HomeMy Public PortalAbout95.035 LRARESOLUTION NO. 95-3g
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT
BY AND BETWEEN THE LYNWOOD REDEVELOPMENT AGENCY
AND THE LEE GROUP INC., AND AUTHORIZING THE
EXECUTIVE DIRECTOR TO EXECUTE IT
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 the Agency proposed to enter into a Disposition and Development
Agreement ("DDA") with the Lee Group Inc., ("Developer"), which
provides for the development of a sixty-eight (68) single-family
units at the north and southwest corner of Atlantic Avenue and
Olanda Street; and
WHEREAS, the Agency desires to consider the transfer of
the Site in connection with the development of the Site by the
Developer; and
WHEREAS, the proposed DDA contains all the provisions,
terms, conditions and obligations required by state and local law;
and
WHEREAS, the Developer possesses the qualifications
necessary to insure development of the Site proposed in accordance
with the purposes and objectives of the Redevelopment Plan; and
WHEREAS, the Lynwood Redevelopment Agency and City
Council of the City of Lynwood have held a duly noticed joint
public hearing on the proposed DDA and related agreements;
WHEREAS, the Agency and the City Council have duly
considered the proposed DDA 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 Lynwood
Redevelopment Agency and the City Council as follows:
Section 1. The Agency and City Council hereby find and
determine that the development of the Site pursuant to the DDA is
in the best interest of the City of Lyn~~~ood 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 development of the Site pursuant to the proposed
DDA 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 DDA will be consistent with the development permitted at
that location by Lynwood's Zoning Ordinance.
PASSED, APPROVED AND ADOPTED this 21st day of November, 1995.
L U S BY , CHA RMAN
ATTEST:
O~ r
ANDREA L. HOOPER, SE TARY
APPROV~I3"~AS TO FORM
PECI~L,/COUNCIL
APPROVED AS TO CONTENT:
i~
f/
GARY D. CHI TS
Community velopment Director
wp/red'~velp/LEERESO.AGC/111495/lm
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 ~dc lted b~; the said Agency at a
regular meeting thereof held in the City Hall of the City of
Lynwood on the day of
19 , and
passed by the following vote:
AYES: HFTNF~ HFNNTN~ R A RICHARDS BYRD
NOES : ~lD N F
ABSENT : ~10NE
L ~
l.~ v
Secretary
Lynwood Redevelopment Agency
s_
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 95-34 on file in my office and that said resolution was
adopted on the date and by the vote therein stated.
DATED this 21st day of November ~ lg_~.
ti i
Secretary
Lynwood Redevelopment Agency