HomeMy Public PortalAboutM2004-05-17-LRALYNWOOD REDEVELOPMENT AGENCY
SPECIAL MEETING
MAY 17, 2004
The Lynwood Redevelopment Agency of the City of Lynwood met in a Special Meeting
at Bateman Hall, 11330 Bullis Road on the above date at 5:00 p.m.
Chairman Byrd presiding.
Members Pedroza, Rodriguez, Santillan, Vasquez and Byrd answered roll call.
Also present were Executive Director Hempe, City Attorney Beltran, Secretary Hooper
and Treasurer Pygatt.
Agency Counsel Ron Wilson was absent.
Secretary Hooper announced that the agenda had been posted in accordance with the
Brown Act.
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
Irene Garcia -spoke on Item #5 LYNWOOD VISSION 2010 -FOCUSING ON THE
BIG PICTURE and on Item #6 HOUSING PROGRAMS AND PROJECTS. For Item #5
Lynwood Vision 2010 how was this considered. And for item #6 the price of these homes
are to high for grant to cover the down payment.
PUBLIC ORAL COMMUNICATIONS
NONE
ITEMS FOR CONSIDERATION
Item #5: FISCAL YEAR 2003-2004 YEAR END BUDGET REVIEW
Executive Director Hempe introduced the item and the purpose of the workshop.
Assistant City Manager Earnest spoke on Part I and Part II.
PART I
1. The City in fiscal Stability.
2. Economic Growth
3. Infrastructure Maintenance
4. Growth in order to Define the Work Program and Organization
PART II
1. How Lynwood can Grow
2. Organization Focuses
3. The next 5 to 6 year vision
Item #6: HOUSING PROGRAMS
Executive Director Hempe introduced this item and the purpose of the workshop.
Redevelopment Director Morales spoke on Part I and Part II
PART I
1. Development Project Selection/Review Process
2. Project Selection (Unsolicited Proposal)
3. Project Selection (Request for Proposal)
4. Project Selection
PART II
1. Agreements ~!
2. Steps in the Development Process
3. "ENA"
4. Owner Participation Process
5. "GAP"
6. "DDA"
Redevelopment Director Morales introduce John Perfit, he spoke on Part III.
PART III
1. Acquisition Process
2. Assets/Revenues
3. Forms of Financing (GAP)
4. Criteria for Evaluating Projects
5. Costs of Proposed Projects
6. Closing
Chairman Byrd called for recess at 7:30 p.m.
Council reconvened at 7:50 p.m.
Executive Director Hempe stated that she would like to thank staff for the presentations.
ADJOURNMENT
Having no further discussion, it was moved by Member Pedroza, seconded by Chairman
Byrd and carried to adjourn the Special Lynwood Redevelopment Meeting at 8:16 p.m.
~~
Andrea L. Hooper, Secretary