HomeMy Public PortalAboutM2005-01-04-LRALYNWOOD REDEVELOPMENT AGENCY
REGULAR MEETING
JANUARY 4, 2005
The Lynwood Redevelopment Agency of the City of Lynwood met in a Regular Meeting
in the Council Chambers, 11330 Bullis Road on the above date at 5:23 p.m
Chairman Rodriguez presiding.
Members Byrd ,Pedroza, Santillan, Vasquez, and Rodriguez answered the roll call.
Also present were Interim Executive Director Wang, City Attorney Beltran, Secretary
Hooper and Treasurer Pygatt.
Secretary Hooper announced that the agenda had been posted in accordance with the
Brown Act.
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
NONE
PUBLIC ORAL COMMUNICATIONS
NONE
ITEMS FOR CONSIDERATION
Item #1: MINUTES OF PREVIOUS MEETING:
(NONE)
Item #2: APPROVAL OF THE WARRANT REGISTER
It was moved by Member Pedroza, seconded by Member Byrd to adopt the following
Resolution.
RESOLUTION NO. 2005.001 ENTITLED:
"A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY OF THE
CITY OF LYNWOOD, CALIFORNIA, ALLOWING AND APPROVING THE
DEMANDS AND WARRANTS THERE FOR".
ROLL CALL:
AYES: MEMBER BYRD, PEDROZA, SANTILLAN, VASQUEZ AND
RODRIGUEZ
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
PRESENTATION
Item #3: DEVELOPER PRESENTATION
The Charles Company presented its proposed project on Long Beach Blvd. regarding the
Transit Village.
Marvin Jarmon -introduced the presentation
Sarah Magana- Conducted the Presentation
It was moved by general consent to receive and f le the report.
PUBLIC HEARING ITEMS
Item #4: JOINT PUBLIC HEARING FOR CONSIDERATION OF A DDA WITH
WHISPERING GLEN, LLC FOR THE DEVELOPMENT OF FIFTY
TWO (52) HOUSES AT /NEAR THE NORTHWEST CORNER OF
ATLANTIC AND CARLIN AVENUES.
It was moved by Vice- Chairperson Santillan, seconded by Member Pedroza and carried
to open the Public Hearing.
Idea Castro stated she has some concerns on the amount of three and half million dollars
that the city is giving to the developer.
Rod White stated the area is to small to build 52 homes and the city already has a big
parking problem and Council is going to have to address this situation. Also he does not
agree with the developer getting three and half million dollars.
Greg Stone - gave a brief presentation on developing affordable housing on Atlantic Ave
and Carlin Ave.
It was moved by Member Pedroza, seconded by Chairman Rodriguez and carried to close
the Public Hearing.
Member Byrd stated he hoped council would approve this project.
Chairman Rodriguez stated that he read the report but there are many unanswered
questions such as the DDA.
It was moved by Member Pedroza,seconded by Chairman Rodriguez and carried to
continue this item.
ROLL CALL:
AYES: MEMBER
RODRIGUEZ
NOES: NONE
ABSTAIN: MEMBER BYRD
ABSENT: NONE
PEDROZA, SANTILLAN, VASQUEZ AND
CONSENT CALENDAR
All matters listed under the Consent Calendar will be acted upon one motion affirming
the action recommended on the agenda. There will be no separate discussion on these
items prior to voting unless members of the Agency or staff request specific items be
removed from the Consent Calendar for separate action.
Item #5: DEVELOPMENT CONCEPT REVIEW
Member Pedroza stated he would like a brief explanation.
Director of Redevelopment Morales stated the Property includes the McDonald's piece
and the parking lot, and sees this as an opportunity to clean up the entire block.
It was moved by Chairman Rodriguez seconded by Member Pedroza and carried to
approve Option B, which provides a better layout and allows for more parking. Also
maintains a constant linear building line between the buildings separated by the alley and
in turn provides more exposure to the retail spaces proposed on the Agnes side of the site.
The developer will approach the owner of the property located at 11817 Atlantic Avenue
with an offer to purchase.
ROLL CALL:
AYES: MEMBER BYRD, PEDROZA, SANTILLAN, VASQUEZ AND
RODRIGUEZ
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Item #6: APPROVAL OF THE AGENCY ENTERING INTO AN AGREEMENT
WITH FANNIE MAE FOR ACCESS TO $10,000,000.00 OF FANNIE
MAE COMMUNITY EXPRESS FUNDS AND OPENING A TRUST
ACCOUNT WITH US BANK AND MOVING OF $2,500,000.00 IN
1999 SERIES A BOUND PROCEEDS FROM THE HOUSING FUND
TO THE NEW TRUST ACCOUNT AND APPROVAL OF MODIFYING
THE CONTRACT OF SIDLEY, AUSTIN, BROWN, AND WOOD.
Member Vasquez stated she would like a brief explanation.
Director of Redevelopment Morales clarified that the $10 million
dollars is the amount that the City has accesses to. The City is not going to use the
full amount. The amount the City would use is $3.5 million dollars.
Member Vasquez stated she did not feel comfortable voting for this without a plan
to pay back the $3.5 million dollar gap.
It was moved by Member Pedroza seconded by Chairman Rodriguez to carried to adopt
the following resolution with corrections
RESOLUTION N0.2005.002 ENTITLED:
"A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
AUTHORIZAING THE EXECUTIVE DIRECTOR, ON BEHALF OF THE
AGENCY, TO ENTER INTO AN AGREEMENT WITH THE FANNIE MAE
COMMUNITY EXPRESS PROGRAM FINANCING PROGRAM FOR
~ 10,000,000.00
ROLL CALL:
AYES: MEMBER BYRD, PEDROZA, SANTILLAN, AND RODRIGUEZ
NOES: MEMBER VASQUEZ
j ABSTAIN: NONE
ABSENT: NONE
ADJOURNMENT
Having no further discussion, it was moved by Member Pedroza, seconded by Chairman
Rodriguez and carried to adjourn the Regular Lynwood Redevelopment Meeting at 8:20
p.m. in the memory of the Tsunami victims and Dr. Janet Marie Stewart wife of Bishop
Stewart.
f
i _ it \
Ramon'~odriguez, Chairman
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Andrea L. Hooper, Secretary