HomeMy Public PortalAboutA1990-12-18LRAj •
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CITY OF LYf NV00D
CITY CLERKS OFFICE
DEC 131990
AM PM
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A G E N D A
LYNWOOD REDEVELOPMENT AGENCY
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December 18, 1990
REGULAR MEETING
7:30 P.M. .
LYNWOOD CITY HALL, 11330 BULLIS ROAD
ROBERT HENNING
CHAIRMAN
PAUL H. RICHARDS II LOUIS J. HEINE
VICE CHAIRMAN MEMBER
ARMANDO REA EVELYN WELLS
MEMBER MEMBER
EXECUTIVE DIRECTOR AGENCY COUNSEL
CHARLES G. GOMEZ JAMES D. CLARK
OPENING CEREMONIES:
A. Call Meeting to Order.
B. Roll Call. ( HENNING-TiEINE- REA- RICHARDS- WELLS)
C. Certification of Agenda Posting by Secretary.
PUBLIC; OItAT, COMMJJNTCn`T'
(It�•�I,ii�lin�) A�l�;n�l:1 Il:inur (InIY)
ITEM CONSIDERATION:
I. MINUTES OF PREVIOUS MI':ETING
Regular Meeting December 4, 1990
2. A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
LYNWOOD, CALIFORNIA, ALLOWING AND APPROVING THE DEMANDS AND
WARRANTS THEREFOR.
LYNWOOD REDEVELOPMENT AGENCY
11330 BULLIS ROAD
(213) 6030220
Robert Henning CHAIRMAN
Paul Richards, VICE CHAIRMAN
Louis J. Heine, MEMBER
Armando Rea, MEMBER
Evelyn Wells, MEMBER
LYNWOOD, CALIFORNIA 90262
1
0
REGULAR ITEMS
3. ENTREPRENEURIAL DEVELOPMENT ACADEMY
Comments:
0
To request Agency consideration and approval of the
Entrepreneur Development Academy of California proposal and
implementation plan for the establishment of the
Entrepreneurial Development Academy of Lynwood.
Recommendation:
Staff respectfully requests that the Agency hear the
presentation by Mr. Jess Arnold, president of Entrepreneur
Development Academy of California and, upon consideration,
approve the attached resolution entitled:
"A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
APPROVING AND AUTHORIZING IMPLEMENTATION OF THE
ENTREPRENEUR DEVELOPMENT ACADEMY PROPOSAL"
DISCUSSION ITEMS
None
CLOSED SESSION ITEMS
4. FREEDOM FORD
Comments:
Staff will report on the status of negotiations.
AGENCY ORAL AND WRITTEN COMMUNICATION
PUBLIC ORAL COMMUNICATION
ADJOURNMENT:
Motion to adjourn to a Regular Meeting of the Lynwood
Redevelopment Agency to be held January 2, 1991, at
7:30 P.M. in the Council Chambers of City Hall, 11330 Bullis
Road, Lynwood, California.
f: \redevelp \agenda \Lra \Lracvr \sf
K
REGULAR MEETING DECEMBER 4, 1990
The Redevelopment Agency of the City of Lynwood met in a
regular session in the City Hall, 11330 Bullis Road on the
above date.
Chairman Henning in the chair.
Members,Heine, Rea, Richards, Wells, Henning, answered the
roll call.
Also present were Executive Director Gomez, General Counsel
Barbosa, Secretary Hooper and Treasurer Wright.
Secretary announced the agenda had been duly posted in
accordance with The Brown Act.
PUBLIC ORAL COMMUNICATIONS:
Hearing no response, public oral communications was closed.
ITEMS FOR CONSIDERATION:
It was moved by Mr. Rea, seconded by Mr. Heine and carried,
to approve minutes of Regular Meeting November 20, 1990.
LRA RESOLUTION NO. 90 -56 entitled: "A RESOLUTION OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD, CALIFORNIA,
ALLOWING AND APPROVING THE DEMANDS AND WARRANTS THEREFOR."
was presented.
It was moved by Mrs. Wells, seconded by Mr. Rea to adopt
the resolution.
ROLL CALL:
AYES: MEMBERS HEINE, REA, RICHARDS, WELLS, HENNING
NOES: NONE
ABSENT: NONE
LRA RESOLUTION NO. 90 -57 entitled: "A RESOLUTION OF THE
LYNWOOD REDEVELOPMENT AGENCY ( "THE AGENCY'') APPROVING THE
ACQUISITION OF REAL PROPERTY KNOWN AS 11228 LONG BEACH
BOULEVARD." was presented.
It was moved by Mrs. Wells, seconded by Mr. Rea to adopt
the resolution.
ROLL CALL:
AYES: MEMBERS HEINE, REA, RICHARDS, WELLS, HENNING
NOES: NONE
ABSENT: NONE
It was moved by Mr. Richards, seconded by Mrs Wells to hear
item 4- Completion of Hopkins Development in Lynwood Towne
Center; and item 5- Approving acquisition of real property
located at 11700, 11750, and 11754 Alameda; in Closed Session.
ROLL CALL:
AYES: MEMBERS HEINE, REA, RICHARDS, WELLS, HENNING
NOES: NONE
ABSENT: NONE
It was moved by Mr. Richards, seconded by Mr. Heine to recess
to the City Council meeting Closed Session.
0
6
Chairman Henning reconvened the Redevelopment Agency meeting.
General Counsel Barbosa stated the Agency met in regards to:
a. Lynwood Towne Center, Hopkins Development - Agency
considered the proposal, action needed.
It moved by Mrs. wells, seconded by Mr. Heine to deny the
proposal from Hopkins Development, Lynwood Towne Center.
ROLL CALL:
AYES:
NOES:
ABSENT
MEMBERS HEINE, REA, RICHARDS, WELLS, HENNING
NONE
NONE
b. Acquisition of real property located at 11700, 11750,
and 11754 Alameda; these are on -going property
negotiations, no need for action.
There was no further business and it was moved by Mrs. Wells,
seconded by Mr. Rea to adjourn.
ROLL CALL:
AYES: MEMBERS HEINE, REA, RICHARDS, WELLS, HENNING
NOES: NONE
ABSENT: NONE
Chairman
APPROVED
Secretary
\I
v
RESOLUTION NO LRA
Section 2. That the Agency Secretary shall certify to the adoption of the resolution and shall
deliver a certified copy to the Agency Treasure and shall retain a copy thereof for the record.
PASSED, APPROVED AND ADOPTED THE
day of
1990
ATTEST
ANDREA L- HOOPER
SECRETARY
ROBERT HENNING
CHAIRMAN, Lynwood Redevelopment Agency
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY
OF LYNWOOD
LYNWOOD, CALIFORNIA ALLOWING AND APPROVING THE DEMANDS AND ORDERING
�
WARRANTS THEREFOR
�..
-
The Redevelopment Agency of the
City of Lyi,wood does hereby resolve
as follows
Q
Section 1. That the demands presented, having been regularly
audited, are
hereby
allowed
and
approved, and that warrants ordered drawn therefor by the Agency Treasure to
the payee and
in the
amounts
indicated
WARRANT# /DATE
PAYEE
DESC
AMOUNT
AREA A
ALAMEDA
280
12 -18 - 90
FRANK SANDERS
FINAL PYMT /SANDERS PROP
14,491.57
14,491 -57
0.00
281
12 -18 -90
SECURITY PACIFIC NAT BANK
TAX INC TRANS /F.AGT
61,027.69
61,027 -89
0.00
3142
12 -18 -90
LYNWOOD REDEVELOPMENT AGENCY
FUND TRANS /SANDERS PROP
14,491.57
14,491
57
O
00
3143
12 -I6 - 90
WILLDAN ASSOCIATES
PROFESSIONAL SVCS.
44,734.82
31,314
37
13,420
45
3144
12 -18 - 90
SPOILED CHECK
SPOILED CHECK
0.00
3145
12 -18 -90
ASBESTOS CLEAN -UP
ASBESTOS REMOVAL- SANBORN
6,500.00
6,500
00
O
00
3146
12 -16 - 90
CLARK 80ARDMAN CO., LTD
PUBL -LAND USE &ENV LAW
84.45
42.23
42
2_
3147
12 -18 -90
LYNWOOD REDEVELOPMENT AGENCY
CIP EXPENDITURES -10/90
81,159.23
81,159 -23
0
00
3147
12 -18 -90
LYNWOOD REDEVELOPMENT AGENCY
ADMIN OVERHEAD- IST.GTR
7,259
60
6,826
14
433
46
-
3147
12 -I8 - 90
LYNWOOD REDEVELOPMENT AGENCY
SAL.& BENEFITS -7/1 -9/30
23,395.61
15,761.99
7,633.62
3148
12 -18 -90
MORELAND AND ASSOCIATES
AUDIT FEES 89/90
1,661.78
830
89
830
89
3148
12 -1B -90
MORELAND AND ASSOCIATES
ACCTG ASSIST /11 -90
936.72
468.36
468
36
3149
12 -18 -90
MR. FAX
OPERATING SUPPLIES
84
45
42
23
42
22
3150
12 -18 -90
SECRETARY COFFEE SERVICE
OPERATING SUPPLIES
62.00
31.00
31
00
3151
12 -18 - 90
THE LYNWOOD WAVE
PUSL FOR GEN /PLAN
2,000 -00
11000
00
11000
00
3152
12 -18 - 90
TIMELY TEMPORARY
TEMPORARY SVCS
580.00
290
00
290
00
<* TOTAL
258,469
69
234,277
47
24,192
22
Section 2. That the Agency Secretary shall certify to the adoption of the resolution and shall
deliver a certified copy to the Agency Treasure and shall retain a copy thereof for the record.
PASSED, APPROVED AND ADOPTED THE
day of
1990
ATTEST
ANDREA L- HOOPER
SECRETARY
ROBERT HENNING
CHAIRMAN, Lynwood Redevelopment Agency
• s
DATE: December 18, 1990
TO: HONORABLE CHAIRPERSON AND MEMBERS OF TH AGENCY
FROM: Kenrick R. Karefa- Johnson, Directo
Community Development Department
SUBJECT: ENTREPRENEURIAL DEVELOPMENT ACADEMY
Purpose:
To request Agency consideration and approval of the Entrepreneur
Development Academy of California proposal and implementation
plan for the establishment of the Entrepreneurial Development
Academy of Lynwood.
Facts-
1. On November 1, 1990, consideration of this item was
agendized, but continued, in order to give the proponent
ample opportunity to prepare a comprehensive proposal.
2. On December 14, 1990, the proponent submitted a comprehensive
proposal with appendix to staff.
3. For several years, the Agency has contemplated the creation
of an entity in the Alameda Redevelopment Project Area which
would foster the development of new business.
4. In the Agency's Fiscal Year 1990 -91 Budget, $1,500,000.00 has
been allocated under Fund 24 -5121 for an Entrepreneur
Development Academy.
Analysis:
The proposal represents a unique vehicle to foster business
development in the City of Lynwood, and is therefore definitely
consistent with the Agency's objective for economic development
as set forth in the Economic Development Element of the City's
General Plan, The Entrepreneur Development Academy of
California ("EDAC") seeks to prepare local and regional
entrepreneurs to capture a substantial part of public and private
business opportunities.
These opportunities represent billions of dollars and are to be
found in projects which include, but are not limited to:
• Century Freeway Lightrail Project,
• Consolidated Transportation Corridor Project,
• Enterprise Zone Designation, and others
As such, a fundamental concern of the Academy is to connect
businesses with business opportunities. The goals of the Academy
are 1) to foster business development within the City; 2) to
increase employment opportunities for Lynwood residents; 3) to
increase youth understanding and awareness of business, and
encourage participation therein; 4) to improve the success of
Lynwood small business ventures; and 5) to expand business
opportunities with public and private entities for Lynwood -based
enterprises.
The general operating framework is
diagram, Attachment 1. It shows
training, business support and
businesses.
described in the accompanying
that the Academy will provide
technical assistance to ita
AGENDAITEM
3
The start -up pl for the Entrepreneurial ademy of Lynwood
consist of three m jor elements:
1. A lease option plan financed by the Agency.
2. A line of credit for the purpose of acquiring furnishings,
fixtures and equipment.
3. Service Agreement between Entrepreneur Development Academy of
California and the Lynwood Redevelopment Agency.
It is staff's opinion that the benefits to the community as
identified in the proposal, namely, jobs and skills development,
expansion of business activities, and the impact of elimination
of blight are very real.
Moreover, in order to minimize the element of risk that is an
inevitable aspect of any business venture, the Agency shall
diligently endeavor to expend every effort as to structure the
Entrepreneurial Capital development project in such a manner as
to yield maximum latitude to the Agency on the exercise of
control over the tangible fixed inventory and intangible assets
of the Academy. This shall afford the Agency with the ability to
secure its capital investments by means of collaterized leverage,
in the event of extenuating circumstances of liquidation.
The Agency may lease buildings from Economic Resources
Corporation (ERC) and finance adoptive rehabilitation of
structures, if needed. A program for commercial rehabilitation
may be explored to finance the latter. Agency may sub -lease the
structures to Entrepreneur Development Academy of California.
With regards to line of credit the Agency may provide such credit
for the purchase of furniture, fixtures and equipment under
condition that the materials be purchased locally, where
possible.
With regards to the service agreement, the City of Lynwood and
the Agency will contract with Entrepreneurial Development Academy
of Lynwood for needed goods and services.
Further exposition is needed regarding the following items, and
an explanation of what is meant by full operational status.
Identification of the businesses who have agreed to be a
part of the Academy's operation.
- Delineation of the plans by which "leakage of jobs and
revenues are to be minimized" for the community.
- A projected estimate of the dollar amount of the line of
credit.
Staff had the opportunity to meet with the proponents and to be
exposed to existing operations similar to several components of
the economic development concept. Those operations are within
the Rockwell complex in Downey. Staff was highly impressed with
the proponents achievements with the Rockwell company and
believes that the concept can be transferred to meet the City of
Lynwood's needs in the area of economic development.
Recommendation:
Staff respectfully requests that the Agency hear the presentation
by Mr. Jess Arnold, president of Entrepreneur Development Academy
of California and, upon consideration, approve the attached
resolution entitled:
"A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
APPROVING AND AUTHORIZING IMPLEMENTATION OF THE
ENTREPRENEUR DEVELOPMENT ACADEMY PROPOSAL"
Ira \18 \entrpnr \110290 \sf
The start -up pla•for the Entrepreneurial�ademy of Lynwood
consist of three mdjor elements:
1. A lease option plan financed by the Agency.
.r
2. A line of credit for the purpose of the acquisition of
acquiring furnishings, fixtures and equipment.
3. Service Agreement between Entrepreneur Development Academy of
California and the Lynwood Redevelopment Agency.
It is staff's opinion that the benefits to the community as
identified in the proposal, namely, jobs and skills development,
expansion of business activities, and the impact elimination of
blight are very real.
Moreover, in order to minimize the element of risk that is an
inevitable aspect of any business venture, the Agency shall
diligently endeavor to expend every effort as to structure the
Entrepreneurial Capital development project in such a manner as
to yield maximum latitude to the Agency on the exercise of
control over the tangible fixed inventory and intangible assets
of the Academy. This shall afford the Agency with the ability to
secure its capital investments by means of collaterized leverage,
in the event of extenuating circumstances of liquidation.
The Agency may lease buildings from Economic Resources
Corporation (ERC) and finance adoptive rehabilitation of
structures, if needed. A program for commercial rehabilitation
may be explored to finance the latter. Agency may sub -lease the
structures to Entrepreneur Development Academy of California.
With regards to line of credit the Agency may provide such credit
for the purchase of furniture, fixtures and equipment under
condition that the materials be purchased locally, where
possible.
With regards to the service agreement, the City of Lynwood and
the Agency will contract with Entrepreneurial Development Academy
of Lynwood for needed goods and services.
Further exposition is needed regarding the following items, and
an explanation of what is meant by full operational status.
- Identification of the businesses who have agreed to be a
part of the Academy's operation.
- Delineation of the plans by which "leakage of jobs and
revenues are to be minimized" for the community.
- A projected estimate of the dollar amount of the line of
credit.
Staff had the opportunity to meet with the proponents and to be
exposed to existing operations similar to several components of
the economic development concept. Those operations are within
the Rockwell complex in Downey. Staff was highly impressed with
the proponents achievements with the Rockwell company and
believes that the concept can be transferred to meet the City of
Lynwood's needs in the area of economic development.
Recommendation:
Staff respectfully requests that the Agency hear the presentation
by Mr. Jess Arnold, president of Entrepreneur Development Academy
of California and, up ,n e approve the attaehod
resolution entitled:
"A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
APPROVING AND AUTHORIZING IMPLEMENTATION OF THE
ENTREPRENEUR DEVELOPMENT ACADEMY PROPOSAL"
1ra \18 \entrpnr \110290 \sf
�I
0
IRA RESOLUTION 90-
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
APPROVING AND AUTHORIZING IMPLEMENTATION OF THE
ENTREPRENEUR DEVELOPMENT ACADEMY PROPOSAL
WHEREAS, the Lynwood Redevelopment Agency of the City of
Lynwood, California (herein after referred to as the "Agency"),
under the provision of California Community Redevelopment Law, is
engaged in activities necessary for the progress, development and
growth of the City of Lynwood; and
WHEREAS, for several years, the Agency has contemplated the
creation of an entity in the Alameda Corridor to faster the
cultivation and development of new businesses; and
WHEREAS, the Agency recognizes the need for community based
firms to take advantage of the tremendous investments to be made
in new development taking place in and around Lynwood, and
particularly in the Alameda Industrial Transportation Corridor;
and
WHEREAS, the Agency recognizes that small businesses can be
developed to satisfy the local and regional demands for various
goods and services flowing from said future developments; and
WHEREAS, the Agency understands that the Department of
Commerce business statistics reveal that most new jobs are
generated by small businesses; and
WHEREAS, an Entrepreneur Development Academy offers , a unique
opportunity for business development, job creation and revenue
enhancement for the Alameda Project Area, in particular, and the
City of Lynwood at large; and
WHEREAS, in anticipation of such a business development
enterprise, the Agency has set aside funds in the Fiscal Year
1990 -91 Budget, Account 24 -5121, in the amount of $1,500,000.00;
and
WHEREAS, the development of a new generation of
entrepreneurial activities shall expand the local tax revenue
base;
NOW, THEREFORE, the Lynwood Redevelopment Agency does hereby
find, determine, order and resolve as follows:
Section 1: That the Lynwood Redevelopment Agency hereby
approves the plan of iny>I-vnentation and proposal submitted by the
Entrepreneur Development. Academy as submitted to the Agency on
December 13, 1990.
0
Section 2: That the Executive Director is hereby directed
to finalize the details of implementation in accordance with the
Memorandum of Agreement and Plan of Implementation as outlined in
the Agreements Section of the Proposal.
Section 3: The Agency's secretary shall certify the
adoption of this Resolution.
APPROVED and ADOPTED by the members of the Lynwood Redevelopment
Agency this 18th. day of December, 1990.
ATTEST:
Andrea L. Hooper, Secretary
APPROVED AS TO FORM:
Agency Legal Counsel
lra \18 \entrepr1 \110290 \sf
ROBERT HENNING, CHAIRMAN
APPROVED AS TO CONTENT:
Kenrick R. Karefa- Johnson
Community Development Director
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