HomeMy Public PortalAbout2001-11-06-LRA"~ ~~
LYNWOOD REDEVELOPMENT AGENCY
REGULAR MEETING
NOVEMBER 6, 2001
The Redevelopment Agency of the City of Lynwood met in a Regular Meeting at
11330 Bullis Road on the above date at 7:20 p.m.
Chairman Richards presiding.
Members Byrd, Rea, Reyes, Sanchez and Richards answered the joint roll call
for all agencies.
Also present were Executive Director Davis, Agency Counsel Thever, Secretary
Hooper and 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 ORALS COMMUNICATIONS
NONE
ITEMS FOR CONSIDERATION
Item #1: MINUTES OF PREVIOUS MEETINGS
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It was moved by Member Byrd, seconded by Vice Chairman Sanchez and
- carried to approve the following minutes.
• Special Meeting -September 24, 2001
• Regular Meeting -October 2, 2001
• Special Meeting -October 8, 2001
• Special Meeting -October 15, 2001
• Regular Meeting -October 16, 2001
• Special Meeting -October 23, 2001
• Special Meeting -October 26, 2001
Item #2: WARRANT REGISTER
It was moved by Vice Chairman Sanchez, seconded by Member Byrd to adopt
Resolution:
RESOLUTION NO. 2001.036 ENTITLED:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF LYNWOOD,
CALIFORNIA, ALLOWING AND APPROVING THE DEMANDS AND
WARRANTS THEREFORE.
ROLL CALL:
AYES: MEMBER BYRD, REA, REYES, SANCHEZ, RICHARDS
NOES: MEMBER REYES ON WARRANT - 5948 AND 5953
ABSENT: NONE
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PUBLIC HEARING
Item #3: JOINT PUBLIC HEARING FOR CONSIDERATION OF A
PROPOSED DISPOSITION AND DEVELOPMENT AGREEMENT
(DDA) BETWEEN THE AGENCY AND URBAN, LLC RETAIL
CENTER PROJECT
It was moved by Member Byrd, seconded by Member Reyes and carried to open
Public Hearing.
Hearing no further discussion it was moved by Member Byrd, seconded by
Member Reyes and carried to close Public Hearing.
Member Reyes stated he is not against the Urban and LLC Retail Center Project
but he would like to know how many entities are involved in this project.
Marvin Johnven explained to the Members that there is only one entity involved
in this project.
Member Reyes questioned if the Urban and LLC Retail Center Project is filed
with the Secretary of the State, and if we are on legal ground.
Marvin Johnven stated to the Members that we are on legal ground, and also
stated that the Project is filed under the Secretary of the State.
Member Reyes stated that he believes the City is paying too much for this
Project.
Also stated that we are paying sales tax, and also ten 10% percent of interest for
thirty (30) years.
Executive Director Davis stated he would like to continue this Item for the next
schedule Special Meeting.
It was moved by Member Byrd, seconded by Vice Chairman Sanchez to
continue the Item for November 12, 2001 Special Meeting.
REGULARITEM
Item #4: ANNUAL OPERATING BUDGET FOR FY 2001-2002
It was moved by Member Reyes, seconded by Member Byrd to adopt Resolution:
RESOLUTION NO. 2001.037 ENTITLED:
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY OF THE
CITY OF LYNWOOD ADOPTING THE ANNUAL OPERATING BUDGET FOR
FISCAL YEAR 2001-2002.
ROLL CALL:
AYES: MEMBER BYRD, REA, REYES, SANCHE2, RICHARDS
NOES: NONE
ABSENT: NONE
ADJOURNMENT
Having no fu d~ 'on, it was moved by Member Byrd, seconded by Vice
Chair a ez- }'enm-t+~ meeting at 7:45 p.m.
au .Richards, II, Mayor
Andrea L. Hooper, City Clerk
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