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HomeMy Public PortalAboutM 1993-12-07 - LRA176 LYNWOOD REDEVELOPMENT AGENCY. DECEMBER 7, 1993 The Redevelopment Agency of the City of Lynwood met in a Regular Session in the City Hall, 11330 Bullis Road on the above date at 8:10 p.m. Chairman Richards in the chair. Members Byrd, Heine, Henning, Rea and Richards answered the roll call. Also present were City Manager Gonzales, Interim Counsel Rudell, Secretary Hooper and Treasurer Pygatt. Secretary Hooper announced the agenda had been duly posted in accordance with The Brown Act. PUBLIC ORAL COMMUNICATIONS ,Jose Legaspi, Representative of K.V. Properties spoke on behalfJ.Legasp of the Central Plaza Exclusive Negotiations Agreement for the property located at Abbott & Atlantic. Stated K. V Properties is a developer that also owns, Valu -Plus. Also stated K. V. has been working on a master plan with Central Electric. Is• requesting approval from the Agency. Robert Downs 3920 Carlin Ave. questioned the time frame of theR.Downs Exclusive Negotiation. Director of Community Development stated the term is sixty days,Bl+umendf with an option for a sixty day renewal. Robert Downs also asked whether or not the agency has theDowns responsibility of notifying the Public of any changes. City Manager Gonzales stated the Exclusive Negotiation processGonzales leads to a D.D.A. with other parties, for which there are Public Hearing notice requirements. ' ITEMS FOR CONSIDERATION It was moved by Member Rea, seconded by Member Byrd and carried to approve the following minutes: a) November 16, 1993 It was then moved by Member Heine, seconded by Member Byrd to adopt: LRA RESOLUTION NO. 93 -39 ENTITLED: "A RESOLUTION OF THERES93 -3S REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD, CALIFORNIA, ALLOWING AND APPROVING THE DEMANDS AND WARRANTS THEREFORE ". ROLL CALL: AYES: MEMBER BYRD, HEINE, HENNING, REA, RICHARDS NOES: NONE ABSENT: NONE It was then moved by Member Byrd, seconded by Member Rea to RECEIVE AND FILE, STATUS UPDATE ON THE COMMERCIAL REHABILITATION PROGRAM. ROLL CALL: AYES: MEMBER BYRD, HEINE, HENNING, REA, RICHARDS NOES: NONE ABSENT: NONE It was then moved by Member Byrd, seconded by Member Heine to adopt: LRA RESOLUTION NO. 93 -40 ENTITLED: "A RESOLUTION OF THE LYNWOOD RES93 -4( REDEVELOPMENT AGENCY APPROVING AN EXCLUSIVE NEGOTIATION AGREEMENT ("ENA ") BETWEEN THE LYNWOOD REDEVELOPMENT AGENCY AND R.V. PROPERTIES CORP. AND AUTHORIZING THE CHAIRMAN TO EXECUTE THE AGREEMENT ".