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RESOLUTION NO. 2005.030
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY APPROVING THE
PROPOSED- DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN
THE LYNWO®D REDEVELOPMENT AGENCY AND CASA GRANDE;DEVELOPMENT,
LLC FOR THE DEVELOPMENT OF UP TO ONE HUNDRED AND TWENTY (120)
SINGLE FAflAILY HOMES AT THE ALAMEDA TRIANGLE, BOUN®ED BY IMPERIAL
HIGHWAY, ALAMEDA STREET AND FERNWOOD AVENUE
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 Casa Grande Development, LLC ("Developer"), which provides
for the development of up to One hundred and twenty (120) 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
development 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 the best interest of the City of
Lynwood and in furtherance of the goals and objectives of the Lynwood Redevelopment
AAgency 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 with the public purposes and
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 they n+~day of O.ct~ber , 2005.
AYES: COUNCILMEN PEDROZA, SANTILLAN,AND RODRIGUEZ
NOES: NONE
ABSENT: COUNCILMEN BYRD AND VASQUEZ
ABSTAIN: NONE
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Agency Secretary, Lynwood Redevelopment Agency
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, the undersigned Agency Secretary for the Lynwood Redevelopment Agency, do
herebyy certify that the above and foregoing is a full, true and correct copy of Resolution
No?005.0~~ file in my office and that said resolution was adopted on the date and by the
vote therein stated.
Dated this ntnday of ~ctobPr ,2005.
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Agency Secretary, Lynwood Redevelopment Agency