HomeMy Public PortalAbout2014.046 (03-18-14)RESOLUTION NO. 2014.046
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORIZING THE SUBMISSION OF AN APPLICATION TO THE CALIFORNIA
HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT (HCD) FOR A,
TARGETED EMPLOYMENT AREA (TEA) AS PART OF THE SOUTH
GATE / LYNWOOD ENTERPRISE ZONE
WHEREAS, the California Housing and Community Development Department'
(HCD) oversees the Enterprise Zone Tax Incentive Program, whose goal is to stimulate
growth in economically distressed areas of the State; and
WHEREAS, the Enterprise Zone Tax Incentive Program provides for a Targeted
Employment Area (TEA) within an Enterprise Zone; and
WHEREAS, the Targeted Employment Area Code is defined as an area within a
city that is composed solely of those census tracts that have at least 51 percent of its
residents at low or moderate income levels; and
WHEREAS, section 7072(1)(4) of the Government code requires that each
Enterprise Zone update its TEA within 180 days of new census data becoming available
and HCD has determined that such census data is available and has provided the City
of Lynwood with a list of qualified census tracts that will comprise the Lynwood TEA.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES
HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. That the City Council hereby adopts the new TEA boundaries; TEA
Census Tracts 5400, 5401.01, 5401.02, 5402.01, 5402.02, 5402.03, 5403, 5405.01,
5405.02, 5417, 5418.01, 5418.02; and TEA addresses for the proposed Targeted
Employment Area for the South Gate /Lynwood Enterprise Zone as described in Exhibits
A and B.
Section 2. That the City Council hereby directs the submittal of the required
documentation to the California Housing and Community Development Department for
review and approval of the proposed Targeted Employment Area for the South
Gate /Lynwood Enterprise Zone.
j Section 3. That the City Clerk of the City of Lynwood shall certify adoption of
this Resolution and shall cause a certified copy of this Resolution to be forwarded to the
State of California Department of Housing and Community Development.
Section 4. That the Mayor shall sign and the City Clerk shall attest to the
adoption of this Resolution.
Section 5. This Resolution becomes effective immediately upon adoption.
PASSED, APPROVED and ADOPTED this 18th day of March, 2014.
ATTEST:
APPROVED AS TO FORM:
David A. Garcia, City Attorney
am�. i�
APPROVED AS TO CONTENT:
Sarah M. Withers, City Manager
r ho'Naulls, Project" Manager
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the
foregoing Resolution was passed and adopted by the City Council of the City of
Lynwood at a regular meeting held on the 18th day of March, 2014.
AYES: COUNCIL MEMBERS ALATORRE, SANTILLAN -BEAS, SOLACHE,
HERNANDEZ AND CASTRO
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
r
Maria Quinonez,-Cliy Clerk
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City
Council of said City, do hereby certify that the above foregoing is a full, true and correct
copy of Resolution No. 2014.046 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 18`h day of March, 2014.
Maria Quinonez, City Clerk
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