HomeMy Public PortalAbout2002.027 LRARESOLUTION NO. LRA-2002.027
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY APPROVING THE
TRANSFER AND DISPOSITION OF CERTAIN REAL PROPERTY (11331 Plaza) FROM
THE AGENCY TO M+D PROPERTIES
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 purchase and subsequently transfer the property,
which was purchased utilizing M+D Properties (the "Developer") funds back to the
Developer; 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 transfer acquisition and transfer will be at no direct cost
to the Agency and 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 DDA and related agreements;
WHEREAS, the Agency and the City Council have duly considered the proposed
disposition and believe that the disposition 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
disposition of the Property pursuant to the purchase and sale agreement 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
purchase and transfer of the Property 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
disposition of the Property will be consistent with the development permitted at that
location by Lynwood's Zoning Ordinance.
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 disposition
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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 disposition/transfer.
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 transfer, and to administer and implement the
Agency's obligations, responsibilities and duties to be performed under any agreement if
applicable.
APPROVED AND ADOPTED this 7~' day of August 2002.
~~~~
ARTURO REYES, CHAIRMAN
ATTEST:
~~~ O~ /
Andrea L. Hooper, Secretary
APPROVED AS TO FORM:
Fa - tin Gonzale ,
Executive Director
Michael Montgomery, Es .
Agency Counsel
~~Director (Interim)
evelopment
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-~
APPROVED AS TO CONTENT:
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 7tn day of August, 2002, and passed by the following
vote:
AYES: MEMBERS
REYES
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
STATE OF CALIFORNIA
BYRD, PEDROZA, RICHARDS, RODRIGUEZ,
COUNTY OF LOS ANGELES
~- ~,~2~-i;..~
SECRETARY
LYNWOOD REDEVELOPMENT AGENCY
)ss.
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 LRA
Res~,iutioY~ iiib. 20u2.G27 on file in my office ~:nd that said resolution was
adopted on the date and by the vote therein stated.
DATED this 7th day of August, 2002.
SECRETARY
LYNWOOD REDEVELOPMENT AGENCY