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HomeMy Public PortalAbout2005.014 LRA1 T i ~ . .. c ) ~ w. RESOLUTION IVO. 2005_0~14 A RESOLIDTlON OF THE LYIVIIVOOD FtEDEVELOPl1liENT A.GENCY APF'ROVING THE PROPOSED DISPOSITION i4ND DEVELOPMEMT AGREEMEIVT BY A-YVD ~ETWEEi~ THE LYMl~/OOD ~tEDEVELQPI1lIlENT AGENCY AND ~iVHISPERING CLEfV, LLC FOR THE DEVELOPIV~ENT OF FORTY-SIX (46) SINGLE FANiELY FiOM~S ~-T/NEAR T9~E NORTHWEST CORNER OF ATLANTIC AfVD CARLIN AVENUES WHEREAS, the Redevelopment Plan for Lynwood Project Area "A" ("Redevelopment Plan"), was duly approved and adopted on July 3, 1973 by Ordinance No. 945 and subsequently amended on December 27, 1973 by Ordinance No. 960, on August 19, 1975 by Ordinance No. 990, on June 1, 1976 by Ordinance No. 1000, on December 7, 1976 by Ordinance No. 1010, on December 16, 1980 by Ordinance No. 1111, July 19, 1988 by Ordinance No. 88-1308, and on March 20, 2001 by Ordinance No. 1504; and WHEREAS, the Lynwood Redevelopment Agency ("Agency") is engaged in activities necessary to execute and implement the Redevelopment Plan for Redevelopment Project Area "A" ("Redevelopment Project") in the City of Lynwood and in order to do so the Agency proposes to enter into a Disposition and Development Agreement ("DDA") with Whispering Glen, LLC ("Developer"), which provides for the development of forty-six (46) single family homes; and WHEREAS, the Agency desires to consider the disposition of the Agency property in connection with the development of the Site by the Developer; and WHEREAS, the proposed DDA contains all the provisions, terms, conditions and obligations required by state and local law; and ~ WHEREAS, the Developer possesses the qualifications necessary to ensure deveiopment of the Site proposed in accordance with the purposes and objectives of the Redevelopment Plan; and ~ ` WHEREAS, the Agency and City Council of the City of Lynwood have held a duly noticed joint public hearing on the proposed DDA and related agreements; WHEREAS, the Agency and the City Council have duly considered the proposed DDA and believe that development pursuant thereto is in fhe best interest of the City of Lynwood and in furtherance of the goals and objectives of the Lynwood Redevelopment Agency to reduce blight and produce affordable housing in the Project Area; WHEREAS, the Agency has prepared a summary report for the proposed project which complies with the provisions of the California Health and Safety Code Section 33433. NOW, THEREFORE, IT IS RESOLVED by the Lynwood Redevelopment Agency as follows: Section 1. The Agency hereby finds and determine that the development of the Site pursuant to the DDA is in the best interest of the City of Lynwood and the health, safety, morals and welfare of its residents, and in accord ~rith the public purposes and provisions of applicable State and local law. Section 2. The Agency finds and determine that the development of the Site pursuant to the proposed DDA is necessary to effectuate the purpose of the Redevelopment Plan for the Redevelopment Project. Section 3. The Agency hereby finds and determine that the development of the Site pursuant to the proposed DDA will be consistent with the development permitted at that location by Lynwood's Zoning Ordinance. ~ . . , t , Section 4. The Agency has held a joint public hearing with the City Council and has received, heard and considered all oral and written objections to the proposed DDA and to the actions connected therewith, and hereby overrules all such oral and written objections. Section 5. The Agency finds that the sale of the property contemplated by the DDA will assist in the elimination of blight and provide affordable housing. Section 6. The Agency finds that the sale of the property as contemplated by the DDA is in the interests of the health, safety and welfare of the City, is in accordance with the Redevelopment Plan, is consistent with the Implementation Plan adopted pursuant to Health and Safety Code Section 33490 and will be of benefit to the Project Area. Section 7. The Agency approves the sale of the property contemplated by the DDA. Section 8. The Executive Director of the Agency is hereby authorized to execute the DDA. Section 9. The Executive Director of the Agency, or his designee, is hereby authorized, on behalf of the Agency and the City, to sign all documents necessary and appropriate to carry out and implement the DDA, and to administer and implement the Agency's obligations, responsibilities and duties to be performed under the DDA. ROVED AND ADOPTED this 17th day of May 2005. RAMON RO~F~IGUEZ, CHAI . Enrique artinez Executive Director APPROVED AS TO FORM: ~ Ronald W ilson Agency Counsel APPROVED AS TO CONTE Louis Mqp les, Deputy Executive Director ATTEST: v~• Andrea L. Hooper, Secretary . . . > ~ , T STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned Agency Secretary for the Lynwood Redevelopment Agency, do hereby certify that the foregoing Resolution was passed and adopted by the Lynwood Redevelopment Agency at a regular meeting held on the l~t~tiay of MaY , 2005. AYES: COUNCILMEN BYRD, PEDROZA, SAI~TILLAN AND RODRIGUEZ NOES: NONE ABSENT: COUNCILWOMAN VASQUEZ ABSTAIN: NONE ~x~~' ~' ~ry~~ Agency Secretary, Lynwood Redevelopment Agency STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned Agency Secretary for the Lynwood Redevelopment Agency, do herebv ~Artify that the above and foregoing is a full, true and correct copy of Resolution No?~05•Q~ file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated thisl7thday of May ,2005. ~~ Agency Secretary, Lynwood Redevelopment Agency