HomeMy Public PortalAbout86-095 (08-19-86)RESOLUTION NO. 86-95
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD,
CALIFORNIA, APPROVING THE ISSUANCE BY THE LYNWOOD
REDEVELOPMENT AGENCY OF ITS REDEVELOPMENT PROJECT AREA
"A", AS AMENDED, TAX ALLOCATION BONDS, SERIES 1986,
AND MAKING CERTAIN DETERMINATIONS RELATING THERETO
WHEREAS, the Lynwood Redevelopment Agency (the "Agency") is
a redevelopment agency duly created, established and authorized
to transact business and exercise its powers, all under and
pursuant to the Community Redevelopment Law (Part 1 of
Division 24 (commencing with Section 33000) of the Health and
Safety Code of the State of California) and the powers of the
Agency include the power to issue bonds for any of its
corporate purposes; and
WHEREAS, a Redevelopment Plan for a Redevelopment Project
known as the "Redevelopment Project Area "A", As Amended," has
been adopted and approved by Ordinance No. 945, as amended, of
1 the City of Lynwood (the "City"), which became effective on
August 9, 1973, and all requirements of law for and precedent
to the adoption and approval of said Redevelopment Plan have
been duly complied with; and
WHEREAS, the Agency has adopted its resolution entitled:
RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
AUTHORIZING THE ISSUANCE OF TAX ALLOCATION BONDS OF
SAID AGENCY IN A PRINCIPAL AMOUNT NOT TO EXCEED THREE
MILLION SEVEN HUNDRED FIFTY THOUSAND ($3,750,000) TO
FINANCE A PORTION OF THE COST OF A REDEVELOPMENT
PROJECT KNOWN AS THE REDEVELOPMENT PROJECT AREA "A";
and
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WHEREAS, under and pursuant to the above-referenced
Resolutions, the Agency has authorized the issuance of not to
exceed $3,750,000 Lynwood Redevelopment Agency Redevelopment
Project Area "A", As Amended, Tax Allocation Bonds, Series A
1986 (the "Bonds");
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY
THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA, AS FOLLOWS:
Section 1. Approval of Issuance of Bonds. The City
Council hereby approves the issuance of a principal amount of
$3,750,000 "Lynwood Redevelopment Agency, Redevelopment Project
Area "A", As Amended, Tax Allocation Bonds, Series 1986", in
order to aid in the financing of the Redevelopment Plan, and
for other purposes related thereto, all of which constitute a
"redevelopment activity", as such term is defined in Health and
Safety Code Section 33678, pursuant to the terms of the Agency
resolutions referenced in the recitals hereof.
Section 2. Effective Date
effect upon adoption.
This Resolution shall take
PASSED, APPROVED AND ADOPTED THIS 19th day of August ,
1986.
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City Clerk of the City 'f Lynwood
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WARRANT REGISTER DY WARRANT NUMDER
(JAf?R ANT# AMOUNT... .. VENDOR# VENDOR NAME ................... DESC................ PU#.. INVOICE#.. DATE ..... INVOICE AMOUNT
11587 1,126. 77 188 MONARCH RROOM & WIRE REPAIR 1 OB-19-86 1126. 77
7.1588 3,945. 00 498 MSI SERV FOR COAST ANALY 1504-(LY-b 08-19-86 3945. OP
SIS SYS
11599 60. 93 198 NIXON-EGLI EOVIPMF_NT DEFLECTOR PAD IC8670 OB-19-O6 60. 93
11590 2,729. 89 201 PACIFIC BELL TELEPHONE CHARGES 1 OB-t9-Ob 2729. 89
11591 225. 00 99999 PAVLINE O. JAMES REFUND 1 08-19-86 225. 00
13592 60. 65 211 PRECISION AUTOMOTIVE MASTER CYL. & REAR B 32343 OB-19-96 h0. 65
RAKE SHOES
11593 442. 02 213 PRESS TELEGRAM ADS 1 00-f9-86 442. 02
11594 33. 00 216 PRUDENTIAL OVERALL SVPL TOWEL SERVICE 640078 OB-19-86 33. OU
11995 68. 14 225 RENTERIA AUTO PARTS DATTERY 1 09-19-85 bB. f4
11596 25. 00 12 RODERT ARCNAMDAVLT COMP FOR COMMR S. 7/2 1 OB-19-86 25. 00
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11597 175. 00 120 RODERT HENNING AUTO AIIOWANCE FOR A 02 08--].9-86 L79. 00
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11598 25. 00 177 RODERT MARKDVIC COMP FOR MEETING 7-2 1 OB-19-06 25. 00
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11599 25. 00 305 RONALD WRIGHT COMP FOR COMMR S_ 7/2 1 OB-19-86 25. 00
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11600 340. 00 230 SAFECD TITLE INSURANCE TITLE INSURANCE POLI 1 09-19-86 340. OQ
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11601 4,953. 32 231 SAFETRAN TRAFFIC LIGHT CONTRO 2084 OB-l9-U6 4953. 32
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11602 13.820. 30 239 SELF INSURANCE FUND WORKERS COME PAV 1 UD-19-Ub 13020. 30
11603 20. 77 479 SHIRLEV'S PHOTOGRAPHY PICTURES/ JOHN DVORIS 1549550 OB-19-Hh 20. 77
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2093 08-17-86 63. 09
1 09-19-96 20. 00
743680 09-19-86 74. 71
1 08--19--86 17. 50
70215 OB-19-86 3834. 58
1-40926 Ofl-19-96 459. 33
1 OB-19-86 750. 63
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2342M1 09-19-Rb 389. 97
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF LYNWOOD )
CITY CLERK'S CERTIFICATE
RE ADOPTION OF RESOLUTION
I, Andrea L Hooper City Clerk of the City of
Lynwood, California, DO HEREBY CERTIFY that the foregoing
resolution was duly adopted by the City Council held on
the 19th day of August 1986 and that the same was
passed and adopted by the following vote, to wit:
AYES: Councilmembers BYORK MORRIS WFi~S PFVNTN(;
NOES:
ABSENT:
ABSTAIN:
(SEAL)
Councilmembers NONE
Councilmembers
Councilmembers
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF LYNWOOD )
City Clerk of the City of
Lynwood, California
CITY CLERK'S CERTIFICATE
OF AUTHENTICATION
I, Andrea L. Hooper City Clerk of the City of
Lynwood, California, DO HEREBY CERTIFY that the above and
foregoing is a full, true and correct copy of Resolution
No. 86-95 of the City Council of said City and that said
Resolution was adopted at the time and by the vote stated on
the above certificate, and has not been amended or repealed.
City Clerk of the City of
Lynwood, California
4174d/2019/027 '3-
I