Form Rev 3/6/2023
RESOLUTION NO. __________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING AN AGREEMENT WITH
KEYSER MARSTON ASSOCIATES, INC. TO PROVIDE
EVALUATION AND TRANSACTION STRUCTURING
SERVICES TO ASSIST IN EVALUATING THE BAYVIEW
POINT, LLC PROJECT AT 707 F STREET AND 750 E STREET
WHEREAS, on December 18, 2018, the City of Chula Vista formalized a partnership with the San Diego Metropolitan Transit System (MTS) to seek partners that would develop a high density, mixed use, transit-oriented development on the City-owned 707 F Street and MTS-owned 750 E Street properties (Project); and
WHEREAS, on April 18, 2019, the City released a Joint Request for Qualifications/Request for Proposals (RFQ/RFP) solicitation to identify the most qualified development teams that would develop a high quality Project with seamless planning and des ign across the nearly ten (10) acres; and
WHEREAS, on October 18, 2022, the City Council approved a three -party Exclusive Negotiation Agreement with MTS and Bayview Point, LLC such that the three parties could work together to refine the proposal, evaluate the project financials, a negotiate the terms of subsequent transactions; and
WHEREAS, the City solicited qualifications in accordance with the City of Chula Vista Municipal Code Section 2.26.090 for Economic, Market and Financial Consulting Services, received eight (8) proposals and City and MTS selected Consultant as the most qualified among those submitting to perform Economic, Market and Financial Consulting Services to solicit and evaluate development qualifications and proposals for City -owned 707 F Street and 750 E Street in Chula Vista; and
WHEREAS, on December 18, 2018, the City Council approved a professional services agreement with Consultant to provide economic, financial, and market consulting services to assist the City and MTS in evaluating financial components of the Project; and
WHEREAS, the existing agreement with Consultant concludes December 31, 2024; and
WHEREAS, in order to procure these services Consultant was chosen based on its unique qualifications, including its familiarity and previous work on th e Project; on this basis, the City desires to award Consultant a contract in accordance with Chula Vista Municipal Code section
2.56.110.H.2 because competitive bidding is impractical or impossible and the City’s interest is materially better served by applying a different purchasing procedure.
Resolution No.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it waive s the competitive bidding requirement pursuant to Chula Vista Municipal Code sections 2.56.110.H.2 and 2.56.070.B4, sole source.
BE IT FURTHER RESOLVED by the City Council of the City of Chula Vista, that it approves the agreement with Keyser Marston Associates, Inc., to provide evaluation and evaluation and transaction structuring services to assist City staff in evaluating the Bayview Point, LLC project at 707 F Street and 750 E Street, 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.
Presented by Approved as to Form by
______________________ ______________________
Tiffany Allen Marco A. Verdugo
Assistant City Manager City Attorney