HomeMy Public PortalAbout82-004 - LRA (02-02-82)LRA RESOLUTION NO. 82 -4
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT
AGENCY FINDING AND DETERMINING THAT CERTAIN
IMPROVEMENTS ARE BENEFICIAL TO PROJECT AREA "A"
AND APPROVING AN AGREEMENT WITH THE CITY OF
LYNWOOD TO REIMBURSE SAID CITY FOR SUCH
IMPROVEMENTS.
WHEREAS, the Lynwood Redevelopment Agency desires to make
public improvements in targeted areas so as to encourage and support
present and future proposed developments, and
WHEREAS, the public improvements are of substantial benefit
to the expanded Project Area "A" and to the redevelopment thereof in
accordance with the Redevelopment Plan; and
WHEREAS, existing water lines along the street can not
accommodate flow requirements concerning the fire code; and
WHEREAS, the cost associated with the installation of the
required water transmission line is $200,000 for labor and materials,
and
WHEREAS, the Agency desires to see the work completed as
soon as possible and agrees to reimburse the City for costs incurred
to accomplish the work; and
WHEREAS, the public improvements are not listed in the City's
Capital Outlay budget for 1981 -82 and are not included in the City's
Water System Master Plan approved by the City Council of the City
of Lynwood on October 6, 1982; and
WHEREAS, it has been determined that there are no other'
reasonable methods of financing available;
NOW, THEREFORE, the Lynwood Redevelopment Agency does
hereby resolve:
Section 1 . It is hereby found and determined, pursuant
to Health and Safety Code Section 33445, that the proposed improve-
ments are of benefit to Redevelopment Project Area "A" and that
there is no other reasonable method of financing such improvements.
Section 2 . The Reimbursement Agreement attached hereto
as Exhibit A is hereby approved and the Mayor is authorized and
directed to execute such agreement.
PASSED, APPROVED AND ADOPTED this
Februar
Y ..
day of
1982.
_z ' JOAN D. BYORK, CHAIRMAN
Lynwood Redevelopment Agency
'ATTEST:
�J
aurene Coffey, e etary
APP ED AS TO CONTENT:
General Counsel
APPROVED AS TO FORM:
/ partment Head
STATE,OF CALIFORNIA )
ss_
COUNTY OF LOS ANGELES )
I, the undersigned, Secretary of the Lynwood
Redevelopment Agency, do hereby certify that the above
and foregoing resolution was duly adopted by the said
Agency at a regular meeting thereof held
_ in the City Hall of the City of Lynwood on the 2nd
_ day of February 1982, and passed by the following - - - -- __
vote:
AYES: Agency members Green, Morris, Rowe, Thompson, Byork -
NOES: Agency members None
ABSENT: Agency members None
j l�
Secretary
LYNWOOD REDEVELOPMENT AGENCY
e
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