HomeMy Public PortalAboutM 1977-01-10 - LRA.6
ADJOURNED REGULAR MEETING JANUARY 10
The Lynwood Redevelopment Agency met in the City Hall,
11330 Bullis Road, on above date at 7 p.m.
Chairman Rowe in the chair.
Members Byork, Green, Morris and Rowe answered the roll call.
Member Higgins was absent. a
Executive Director Valliere was also present.
Mr. Rowe announced that the purpose of the meeting was to
bring the Agency members and interested citizens up to date
with regard to progress of the redevelopment area.
Redevelop- Mr. Frank Fargo, of Wainwright & Ramsey, addressed the
ment plans Agency to report on recent meetings with Ericson Development
discussed Company and indicated that the Company's financial statement
including still has not been provided. He also stated that Attorney
possible Allen Watts has been consulted by the development company
parking dist.relative to formation of a parking district in the redevelop-
ment area and Mr. Watts has been in contact with City
Attorney John Murphy regarding a parking district. Mr. Fargo
also suggested the possibility of forming a parking authority
and also described various laws under whichaaa parking district
could be formed.
Mr. J. R. Svieven and Mr. Ernest Crosby, representing
Ericson Development Company were present and discussed the
status of the development with members of the Agency and
stated that a financial statement would be available this
week. Mr. Crosby emphasized the need for an up -to -date
market survey as well as a determination as to a parking D
district or parking authority. He indicated that strong
interest has been received from retail chains of various
types.
Mr. Higgins arrived.
The advisability of having an executive session with
Mr. Crosby for the purpose of ascertaining names of companies
interested in locating in the project area was discussed, and
it was the consensus that the information would serve_ no
purpose at this time.
Marketing After further informal discussion among Agency members,
survey auth. Mr. Crosby and Mr. Fargo, it was moved by Mr. Green, seconded
by Mr. Morris, and carried, that the Executive Director be
authorized to seek quotations for performing a market survey.
Mr. Harry Ball, of Sure -Grip Skate Wheel Company, located in
the project area, addressed the Agency concerning the impact
of the delay in completing the project on the business people
and residents in the area.
RES.LRA -77 -1 RESOLUTION NO. LRA 77 -1 entitled: "A RESOLUTION OF THE
Demands LYNWOOD REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD,
CALIFORNIA, ALLOWING AND APPROVING THE DEMANDS AND WARRANTS
DRAWN THEREFOR." was presented. It was moved by Mr. Morris,
seconded by Mr. Byork, that Resolution No. LRA 77 -1 be
adopted.
Roll Call:
Ayes: Members Byork, Green, Higgins, Morris, Rowe.
Noes: None.
Absent: None.
It was moved by Mr. Byork, seconded by Mr. Morris, and
carried, that the meeting adjourn.
ecretary
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