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HomeMy Public PortalAbout97-158 (09-02-97)RESOLUTION NO. 97-158 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD TO AUTHORIZE REMAINING IN THE LOS ANGELES MARKET DEVELOPMENT ZONE (ZONE) FOR FY 1997-1998; TO AUTHORIZE APPROPRIATION OF $3,000 TO PAY FOR THE MEMBERSHIP DUES; AND TO AUTHORIZE THE CITY MANAGER TO WITHDRAW FROM THE ZONE IF BY MAY 30, 1998 THERE HAS NOT BEEN ANY LYNWOOD BUSINESS APPLY FOR THE LOW INTEREST LOAN PROGRAM ~ WHEREAS, in 1993, the City Councii authorized the City to join the Los Angeles County Market Development Zone (Zone) ; and WHEREAS, businesses located within a zone benefit from streamlined regulation, access to low-cost state loans, and the technical expertise of the California lntegrated Waste Management Board (CIWMB); and WHEREAS, the City credits participation in the Zone in its reporting to the CIWMB on the City's progress in meeting AB 939 mandate; and WHEREAS, since the City joined the Zone in 1993, there has been a lack of Lynwood businesses applying for the low interest loan; and WHEREAS, withdrawing from the Zone would redesignation by CIWMB; NOW THEREFORE, BE IT FURTHER RESOLVED, by the City Council of the City of Lynwood: SECTION 1. That the City Council authorize the City to remain in the Los ' Angeles County Recycling Market Development Zone for Fiscal Year 1997-1998. SECTION 2. That the City Council appropriate $3,000 from the unappropriated General Fund for payment to the Los Angeles County Community Development Commission for Fiscal Year 1997-1998. SECTION 3. That the City Council authorize the City Manager to withdraw from the Los Angeles County Recycling Market Development Zone effective Fiscal Year 1998-1999 if there is still a lack of Lynwood for the low interest loan program. SECTION 4. That this resolution shall take effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this day of 1997. Paul H. Richards II, Mayor City of Lynwood ATTEST: ' ~S~~~ 01~ ~~~ Andrea L. Hooper City Clerk APPROVED AS TO FORM Yb11~r..~ ~. ~i,.~.l.a_ City Attorney APPROVED AS TO CONTENT r Fau tin Go le City Manager h: \wordfile\trancntr\agenda\rmdzwit. doc STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, the undersigned, City Cierk of the City of Lynwood, do hereby certify that the above and foregoing resolution was duly adopted by the City Council of said City at a regular meeting thereof held in the City Hall of said City on the day SEPTEMBER 2, , 1997, and passed by the following vote: AYES: COUNCILMEMBER BYRD, REA, RICHARDS NOES: NONE ABSENT: COUNCILMEMBER HENNING ~'>~~n-~f2.c~ ~i 4~~Q~dG~ City Gerk, City of Lynwood STATE OF CALIFORNIA ) ) ss. COUNTY OF LOS ANGELES ) I, the undersigned City Cierk of the City of Lynwood, and Clerk of the City council of said City, do hereby certify that the above and forgoing is a full, true and correct copy of Resolution No. 97-i 5st on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this ~N~ day of SFPTFMRFR , 1997 City Clerk, City of Lynwood h: \wordfile\trancntr\agenda\rmdzwit. doc