Loading...
HomeMy Public PortalAbout84-016 - LRA (06-05-84)LRA RESOLUTION NO. 84 -16 A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY ANNOUNCING ITS INTENT TO EXERCISE ITS POWER OF EMINENT DOMAIN, IF NECESSARY, UNDER CERTAIN CIRCUMSTANCES, TO ENSURE FULL IMPLEMENTATION OF A PROPOSED NEIGHBORHOOD SHOPPING CENTER IN PROJECT AREA A, AT LONG BEACH BOULEVARD AND IMPERIAL HIGHWAY WHEREAS, the Lynwood Redevelopment Agency (the "Agency ") and Lynwood Associates, a California general partnership (the "Developer "), have entered into a certain Exclusive Negotiating Agreement, dated as of May 22, 1984 (the "ENA ") for the development of certain commercial shopping center improvements within Project Area A; and WHEREAS, the Developer and the Agency are proceeding to perform their respective obligations pursuant to the ENA, including those obligations set forth in Section 303, which Section provides for cooperation by both the Agency and the Developer in obtaining Urban Development Action Grant ( "UDAG ") funding for a proposed neighborhood shopping center project, located at Long Beach Boulevard and the Imperial Highway (the "Project "); and WHEREAS, to further this objective, the Agency now desires to express its commitment to use its power of eminent domain pursuant to the California Health and Safety Code Article 7 of Chapter 4 of Part I of Division 24) to obtain any parcel lying within Project Area A, which would not otherwise be obtainable through the customary negotiation and land acquisition process, to ensure the success and implementation of the Project; -- NOW, THEREFORE, the Lynwood Redevelopment Agency does hereby resolve as follows: Section 1 . The Agency hereby commits to use its power of eminent domain, pursuant to the California Health and Safety Code provisions pertaining to such, to obtain the parcel or parcels lying within Project Area A, which would otherwise be unobtainable through the customary negotiation and land acquisition process, for purposes of ensuring the success and implementation of the Project; provided, however, that (a) the Developer and the Agency shall have entered into a Disposition and Development Agreement with respect to the Project; (b) UDAG funding shall have been secured for the Project as evidenced by a formal commitment from the Federal Department of Housing and Urban Development; and (c) all conditions precedent and contingencies set forth in the UDAG commitment and the Disposition and Development Agreement are deemed to be satisfied, as determined by the Agency in its sole discretion. PASSED, APPROVED AND ADOPTED this 5th day of June 1984. ATTEST: Andrea L. Hooper, Secretar APPROVED AS TO FORM: GenerAT Counsel n 06 -05 -64 8410P/2019/17 -2- APPROVED AS TO CONTENT: 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 5th day of June 1984, and passed by the following vote: AYES: Agency members BYORK, HENNING, ROWE, THOMPSON, MORRIS NOES: Agency members NONE ABSENT: Agency members NONE Secretary LYNWOOD REDEVELOPMENT AGENCY