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LRA RESOLUTION NO. 95-8
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
LYNWOOD APPROVING THE OWNER PARTICIPATION AGREEMENT BETWEEN
THE LYNWOOD REDEVELOPMENT AGENCY AND AMERICAN RECYCLING
TECHNOLOGIES INC. FOR A PROPOSED SOILS RECYCLING FACILITY
LOCATED AT 10650 ALAMEDA STREET WITHIN REDEVELOPMENT PROJECT
AREA "A" AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE
AGREEMENT ON BEHALF OF THE AGENCY.
Tn7HEF?F.A~~ tl~c~ T,yn:NOOd Redevelopment Agency ( "Agency" ) iS
a redevelopment agency duly formed, organized and existing pursuant
to and under the provisions of the State of California
Redevelopment Law codified as California Health and Safety Code
Sections 33000 et. sea.; and
WHEREAS, the Agency is engaged in carrying out
redevelopment projects in Project Area "A" pursuant to the adopted
Redevelopment Plan; and
WHEREAS, on March 7, 1995, the Agency approved a proposal
(the Project) to approve soils recycling facility which utilizes
thermal desorption and bio-remediation process to clean
contaminated soils: and,
WHEREAS, an Owner Participation Agreement has been
prepared specifying the rights and responsibilities of the Agency
and the Owner/Participation in relation to the Project; and
WHEREAS, said Agreement has been determined to be
satisfactory to both parties; and
thzHEREAS, file Planning CG~:tTM:itiS~_C~"i has detern~lne t:riat tiie
project qualifies for a mitigated negative declaration pursuant to
the California Environmental Quality Act CEQA:
NOW, THEREFORE, the Lynwood Redevelopment Agency does
hereby resolve and determine as follows:
Section 1. The Agency hereby approves the Owner
Participation Agreement between the Agency and American Recycling
Technologies Inc.
Section 2. The Agency hereby directs and authorizes the
Executive Director to execute said Agreement on behalf of the
Agency.
PASSED, APPROVED and ADOPTED by the.Lynwood Redevelopment
Agency this 7th day of March, 1995.
SOU S J . _ ,FINE,' VICE-CHAIRMAN
Ly wood.-' development Agency
ATTEST:
r
Q-~
't
Andrea Hooper, Sec tary Fau-t~n Gonzal
Executive Director
APPROVED AS TO FORM:
ci~(1 Agency Q'q'unsel
~ ~ ~
APPROVED AS TO CONTENT:
'" _
Gary Chicots
Community Dev opment
wp/redevelp/recyreso/030295/rb
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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 7th day of March ~ 19 95 , and
passed by the following vote:
AYES : Member Heine, Henning, Rea
NOES : Member Richards, Byrd
ABSENT : None
Secretary
Lynwood Redevelopment Agency
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
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 95-8 on file in my office and that said resolution was
adopted on the date and by the vote therein stated.
DATED this ~~ day of March ~ 19 95
~a_f
Secretary
Lynwood Redevelopment Agency