HomeMy Public PortalAboutM 1976-04-20 - LRAd
REGULAR MEETING APRIL 20. 1
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The Lynwood Redevelopment Agency met in the City Hall,
11330 Bullis Road, on above date at 10:15 p.m.
Mr. Rowe in the chair.
Members Byork, Green, Morris, Higgins and Rowe answered
the roll call.
Also present were Executive Director Wright and
General Counsel Murphy.
It was moved by Mr. Morris, seconded by Mr. Green,
and carried, that the minutes of the regular meeting
of April 6, 1976 be approved as written.
MANAGEMENT STUDIES AND REPORTS
The Executive Director presented a report on a debt
relationship agreement and resolution for the current
fiscal year and presented Resolution No. LRA 76 -6
entitled. "A RESOLUTION OF THE LYNWOOD REDEVELOPMENT
AGENCY FINDING AND DETERMINING THAT CERTAIN IMPROVE-
MENTS ARE OF BENEFIT TO PROJECT AREA "A" AND
APPROVING AN AGREEMENT WITH THE CITY OF LYNWOOD TO
REIMBURSE SAID CITY FOR THE COSTS INCURRED BY IT IN
CONNECTION WITH SUCH IMPROVEMENTS.!' It was moved by
Mr. Morris, seconded by Mr. Green, that Resolution
No. LRA 76 -6 be adopted.
Roll Call:
Ayes: Members Byork, Green, Higgins, Morris, Rowe.
Noes: None.
Absent: None.
It was moved by Mr. Green, seconded by Mr. Morris,
that the Agency concur in the recommendation that
the chairman be authorized to execute a reimburse-
ment agreement between the Lynwood Redevelopment
Agency and the City of Lynwood.
Roll Call:
Ayes: Members Byork, Green, Higgins, Morris, Rowe.
Noes. None.
Absent. None.
The matter of receiving interest on Agency money
being held by the County of Los Angeles was
discussed and it was moved by Mr. Green, seconded
by Mr. Morris, and carried, that the Executive
Director be authorized to take up the interest
problem with the Executive Director of the
Independent Cities of Los Angeles County.
Resolution No. LRA 76 -7 entitled: "A RESOLUTION
OF THE LYNWOOD REDEVELOPMENT AGENCY OF THE CITY
OF LYNWOOD ALLOWING AND APPROVING THE DEMANDS
AND ORDERING WARRANTS DRAWN THEREFOR." was
presented. It was moved by Mr. Byork, seconded
by Mr. Morris, that Resolution No. 76 -7 be
adopted.
Roll Call:
Ayes: Members Byork, Green, Higgins, Morris, Rowe.
Noes: None.
Absent. None.
It was moved by Mr. Green, seconded by Mr. Morris,
and carried, that the meeting adjourn.
Res. No. LRA 76 -6
Reimbursement
Agreement
Res. No. LRA 76 -7
Demands