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HomeMy Public PortalAbout85-061 (06-04-85)RESOLUTION NO. 85-61 RESOLL"PION OF THE CITY COUNCIL OF TF~ CITY OF LY'~1F;OOD APPROVING THE SALE OF LAND BY THE LYNWOOD REDEVELOPMEZ~T AGENCY TO IINPERLAI. HIGEIWAY & LONG BEACH ASSOCIATES FOR THE DEVELOPME."~`I' OF REAL PROPERTY LOCATED AT 11122 AND 11136 LONG BEACH BOULE~IARD PND 3301 71`1PERIAL HIGEIWAY IN T'f~ REDEVEI(JPI~NT PROJECT AREA "A" WHEREAS, section 33433 of the Health and Safety Code requires the City Council after public hearing to approve the sale of land acquired with tax increment money; and WHEREAS, subject to the approval of the Lynwood City Council the Lynwood Redevelopment Agency, by Resolution Pdo. LRA 85- dated Play 7, 1985, has approved the sale of approximately 22,203 square feet of real property located on the Northeast corner of Imperial Highway and Long Beach Boulevard, to It~erial Highway & Long Beach Associates, for the sun_of $232,132 and has authorized the execution of the Disposition and Development Agreement for said sale; and V7HERFA.S, the City Council held a public hearing on the proposed sale pursuant to publication of notice as required by State Law; and b9HERFAS, the Lynwood City Council has received and considered the report of said Agency on the proposed development to be carried out pursuant to said Disposition and DeveloFnnent Agreement and the Negative Declaration on such proposed development; and as result of its said consideration and evidence p~ presented at the hearing on the same matter, this Council has determined that the proposed development will not have any significant effect on the environment other than as identified in the Environmental Assessment (Initial Study) prepared for subject project. NOW, THEREFORE, the City Council of the City of Lynwood does hereby find, determine, order and resolve as follows: Section 1. This 'Council hereby concurs wish those firidirigs made by the Lynwood Redevelopment Agency by its Resolution LRA No. 85- , dated June 4, 1985, and its action approving a Negative Declaration with respect to the proposed development. Section 2. The acquisition and combination of parcels as provided in the Agreement is necessary and appropriate to create an econanically viable develo~nt unit. Section 3. This Council hereby approves the sale by the Lynwood Redevelopment Agency to Imperial Highway & Long Beach Associates for the sum of $232,132, of that certain real property located at the Northeast corner of Imperial Highway and Long Beach Boulevard, in the City of Lynwood, County of Los Angeles, State of California, and more particularly descric~ed as follows: Street Address: 11122 & 11136 Long Beach Boulevard and 3301 Imperial Highway. Legal Description: Lots 84, 87, 88 and 89 of Tract No. 2551, in the City of Lynwood, as per map recorded in Book 24 Pages 78-80 inclusive of maps, in the office of the Los Angeles County Recorder. which real property is within the Lynwood Redevelopment Project Area "A". Section 4. The aforesaid Disposition and Development Agreement between the Lynwood Redevelopment Agency and Imperial Highway & Long Beach Associates is hereby approved. No further approval by the Lynwood City Council shall be required for said Agency to enter into such Agreement or convey said land pursuant thereto. PASSED, APPROVED and ADOPTED this 4th day of ,~~ 1985. 'n i i ~ i ~ . BYORK, Ma or ity of Lynwood ATTEST: ANDREA L. HOOPER, City Cler City of Lynwood APPROVED AS TO FORM: ~ ~~~ City Attorney STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) APPROVED AS in CONPENP: PATRICK P. IMPO Dir 'tor Coirnnunity Development ~~~,~~~ BARBARA FIKEL, Accounting Manager I, the undersigned, 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 qtr ~Y of June 1985. AYFS: COUNCILMEN MORRIS, ROWE, THOMPSON, BYORK NOES: NONE ABSENT: COUNCILMAN HENNING i City Clerk, City of Lynwood