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HomeMy Public PortalAbout2002.003 LRARESOLUTION NO. 2002.003 A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY APPROVING THE PROPOSED AMENDED AND RESTATED DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE LYNWOOD REDEVELOPMENT AGENCY AND URBAN, LLC., A CALIFORNIA LIMITED LIABILITY COMPANY 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, on 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 Amended and Restated Disposition and Development Agreement ("ARDDA") with Urban, LLC ("Developer"), which provides for the development of a retail center on developer and Agency-owned property; 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 ARDDA contains all the provisions, terms, conditions and obligations required by state and local law; and WHEREAS, the Developer possesses the qualifications and parcels necessary to insure 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 ARDDA and related agreements; WHEREAS, the Agency and the City Council have duly considered the proposed ARDDA 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 Agency to reduce blight in the Project Area; NOW, THEREFORE, IT IS RESOLVED by the City Council of the City of Lynwood and the Lynwood Redevelopment Agency as follows: Section 1. The Agency and City Council hereby find and determine that the development of the Site pursuant to the ARDDA 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 provisions of applicable State and local law. Section 2. The Agency and City Council hereby find and determine that the development of the Site pursuant to the proposed ARDDA is necessary to effectuate the purpose of the Redevelopment Plan for the Redevelopment Project. Section` 3. The Agency and the City Council hereby find and determine that the development of the Site pursuant to the proposed ARDDA will be consistent with the development permitted at that location by Lynwood's Zoning Ordinance. H:WORD/REDEVELP/LMORALES/URBANARDDALRARESO 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 ARDDA and to the actions connected therewith, and hereby overrules all such oral and written objections. Section 5. The Executive Director of the Agency is hereby authorized to execute the ARDDA. Section 6. 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 ARDDA, and to administer and implement the Agency's obligations, responsibilities and duties to be performed under the ARDDA. APPROVED AND ADOPTED this 24T" day of January 24, 2002. ATTEST: Andrea L. Hooper, Secretary APPROVED AS TO FORM: ARTURO REYES, CHAIRMAN ,2~~ Fausfiin Gonzales, Executive Director APPROVED AS TO CONTENT: Loud§`N(orales, Deputy Director C ~ ~munity Devel~ment (Redevelopment) H:WORD/REDEVELP/LMORALES/URBANARDDALRARESO STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) I, the undersigned Secretary of the Lynwood Redevelopment Agency (LRA) do hereby certify that the above and foregoing resolution was duly adopted by the said Agency at a regular meeting thereof held in the City Hall of the City of Lynwood on the 24th day of January, 2002, and passed by the following vote: AYES: MEMBERS RICHARDS, RODRIGUEZ, PEDROZA, REYES NOES: NONE ABSENT: MEMBER BYRD ABSTAIN: NONE SECRETARY LYNWOOD REDEVELOPMENT AGENCY STATE OF CALIFORNIA ) )ss. COUNTY OF LOS ANGELES ) I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. LRA 2002.003 on file in my office and that said resolution was adopted on the date and by the vote therein stated. DATED this 24th day of January, 2002. O~ t ~ SECRETARY LYNWOOD REDEVELOPMENT AGENCY