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HomeMy Public PortalAbout95-177 (11-21-95)RESOLUTION NO. 95 -177 A RESOLUTION OF THE LYNWOOD CITY COUNCIL 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 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 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. 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 DDA 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 DDA. 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 DDA, and to administer and implement the Agency's obligations, responsibilities and duties to be performed under the DDA. APPROVED AND ADOPTED this 21st day of November, 1995. MMM / � �s .- Council ! ATTEST: r ANDREA L. HOOPER, CITY II.RK APPROVED AS TO FORM: Community lopment Director APPROVED AS TO CONTENT: STATE OF CALIFORNIA ) SS. COUNTY OF LOS ANGELES ) City Clerk, City of Lynwood `J STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. I, the undersigned City Clerk of the City of Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. 95 -177 on file in my offices and that said resolution was adopted on the date and by the vote therein stated. Dated this 21st day of November, 1995. P /5 i� ' WX City Clerk I, the undersingned, City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 21st and November , 1990. AYES: COUNCILMEMBERS HEINE, HENNING, REA, RICHARD, BYRD NOTES: NONE ABSENT: NONE City Clerk, City of Lynwood `J STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. I, the undersigned City Clerk of the City of Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. 95 -177 on file in my offices and that said resolution was adopted on the date and by the vote therein stated. Dated this 21st day of November, 1995. P /5 i� ' WX City Clerk