HomeMy Public PortalAbout96.038 LRALRA RESOLUTION N0.96=38
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY (THE
"AGENCY") APPROVING THE ACQUISITION AND DEMOLITION OF
PROPERTY KNOWN AS 12416 LONG BEACH BOULEVARD AND AUTHORIZING
THE CHAIRMAN TO EXECUTE A PURCHASE AGREEMENT FOR THE
ACQUISITION
WHEREAS, the Agency, pursuant to the
Community Redevelopment Law of the State of Calipfornia ~ Heal h and
Safety Code, is engaged in the redevelopment activities necessary
for the implementation of the Redevelopment Plan; and
WHEREAS, the Agency directed staff to pursue negotiations for
the acquisition of the property located at 12416 Long Beach
Boulevard; and
WHEREAS, Agency staff negotiated a purchase price pursuant to
Agency direction in the amount of $860,000.00; and
WHEREAS, the Agency deems it necessary to acquire the property
for the elimination of blight; and
WHEREAS, the acquisition of the subject property is in
furtherance of the implementation of the Redevelopment Plan and the
South Long Beach Plan,
NOW, THEREFORE, the Lynwood Redevelopment Agency does hereby
resolve as follows:
Section 1. The Agency approves the acquisition in the amount
of $860,000.00 and authorizes the Chairman to execute the purchase
agreement on behalf of the Agency.
Section 2. The Agency approves the demolition and authorizes
staff to prepare the specifications and advertise the project for
demolition.
Section 3. This resolution shall become effective immediately
upon its adoption.
PASSED, APPROVED and ADOPTED
ATTEST:
this 17th of December, 1996
~~' _~~
PAUL H. R I CHARD S I I, CSI- A I~ MAN
t i
Andrea L. Hooper, S cretary
APPRO'f~7~,D AS TO FORM
Faustin Gonz.a~les,,
Executive Director
APPROVED AS TO
r~~ency Specia Counsel '~~ U ~~
' I Gary Chicots
`~J~ Community De
n:wp\redevelp\ WYPCHS.STF
CONTENT:
y .. ~:
µrector
opment
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
I, the undersigned, Secretary of the Lynwood
Redevelopment Agency, 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 December
19 96 and
passed by the following vote:
AYES: MEMBER BYRD, HEINE, HENNING, REA, RICHARDS
NOES : NONE
ABSENT : NONE
~!'1
Secretary
Lynwood Redevelopment Agency
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ~ 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 96-38 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 December
19 96
'~ -`C~
Secretary
Lynwood Redevelopment Agency