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
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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
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