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HomeMy Public PortalAboutA 1984-03-07 LRAN LYNWOOD REDEVELOPMENT AGENCY 11330 BULLIS ROAD LYNWOOD, CALIFORNIA 90262 (213) 603 -0220 E. L. Morris, CHAIRMAN John U. Byork, VICE CHAIRMAN Robert Henning, MEMBER James E. Rowe, MEMBER Louis A. Thompson, MEMBER AGENDA ITEMS ON FILE FOR CONSIDERATION AT THE REGULAR ADJOURNED MEETING OF THE LYNWOOD REDEVELOPMENT AGENCY TO BE HELD MARCH 7„ 1984 AT 5.00 P.M. CITY COUNCIL CHAMBERS 1. ROLL CALL OF BOARD MEMBERS - Chairman E. L. Morris John D. Byork Robert Henning E. L. Morris James E. Rowe Louis A. Thompson 2. NO MINUTES OF PREVIOUS MEETINGS AVAILABLE 3. A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD, CALIFORNIA ALLOWING AND APPROVING THE DEMANDS AND ORDERING WARRANTS DRAWN THEREFOR 4. HOPKINS DEVELOPMENT PRESENTATION 5. PAGEANTRY PRODUCTIONS LEASE OF LRA PROPERTY 6. LEWIS HOMES DEPOSIT ADJOURNMENT Motion to adjourn to a Regular Adjourned Meeting of the Lynwood Redevelopment Agency to be held March 12, 1984, at 5 00 P.M. in the Council Chambers of City Hall, 11330 Bullis Road, Lynwood, California. iI .t IRA RESOLUTION NO. WOO I LYNW CALIFOINIA ALLCWING AND APPROVING THE DEMANDS A • .•• • r W ARRANTS I • DI • The Redevelopnent 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 therefore by the Agency Treasurer to the payees and in the amounts indicated. 4 t. CHECK NO (Bank of (Prepaid) -1072 1073 1074 1075 1076 1077 1078 1079 P A Y E E America) Mark Briggs & Associates John Byork Robert Henning E.L. Morris James Race Louis Thaipson Advanced Image Systeno Clark Boardman Ccupany 1080 Petty Cash Fund DESCRIPTION Feasibility Study Board Meetings Board Meetings Board Meetings Board Meetings Board Meetings Copier Supplies 1983 Land Use and Environmental Laws PCF Repleni am ent Total AMOUNT $2,658.00 60.00 90.00 90.00 90.00 90.00 64.06 68.24 51.82 $3,262.12 X01 $1,329.00 30.00 45.00 45.00 45.00 45.00 32.03 $1,329.00 30.00 45.00 45.00 45.00 45.00 32.03 34.12 34.12 25.91 25.91 $1,6� $1,6631.0 Section 2. That the Agency Secretary shall certify to the adoption of this resolution deliver a certified copy thereof to the Agency Treasurer and shall retain a copy thereof for his record. APPROVED AND ADOPTED THIS 1984. Chairman, Lynwood Redevelopment Agency ATTEST: Secretary day of t be, DATE March 6, 1984 TO: HONORABLE CHAIRMAN AND MEMBERS OF THE AGENCY FROM: Charles Gomez, Executive Director e SUBJECT: PAGEANTRY PRODUCTIONS LEASE OF LRA PROPERTY. BACKGROUND: Pageantry Productions (Bill Lomas) has indicated an interest in leasing property at 3228 Mulford Avenue which has recently been pur- chased by the Agency. Pageantry Productions would use the build- ing for warehousing purposes. In negotiating the conditions of a lease with Mr. Lomas, subject to Agency approval, staff proposed the following to Mr. Lomas: 1) Lease of the rear warehouse area (approximately 3,000 square feet at a monthly rate of 20Q per square foot) at $600 per month. 2) First month's free rent in exchange for services from Pageantry Productions in a) consolidating the property purchased by the Agency as well as any scrap left behind by the former owner and b) continuing upkeep of the property. Mr. Lomas has made a counter offer claiming that the rent on his building is considerably less than 20� per square foot. He would accept the above two conditions but would also like use of the front offices of the building (approximately 2,148 square feet) at no additional cost. One possible compromise position would be to lease the office and warehouse areas to Mr. Lomas for $600 per month and require basic upkeep of the property, but not provide a free first month's rent. RECOMMENDATION: After considering all lease requests, give direction to staff on the terms by which Agency property should be leased. LRA RESOLUTION NO. A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGI APPROVING A LEASE FOlt PHOPE'RTY AT 3228 MULFORD S'1'kLE'1' IN LYNWOOD, CALIFORNIA AND AUTHORIZING 'PRE CHAIRMAN TO EXECUTE. WHEREAS, the Agency has purchased certain property which includes 3228 Mulford Avenue in Lynwood, California, • , 1' WHEREAS, the Agency wishes to lease the above mentioned property until required for Redevelopment activities. NOW, THEREFORE, the Redevelopment Agency of the City of Lynwood does hereby find, determine, order and resolve as follows Section 1. That a lease acceptable to both Agency General Counsel and Pageantry Productions, is hereby approved. Section 2. That the Chairman is authorized to execute on behalf of the Agency. PASSED, APPROVED AND ADOPTED this . 1984. day of E.1.. Morris, Chairman Lynwood Redevelopment Agency ATTEST: Andrea L. Hooper, Secretary APPROVED AS TO FORM 6eneral Counsel 0 APPROVED AS TO CONTENT