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HomeMy Public PortalAbout82-038 - LRA (11-02-82)u LRA RESOLUTION NO. LRA 82 -38 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD APPROVI14C LEASES WITH SURE GRIP INTERNATIONAL AND LYNWOOD PATTERN SERVICE FOR PORTIO14S OF THE PROPERTY AT 11221 PEACH STREET AND AUTHORIZING EXECUTION BY THE CHAIRMAN. WHEREAS, the Redevelopment Agency of the City of Lynwood has approved the purchase of property at 11221 Peach Street, in Project Area "A "; and WHEREAS, at the close of escrow Sure Grip International and Lynwood Pattern Service desire to lease a portion of the property; and WHEREAS, the Agency is willing to lease portions of the property until such time as the property is required for redevelopment. NOW, THEREFORE, BE IT RESOLVED, by the Redevelopment Agency of the City of Lynwood that: Section 1 : The draft leases attached as Exhibit "A" between the Agency and Sure Grip International and between the Agency and Lyn- wood Pattern Service are hereby approved. Section 2 : That the Chairman is hereby authorized to execute final leases, incorporating minor revisions from the draft, pending re- view and approval by Agency Counsel. PASSED, APPROVED AND ADOPTED THIS 2 nd day ofN ovember , 1982. r LOUIS A. THOMP ON, Ch rman ` Lynwood Redevelopment Agency _ ATTEST: Andrea Hooper, Secretary APPROV AS T ORM: Da e McEw , neral Counsel APPROVED AS TO CONTENT: � a M. — Read, Community Development Director 'J .+J 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 Plovemher 1982, and passed by the following vote: AYES: Agency members 6york, Green, Morris, Rowe; Thompson NOES: Agency members N ABSENT: Agency members None Secretary LYNWOOD REDEVELOPMENT AGENCY