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HomeMy Public PortalAbout92-13 LRARESOLUTION NO LRA 9% Z3• /=; 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 Lynwood does hereby resolve as follows. ; 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 ---------- - - -- -- ---- ----- - - - - -- -- ----- - - - - -- ------- - - - - -- 197 06 -02 -92 ECONOMIC RESOURCES CORP RENT —ENT DEV ACADEMY 6/92 12,329 34 0 00 12,329 34 198 06 -02 -92 RALPH HOROWITZ INT PMT —CORP YARD 6/92 10,687 50 0 00 10,687 50 3552 06 -02 -92 BYRD, LOUIS BRD MTGS 5/05 ;5/19 60 00 30 00 30 00 3553 06 -02 -92 HEINE, LOUIS BRD MTGS 5/05;5/19 60 00 30 00 30 00 3554 06 -02 -92 REA, ARMANDO BRD MTGS 5/05;5/19 60 00 30 00 30 00 3555 06 -02 -92 RICHARDS, PAUL BRD MTGS 5/05 ;5/19 60 00 30 00 30 00 3556 06 -02 -92 WELLS, EVELYN BRD MTGS 5/05 ;5/19 60 00 30 00 30 00 3557 06 -02 -92 CITY OF LYNWOOD SAL &BEN 2- -3/92; CIP 3/92 16,759 29 13,205 21 5,554 08 3558 06 -02 -92 HOOPER, ANDREA L. DRD MTGS 5/05;5/19 50 00 25 00 25 00 3559 06 -02 -92 PACIFIC BAKING & CATERING CO REDEVELOPMENT WORKSHOP 871 41 a 435 71 435 70 3560 06 -02 -92 POSTMASTER EXPRESS MAIL SVCS 65 49 32.75 32.74 3561 06 -02 -92 PYGATT, IRIS BRD MTGS 5/05;5/19 50 00 25 00 25 00 ## TOTAL 43,113 03 13, 873. 67 29,239 36 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 2nd day of June 1992 ATTEST ANDREA L. HOOPER LOUI I E -- SECRETARY - - - CHAIR AN Lyn od Redevelopment Agency LRA RESOLUTION NO. 92 - 13 A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY APPROVING AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE SECOND IMPLEMENTATION AGREEMENT TO THE PARTICIPATION_AGREEMENT BY AND BETWEEN,THE LYNWOOD REDEVELOPMENT AGENCY AND JAMES OH WHEREAS, the Redevelopment Plan for Lynwood Project Area "A" ( "Redevelopment Plan "), was duly approved and adopted on July 3, 1973 by Ordinance 945 and subsequently amended on December 27, 1973 by Ordinance No. 960, on August 19, 1975 by Ordinance No. 990, on June 1, 1976 by Ordinance No. 1000, on December 7, 1976 by Ordinance No. 1010, on December 16, 1980 by Ordinance No. 1111, and on July 19, 1988 by Ordinance No. 88 -1308; and WHEREAS, the Lynwood Redevelopment Agency ( "Agency ") is engaged in activities necessary to execute and implement the Redevelopment Plan for Redevelopment Project Area "A" ( "Project Area ") in the City of Lynwood; WHEREAS, in order to implement said Redevelopment Plan, on or about May 15, 1990, the Agency and the City approved a Participation Agreement by and between the Agency and James J. Oh ( "Participant ") for the development of a neighborhood shopping center, which Participation Agreement was amended on or about December 31, 1991 by the first Implementation Agreement thereto (as amended, "Participation Agreement "); ' WHEREAS, the Participant has requested that the Schedule of Performance and Scope of Development be revised certain other changes made to the Participation Agreement to assist him in carrying out his obligations thereunder; WHEREAS, Section 309 of the Participation Agreement provides that the Schedule of Performance is subject to revision from time to time as approved in writing by the Agency; WHEREAS, the Agency has duly considered the proposed revisions to the Schedule of Performance (Attachment No. 3 to the Participation Agreement), the Scope of Development (Attachment No. 5 to the Participation Agreement, and to Section 516 and 517 of the Participation Agreement and believes the redevelopment pursuant thereto to be in the best interest of the City of Lynwood and in furtherance of the goals and objectives of the Lynwood Redevelopment Agency to reduce blight in the Project Area; NOW, THEREFORE, BE IT RESOLVED by the Lynwood Redevelopment Agency as follows: SECTION 1. The Executive Director of the Agency is-hereby authorized execute "the Second Implementation Agreement ( "Second Implementation Agreement ") to the Participation ' Agreement which was presented to the Agency Board for consideration. SECTION 2. The Executive Director of the Agency, or his designee, is hereby authorized., on behalf of the Agency, to sign all documents necessary and appropriate to carry out and implement the Second Implementation Agreement to the Participation Agreement, and to administer and implement the Agency's obligations, responsibilities and duties to be performed under the Participation Agreement, as implemented. APPROVED AND ADOPTED by the members of the Lynwood Redevelopment Agency this 4th day of June, 1992. , ..., A ATTEST: Andrea L. Hooper, Secretary The Lynwood Redevelopment Agency APPROVED AS TO FORM: Murray 0 . Kane`, ' E'squiie Agency Special Counsel 9 STATE OF CALIFORNIA ) as. 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 June , 19 92 , and passed by the following vote: AYES: REA, RICHARDS, WELLS, HEIM NOES: MCKP ABSENT: '04 � , 2 V'- � Secretary Lynwood Redevelopment Agency STATE OF CALIFORNIA ) as. COUNTY OF LOS ANGELES ) I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. LRA 92 -13 on file in my office and that said resolution was adopted on the date and by the vote therein stated. DATED this 2n day of August 19 92 Secretary Lynwood Redevelopment Agency