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HomeMy Public PortalAbout99.041 LRALRA RESOLUTION NO. gg . 41 A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY APPROVING THE PURCHASE AND SALE AGREEMENT BY AND BETWEEN THE LYNWOOD REDEVELOPMENT AGENCY AND JESSIE MARIE THOMPSON FOR THE SALE OF THE AGENCY OWNED PROPERTY LOCATED AT 11420 STATE STREET. 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, and on July 19, 1988 by Ordinance No. 88-1308; 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 ~e Agency proposes to enter into a Purchase and Sale Agreement with Jessie Thompsori,~"Buyer"), which provides for the sale of the Agency owned site located at 11420 State Street; and WHEREAS, the Agency desires to consider the disposition of the Agency owned property in connection with the development of the Site by the Developer; and WHEREAS, the proposed Agreement contains all the provisions, terms, conditions and obligations required by state and local law; and WHEREAS, the sale of this house to Jessie Thompson allows the Agency to meet the established affordable housing goals identified in the City of Lynwood's approved Consolidated Plan and 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 Agreement and related agreements; WHEREAS, the Agency and the City Council have duly considered the proposed Agreement 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 sale of the Site 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 sale of the Site pursuant to the proposed Purchase and Sale Agreement 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 Purchase and Sale Agreement 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 Agreement 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 Agreement. 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 Agreement, and to administer-.and implement the Agency's obligations, responsibilities and duties to be performed under the Agreement. APPROVED AND ADOPTED this 17T" day of August, 1999. RIC D SANCHEZ, CHA N ATTEST: ,~' k~~~ ~et...~ Andrea L. Hooper, Secretary APPROVED AS TO FORM: P,~..~~. <Shan The e;.,-Esq. Agency Counsel Ralph a , Executive Director APPROVED AS CONTENT: Gary D. Chicots, Director Community Development 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 17th day of August , 19, 99 ,and passed by the following vote: AYES: MEMBER BYRD, REA, RICHARDS, SANCHEZ NOES: ABSENT: MEMBER REYES STATE OF CALIFORNIA COUNTY OF LOS ANGELES ~~ 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 Resolution No. LRA 99.41 on file in my office and that said resolution was adopted on the date and by the vote therein stated. DATED this 17th day of August , 199 SECRETARY LYNWOOD REDEVELOPMENT AGENCY