HomeMy Public PortalAbout2016.031 (02-02-16)CITY COUNCIL RESOLUTION NO. 2016.031
LHA RESOLUTION NO. 2016.001
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AND BOARD OF DIRECTORS OF THE LYNWOOD HOUSING AUTHORITY
APPROVING AN OWNER PARTICIPATION AGREEMENT FOR THE PLAZA
MEXICO EXPANSION, AUTHORIZING EXECUTION OF SAME BY THE
MAYOR OF THE CITY OF LYNWOOD AND CHAIRPERSON OF THE
LYNWOOD HOUSING AUTHORITY, AND DIRECTING THE FILING OF A
NOTICE OF EXEMPTION FOR SAID OWNER PARTICIPATION AGREEMENT
PURSUANT TO CEQA GUIDELINES 15061 AND 15062 AND GOVERNMENT
CODE SECTION 65457(a)
WHEREAS, Plaza Mexico (the "Project ") is one of Lynwood's more
significant commercial development projects and a major landmark in the region,
and has developed into a major destination and attraction but is in need of
considerable improvements and renovation;
WHEREAS, as part of the revitalization effort in and around the Project,
the developer of the Project and the City of Lynwood engaged in significant
discussions regarding the modernization and expansion of the Project resulting in
the City of Lynwood and the Lynwood Parking Authority entering into a
Development and Disposition Agreement ( "DDA ") with the developer of the
Project on November 5, 2013; and
WHEREAS, after a number of these discussions, it became apparent that
the DDA was not the most effective and expeditious way to pursue the
revitalization goals of the parties; and
WHEREAS, upon the advice of Special Counsel the negotiators adopted
the recommendation that an Owner Participation Agreement ( "OPA ") be entered
with certain developer - related entities consisting of 3000 E. Imperial, LLC and
Plamex Investments, LLC (the "Participant "), with respect to the construction of
certain residential units at the K & K site and other Participant -owned parcels as
well as certain pedestrian and fagade improvements to the Project; and
WHEREAS, staff is seeking approval of the OPA in the form attached to
this resolution, authorizing the Mayor and Chairperson to execute the OPA, and
directing staff to file of a notice of exemption under the California Environmental
Quality Act ( "CEQA ").
NOW, THEREFORE THE CITY COUNCIL AND LYNWOOD HOUSING
AUTHORITY DO HEREBY FIND, DETERMINE, ORDER AND RESOLVE AS
FOLLOWS:
Section 1. That the City Council and Lynwood Housing Authority
approve and authorize the execution of an Owner Participation Agreement in the
form attached.
Section 2. This resolution shall become effective immediately upon its
adoption.
Section 3. The City Clerk and Secretary shall certify as to the adoption
of this City Council and Lynwood Housing Authority Resolution.
Section 4. That City staff file a notice of exemption with regard to the
OPA under CEQA Guideline 15062 pursuant to Government Code section
65457(a) and CEQA Guideline 15061(b)(1).
PASSED, APPROVED and ADOPTED this 2 "d day of February 2016.
ATTEST:
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Maria Quinonez; V
City Clerk/Authority Secretary
APPROVED AS TO FORM:
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David A. Garcia,
City Attorney /Authority Counsel
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Edwin Hernande , ayor /Chair
J. Arnoldo Beltran,
City Manager /Executive Director
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, Maria Quinonez, the undersigned, City Clerk of the City of Lynwood /Secretary
to the Lynwood Housing Authority, 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 2 "d day of February, 2016, and passed by the following
vote:
AYES: COUNCIL MEMBERS /COMMISSIONERS ALATORRE,
SANTILLAWBEAS, SOLACHE, CASTRO AND MAYOR/CHAIR
HERNANDEZ
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Maria Quinonez, City Clerk/Secr ry
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, Maria Quinonez, the undersigned, City Clerk of the City of Lynwood /Secretary
to the Lynwood Housing Authority, do hereby certify that the above foregoing is a
full, true and correct copy of Resolution No. 2016.031 and LHA Resolution No.
2016.001 on file in my office and that said Resolution was adopted on the date
and by the vote therein stated. Dated this 2nd day of February, 2016.
Maria Quinonez, City Clerk/Secret
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