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LRA RESOLUTION NO. 82 -16
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY:
RESCINDING RESOLUTION NO. 82 -4; FINDING AND DETERMINING
THAT CERTAIN IMPROVEMENTS ARE BENEFICIAL TO PROJECT
AREA "A "; APPROVING A REIMBURSEMENT AGREEMENT WITH PARK
WATER COMPANY: AND APPROVING A MAIN EXTENSION CONTRACT
WITH PARK WATER COMPANY.
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 estimated to be $148,420 for
labor and materials; and
WHEREAS, it has been determined that there are no other
reasonable methods of financing available including financing through
the City of Lynwood; 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, the Agency desires to see the work completed as
soon as possible and agrees to reimburse the Park Water Company for
costs incurred to accomplish the work; and
WHEREAS, Park Water Company agrees to partially refund to
the Lynwood Redevelopment Agency eligible costs as required by the
California Public Utilities Commussion under Rule 15.
NOW, THEREFORE, the Lynwood Redevelopment Agency does
hereby resolve:
Section 1 . Resolution No. 82 -4, adopted on February 2, 1982,
is hereby rescinded.
Section 2 . 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•3 Reimbursement-Agreement attached hereto as
Exhibit A is hereby approved and the Chairman is authorized and
directed to execute said agreement.
Section 4 . Main Extension Contract, Form B attached hereto
as Exhibit B is hereby approved and the Chairman is authorized and
directed to execute said Contract.
PASSED, APPROVED AND ADOPTED this 14th
of MaV , 1982.
..R O v I ✓'
swsATJEST _>
Andrea L. Hooper, Secretary
APPROVED AS TO CONTENT:
General Coun e
APPROVED AS TO FORM:
artment Head
day
f
r
LOUIS H PSON, CHAIR
Lynwood Redevelopment Agency
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 18th
day of May 1982, and passed by the following
vote:
AYES: Agency members
NOES: Agency members
ABSENT: Agency members
Byork, Green, Morris, Rowe, Thompson
None
None
Secretary
LYNWOOD REDEVELOPMENT AGENCY
a
s `
Byork, Green, Morris, Rowe, Thompson
None
None
Secretary
LYNWOOD REDEVELOPMENT AGENCY