-Innovation District’s Millenia offerings will be marketed to both local firms looking to relocate or add additional space, and national/international firms looking to enter the Chula Vista market or expand their current presence; and
WHEREAS, Consultant is the largest and most successful commercial real estate services firm in the world, with significant and varied resources, including a dedicated Public Institutions Education Solutions business group which has advised over 100 non -federal agencies and universities on complicated and high -profile projects, and consultant provides access to development, university, public-private partnership specialists and local market experts to execute a transaction in the best interests of the City; and
WHEREAS, Consultant is the listing broker for the larger 383 -acre University -Innovation District site as approved by the City Council on February 15, 2022 and as such, consultant has valuable knowledge and experience working on the University-Innovation District project and are best equipped to continue this work in Millenia; and
Resolution No.
WHEREAS, based upon the above-described qualifications, performance capabilities and experience, and the substantial work that Consultant has already performed for City under a separate but related contract regarding the University -Innovation District project, City has determined that Consultant is uniquely qualified to perform the Required Services and has waived the City’s competitive bidding requirements pursuant to Chula Vista Municipal Code Section
2.56.070(B)(3) (City’s interests are better served by an alternative procurement mechanism) and
2.56.070.B(4) (sole source exemption); and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista, hereby:
1. Finds with respect to the proposed two -party agreement (“Agreement”) between the City and CBRE Group, Inc. (“CBRE”) for real estate advisement, marketing and brokerage services (“Agreement”), based on the facts set forth above, that City’s interests are be tter served by an alternative procurement mechanism (per CVMC
2.56.070(B)(3) and that CBRE is uniquely qualified to perform the proposed services (per CVMC 2.56.070.B(4) ), and therefore waives the City’s consultant selection process with respect to the Agreement; and
2. Approves the Agreement in the form presented, with such minor modifications as may be required or approved by the City Attorney, a copy of which shall be kept on file in the Office of the City Clerk; and
3. Authorizes and directs the City Manager to execute the Exclusive Lease Listing Agreement with CBRE in a final form approved by the City Attorney.
Presented by:
Eric C. Crockett
Deputy City Manager
Approved as to form by:
Glen R. Googins
City Attorney