HomeMy Public PortalAboutM2006-08-15-LPFALYNWOOD PUBLIC FINANCE AUTHORITY
REGULAR MEETING
AUGUST 15, 2006
The Lynwood Public Finance Authority of the City of Lynwood met in a regular meeting
at 11330 Bullis Road on the above date at 5:22 p.m.
President Vasquez presiding.
Members Byrd, Johnson, Pedroza, Santillan, and Vasquez were present.
Also present were Chief Administrative Officer Martinez, City Attorney Beltran,
Secretary Hooper, and City Treasurer Pygatt.
Secretary Hooper announced that the Agenda had been posted in accordance with the
Brown Act.
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
NONE
PUBLIC ORAL COMMUNICATIONS
NONE
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 Authority or staff request specific
items be removed from the Consent Calendar for separate action.
It was moved by Member Santillan, seconded by Member Byrd, to approve the minutes
and receive & file the staff report.
Item #4 MINUTES OF PREVIOUS MEETINGS:
• Special Meeting -July 31, 2006
• Regular Meeting -August 1, 2006
Item #5 CONTRACTUAL AGREEMENTS EXECUTED BY THE CITY MANAGER
DURING FEBRUARY-JULY 2006
Receive and file the informational report regarding contractual agreements executed by
the City Manager during February-July 2006.
ROLL CALL:
AYES: DIRECTOR BYRD, JOHNSON, PEDROZA, SANTILLAN, AND VASOUEZ
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
CLOSED SESSION
Item #6 With respect to every item of business to be discussed in closed session
pursuant to Section 54956.8:
A. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Properties: See listing of properties by Address and Assessor
Parcel Numbers in Attachment "A" to this agenda,
Authority Negotiator: Authority Members, Chief Administrative
Officer, Authority Counsel, Development Services
Director and Universal Field Services, Inc.
Negotiating: See listing of properties and property owners ("Seller"
or "Seller's") in Attachment "A" to this agenda.
equipment, provision of appropriate relocation
benefits and compensation for potential loss of
goodwill to parties legally entitled thereto.
Under Negotiation: Price and terms of payment -Seeking authority to
make offer to Seller's for acquisition of property and,
where appropriate, value of immovable fixtures and
It was moved by Member, seconded by, and carried to recess to Closed Session
at 5:50 p.m.
Agency Members reconvened at 6:39 p.m.
City Attorney Beltran stated that the Agency Members met on the aforementioned
matters and with respect to the following: Member Pedroza did not participate in
the discussion of Closed Session.
A. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Properties: See listing of properties by Address and Assessor
Parcel Numbers in Attachment "A" to this agenda.
Authority Negotiator: Authority Members, Chief Administrative
Officer, Authority Counsel, Development Services j i
Director and Universal Field Services, Inc. ILrJI
Negotiating: See listing of properties and property owners ("Seller"
or "Seller's") in Attachment "A" to this agenda.
Under Negotiation: Price and terms of payment -Seeking authority to
make offer to Seller's for acquisition of property and,
where appropriate, value of immovable fixtures and
equipment, provision of appropriate relocation
benefits and compensation for potential loss of
goodwill to parties legally entitled thereto.
The Members reached consensus (4-0-1, Pedroza
absent) and provided further instructions to staff
regarding the initiation of litigation on one of the
properties.
ADJOURNMENT
Having no further discussion, it was moved by Member Santillan, seconded by Member
Byrd, and carried to adjourn the regular Lynwood Public Finance Authority meeting at
10:05 p.m. ~
is Vasquez, President Andrea L. Hooper, Secretary