HomeMy Public PortalAboutM1999-06-01-LRA026
LYNWOOD REDEVELOPMENT AGENCY JUNE 1 1999
The Redevelopment Agency, of the City of Lynwood met in a Regular Session in the
City Hall, 11330 Bullis Road, on the above date at 6:34 p.m.
Chairman Sanchez presiding.
Member Byrd, Rea, Reyes, Richards, Sanchez answered the roll call.
Also present were Executive Director Davis, City Attorney Thever, Secretary Hooper and
Treasurer Pygatt.
Secretary Hooper announced the Agenda had been duly posted in accordance with The
Brown Act.
PUBLIC ORALS
NONE
PUBLIC ORAL COMMUNICATIONS -AGENDA ITEMS ONLY
NONE
ITEMS FOR CONSIDERATION
It was moved by Member Byrd, seconded by Member Richards and carried to approve
the following minutes:
a) Regular Meeting, May 4, ] 999
b) Regular Meeting, May 18, 1999
Items #2 Warrants
It was moved by Member Reyes, seconded by Member Richards to adopt:
LRA RESOLUTION NO. 99.25 ENTITLED: "A RESOLUTION OF THE
t-, LYNWOOD REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD,
', CALIFORNIA, ALLOWING AND APPROVING THE DEMANDS AND
WARRANTS THEREFOR".
ROLL CALL:
AYES: MEMBER BYRD, REA, REYES, RICHARDS, SANCHEZ
NONE: NONE
ABSENT: NONE
REGULAR MEETING
Item # 3 Use of the Lynwood Redevelopment Agency Low and Moderate Income Housing
Fund To Assist In The City of Lynwood's Purchase and Rehabilitation Program.
It was moved by Member Richards, seconded by Member Byrd to adopt Resolution and
direct Community Development Director Chicots to prepare a staff report prior to
allocation of funding:
LRA RESOLUTION NO. 99.26 ENTITLED: "A RESOLUTION OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD APPROVING
THE ESTABLISHMENT OF A REVOLVING LOAN FUND IN THE AMOUNT
OF $300,000 FROM THE REDEVELOPMENT AGENCY LOW AND
MODERATE INCOME HOUSING FUND FOR THE PURPOSE OF CREATING
A INTERNAL FINANCING VEHICLE FOR THE CITY OF LYNWOOD'S
.~i PURCHASE AND REHABILITATION PROGRAM".
ROLL CALL:
AYES: MEMBER BYRD, REA, REYES, RICHARDS, SANCHEZ
NOES: NONE
ABSENT: NONE
Item # 4 Acquisition of the Abandoned Four Plex Located at 11434 State Street Utilizing
the City of Lynwood's Purchase and Rehabilitation Program.
o`~~',.
It was moved by Member Richards, seconded by Member Byrd to adopt the Resolution
and direct the Community Development Director Chicots to prepare a staff report for
other funding sources and report back to the Agency:
LRA RESOLUTION NO. 99. 27 ENTITLED: "A RESOLUTION OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD APPROVING
THE UTILIZATION OF THE PURCHASE AND REHABILITATION
PROGRAM TO ACQUIRE THE ABANDONED PROPERTY LOCATED AT
11434 STATE STREET FROM THE DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT ".
ROLL CALL: U
AYES: MEMBER BYRD, REA, REYES, RICHARDS, SANCHEZ
NOES: NONE
ABSENT: NONE
Item # 5 Senate Bi11859 Economic Equity Districts.
Executive Director Davis explained SB859 as passed the Senate Appropriations
Committee which was amended prior to being heard. The next step is to have the bill
heard on the Senate Floor.
PUBLIC HEARING
NONE
INFORMATION ITEM
NONE
CLOSED SESSION
NONE
Having no further discussion, it was moved by Member Reyes, seconded by Member I~
Byrd and carried to adjourn at 6:50 p.m.
A.
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CHAIR A RICARDO SANCHEZ
L~ of, ~~J
SECRETARY ANDREA L. H OPER
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