San Diego

City Council

June 03, 2025 Item #101

Agenda Item 101

Item 101:\nFifth Amendment to Disposition and Development Agreement with SDEEC LLC for\nthe San Diego Energy Equity Campus at the Valencia Business Park (5515-5565\nStevens Way).\nTotal Estimated Cost of Proposed Action and Funding Source:\nThere is no cost associated with this action.\nCouncil District(s) Affected: 4.\nProposed Actions:\n(R-2025-571)\nResolution of the Council of the City of San Diego approving a Fifth Amendment to the\nDisposition and Development Agreement between the City of San Diego and SDEEC\nLLC for the Valencia Business Park site in the Encanto Neighborhood Community\nPlanning Area.\nCommittee Actions Taken:\nThis item was heard at the Economic Development and Intergovernmental Relations\nCommittee meeting on May 14, 2025.\nACTION: Motion by Chair Campillo, second by Committee Member Campbell, to\nrecommend Council approval of staff's proposed actions.\nVOTE: 4-0; Campillo-yea, Foster III-yea, Campbell-yea, Lee-yea.\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Kate Malcolm