HomeMy Public PortalAbout2014.147 (08-19-14) RESOLUTION NO. 2014.147
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORIZING AN APPROPRIATION IN THE AMOUNT OF $25,000 FOR
ANTICIPATED APPRAISALS ON LONG BEACH BOULVEARD BETWEEN THE
SOUTHERN CITY LIMIT (EUCLID AVENUE) AND THE 1-105 FREEWAY TO THE
NORTH
WHEREAS, in the interest of progressively moving the City's Economic
Development objectives forward, from time to time it will be necessary to assess the
valuation of land in order to determine the feasibility of acquisition and development
along that portion of Long Beach Boulevard between the southern City limit (Euclid
Avenue) and the 1-105 Freeway to the north; and
WHEREAS, in order to properly perform such studies and appraise the value of
property, an appropriation of funds will be required.
WHEREAS, it is estimated that the cost for such studies and property appraisals
is estimated at a not-to-exceed amount of$25,000; and
WHEREAS, staff is requesting a transfer of funds in an amount not-to-exceed
$25,000 from the unappropriated General funds for property a pp raisals and studies.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES
HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. The City Council hereby authorizes the appropriation of a not-to-
exceed amount of$25,000 to fund the cost of property appraisals and studies along that
portion of Long Beach Boulevard between the southern City limit (Euclid Avenue) and
the 1-105 Freeway to the north.
Section 2. The City Council of the City of Lynwood authorizes the City
Manager or her designee to make the $25,000 fund appropriation and transfer said
funds from unappropriated General funds.
Section 3. This Resolution shall become effective immediately upon its
adoption.
PASSED, APPROVED and ADOPTED this 19th day of August, 2014.
ide Castro, Mayor
ATTEST:
4RJ._'
aria *uinonez, y Irk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
1am7 11
David A. Garcia, City Attorney Sarah M. Wit "rs, City 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 19th day of August, 2014.
AYES: COUNCIL MEMBERS ALATORRE, SANTILLAN-BEAS, SOLACHE,
HERNANDEZ AND CASTRO
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
4 l
Maria Quinonez, Cit: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. 2014.147 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 19th day of August,
2014.
aria Quinonez, City Clerk