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Home My Public Portal AboutA 2017-09-19 LHA This Agenda contains a brief general description of each item to be considered. Copies of the Staff reports or other written documentation relating to each item of business referred to on the Agenda are on file in the Office of the City Clerk and are available for public inspection. A person who has a question concerning any of the agenda items may call the City Manager at(310) 603-0220, ext. 200. Procedures for Addressing the Commissioners of the Housing Authority IN ORDER TO EXPEDITE LYNWOOD HOUSING AUTHORITY BUSINESS, WE ASK THAT ALL PERSONS WISHING TO ADDRESS THE AUTHORITY FILL OUT A FORM PROVIDED AT THE DOOR, AND TO TURN IT IN TO THE AUTHORITY SECRETARY PRIOR TO THE START OF THE MEETING. FAILURE TO FILL OUT SUCH A FORM WILL PROHIBIT YOU FROM ADDRESSING THE COMMISSIONERS OF THE AUTHORITY IN THE ABSENCE OF THE UNANIMOUS CONSENT OF THE AUTHORITY. AGENDA ITEMS ON FILE FOR CONSIDERATION 1:1,63topt AT THE REGULAR MEETING OF THE LYNWOOD HOUSING AUTHORITY RECEIVED TO BE HELD ON SEPTEMBER 19, 2017 6:00 P.M. September 15, 2017 COUNCIL CHAMBERS 11330 BULLIS ROAD, LYNWOOD, CA 90262 CITY OF LYNWOOD i CLERKS • FICE MARIA TERESA SANTILLAN-BEAS CHAIR JOSE LUIS SOLACHE SALVADOR ALATORRE VICE CHAIR COMMISSIONER AIDE CASTRO EDWIN HERNANDEZ COMMISSIONER COMMISSIONER EXECUTIVE DIRECTOR AUTHORITY COUNSEL ALMA K. MARTINEZ NOEL TAPIA AUTHORITY SECRETARY CITY TREASURER MARIA QUINONEZ GABRIELA CAMACHO OPENING CEREMONIES 1. CALL TO ORDER 2. ROLL CALL OF MEMBERS Salvador Alatorre Aide Castro Edwin Hernandez Jose Luis Solache Maria Teresa Santillan-Beas 3. CERTIFICATION OF AGENDA POSTING BY AUTHORITY SECRETARY PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NON-AGENDA PUBLIC ORAL COMMUNICATIONS CONSENT CALENDAR All matters listed under the Consent Calendar will be acted upon by one motion affirming the action recommended on the agenda. There will be no separate discussion on these items prior to voting unless members of the Housing Authority or staff request specific items to be removed from the Consent Calendar for separate action. 4. APPROVAL OF A FIRST AMENDMENT TO OWNER PARTICIPATION AGREEMENT BY THE CITY OF LYNWOOD, A MUNICIPAL CORPORATION (THE "CITY"), AND THE LYNWOOD HOUSING AUTHORITY, ON THE ONE HAND, AND 3000 E. IMPERIAL LLC, AND PLAMEX INVESTMENT, LLC, ON THE OTHER HAND, WITH RESPECT TO THE PLAZA MEXICO EXPANSION PROJECT Comments: On or about February 2, 2016, the City of Lynwood and the Lynwood Housing Authority on the one hand, and 3100 E. Imperial, LLC and Plamex Investment, LLC (collectively the "Parties") entered into that certain Owner Participation Agreement The "Agreement") providing for the construction and development of certain residential improvements within the City as well as certain pedestrian and façade improvements required for the to the development (the "Project"). Recommendation: Staff recommends that the City Council of the City of Lynwood and Board of Directors of the Lynwood Housing Authority adopt the attached Resolution (attached hereto as Attachment A) entitled, "A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AND BOARD OF DIRECTORS OF THE LYNWOOD HOUSING AUTHORITY APPROVING A FIRST AMENDMENT TO 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 ADJOURNMENT THE LYNWOOD HOUSING AUTHORITY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF CITY HALL, 11330 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA. 2 :io,„. '.. AGENDA STAFF REPORT DATE: September 19,2017 TO: Honorable Mayor and Members of the City Council APPROVED BY: Alma K.Martinez,City Manager PREPARED BY: SUBJECT: Approval of a First Amendment to Owner Participation Agreement by the City of Lynwood,a municipal corporation (the "City'), and the Lynwood Housing Authority, on the one hand, and 3000 E. Imperial LLC, and Plamex Investment,LLC,on the other hand,with respect to the Plaza Mexico Expansion Project Recommendation: Staff recommends that the City Council of the City of Lynwood and Board of Directors of the Lynwood Housing Authority adopt the attached Resolution(attached hereto as Attachment A)entitled,"A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AND BOARD OF DIRECTORS OF THE LYNWOOD HOUSING AUTHORITY APPROVING A FIRST AMENDMENT TO 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 Background: On or about February 2,2016,the City of Lynwood and the Lynwood Housing Authority on the one hand,and 3100 E.Imperial,LLC and Plamex Investment, LLC (collectively the"Parties")entered into that certain Owner Participation Agreement The"Agreement") providing for the construction and development of certain residential improvements within the City as well as certain pedestrian and façade improvements required for the to the development(the"Project"). Discussion and Analysis: As a result of additional negotiations by the Parties,it has been mutually determined that additional time will be required by the Parties to implement their respective obligations set forth in the Agreement. Consequently, the Parties now desire and recommend the approval of a First Amendment to Owner Participation Agreement in the form attached hereto as Attachment A, to extend certain performance deadlines specifically identified as items 5, 7 and 8 in the Schedule of Performance (Attachment No. 3 to the Agreement). Fiscal Impact: There is no fiscal impact to the General Fund as fees incurred in the process will be paid or recovered by a deposit required of the Participant. Coordinated With: Noel Tapia,CityAttomey/General Counsel for Lynwood Housing Authority Royce K.Jones,Special Counsel for City/Lynwood Housing Authority Finance Department Community/Economic Development ATTACHMENTS: Description o Market Plaza OPA AGENDA ITEM CITY COUNCIL RESOLUTION NO. LYNWOOD HOUSING AUTHORITY RESOLUTION NO. A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AND BOARD OF DIRECTORS OF THE LYNWOOD HOUSING AUTHORITY APPROVING A FIRST AMENDMENT TO 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 WHEREAS, the City Council and the Lynwood Housing Authority on or about February 2, 2017 previously entered into that certain Owner Participation Agreement with 3100 E. Imperial, LLC and Plamex Investment, LLC with respect to the construction and development of certain residential improvements as well as certain pedestrian and façade improvements required for the expansion of the Plaza Mexico project (the "Project"), one of Lynwood's more significant commercial development projects serving as a major landmark in the region, and a major destination and attraction within the City; WHEREAS, as part of the revitalization effort of the Project, the Parties have now mutually determined and request that additional time be granted to perform and implement their respective obligations as set forth in the Owner Participation Agreement; and WHEREAS, the Parties, now desire to enter into a First Amendment to Owner Participation Agreement in form attached to this resolution and staff recommends that the City Council and the Board of the Lynwood Housing Authority authorize the Mayor and the Chairman to execute the First Amendment to Owner Participation Agreement, 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 the First Amendment to 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 joint City Council and Lynwood Housing Authority Resolution. PASSED, APPROVED and ADOPTED this 19th day of September. Maria Santillan-Beas, Mayor/Chair ATTEST: Maria Quinonez Alma Matinez City Clerk/Authority Secretary City Manager/Executive Director APPROVED AS TO FORM: Noel Tapia City Attorney/Authority General Counsel