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HomeMy Public PortalAbout2009.025 (02-17-09)RESOLUTION NO. 2009.025 A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AND THE LYNWOOD REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE LYNWOOD REDEVELOPMENT AGENCY AND CEDARS ENGINEERING CONSTRUCTION, INC. FOR THE PURCHASE AND REHABILITATION OF 11300 ATLANTIC AVENUE WHEREAS, the Redevelopment Agency of the City of Lynwood ("Agency") is a public body, corporate and politic, organized and existing under the California Community Redevelopment Law (Health & Safety Code § 33000, et seq.) ("CRL"); and WHEREAS, by previous action of the Agency and the City Council of the City of Lynwood (the "City Council" or "City" as appropriate) the Redevelopment Plan for the Agency's Project Area "A" was established by Ordinance No. 945 of the City Council on July 10, 1973, and has been amended from time to time; and WHEREAS, to effectuate the Redevelopment Plan, over the past several months, the Agency has negotiated a Disposition and Development Agreement (the "DDA") with Cedars Engineering Construction, Inc. ("Developer"); and WHEREAS, the DDA provides for the Developer's rehabilitation of a 15 single bedroom unit senior housing complex located at 11300 Atlantic Avenue. The Project will consist of a seven (7) very low income restricted units and eight (8) low income restricted units (the "Project"); and WHEREAS, the transaction contemplated by the DDA includes the disposition of the Site from the Agency to the Developer; and WHEREAS, Section 33433 of the CRL requires that the Legislative Body and the Agency Board approve the disposition of the Site by the Agency; that certain findings be made, and that a "Summary Report" and a copy of the DDA be made available for public inspection; and WHEREAS, the Agency has prepared the required Summary Report and notice of a joint public hearing of the Agency and City Council concerning the proposed DDA has been given in accordance with applicable law; and WHEREAS, on February 17, 2009, the Agency and City Council conducted and concluded a duly noticed joint public hearing pursuant to Section 33433 of the CRL to consider the DDA; and WHEREAS, the Project was, on July 10, 2001, previously determined to be categorically exempt from CEQA guidelines pursuant to Section 15301(a) and the conditions leading to this exemption have not changed; and WHEREAS, all legal prerequisites to the adoption of this Resolution have ~, occurred. NOW, THEREFORE, based on the evidence presented to the Agency ' Board and City Council, including the written staff report and oral testimony on this matter, and the DDA and Summary Report, the Agency Board of Directors and the City Council do hereby find, determine and resolve as follows: Section 1. The above recitals are all true and correct and are hereby adopted as findings. Section 2. The DDA is consistent with the Agency's adopted Implementation Plan for Project Area "A". Section 3. The consideration to be paid by the Developer for the Site is not less than the fair market value at the highest and best use in accordance with the Redevelopment Plan. Section 4. The development of the Site will assist in the elimination of blight in the Project Area. Section 5. The Agency Board of Directors and the City Council hereby approve, the DDA, and the instruments referenced therein, a copy of which is on file in the office of the City Clerk. Section 6. The Agency Chair and Executive Director, and Mayor and City Manager, are authorized and directed to take such actions and execute such documents as may be necessary to implement and effectuate this Resolution and the DDA on behalf of the Agency and City. Section 7. The Agency Secretary and City Clerk shall certify to the passage and adoption hereof. PASSED, APPROVED and ADOPTED this 17th day of February, 2009. M RIA T. SANTILLAN MAYOR ATTEST: i MARIA QUINONEZ R E ALE CITY CLERK CITY MANAGER APPROVED AS TO FORM: FRED GALANTE CITY COUNSEL APPROVED AS TO CONTENT: OFtRY HEN PE SSISTANT CITY MANAGER ~1 STATE OF CALIFORNIA ) SS. COUNTY OF LOS ANGELES ) 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 17th day of February, 2009. AYES: COUNCIL MEMBERS CASTRO, FLORES, MORTON, RODRIGUEZ, AND SANTILLAN NOES: NONE ABSENT: NONE ABSTAIN: NONE "- aria Quinonez, City lerk C~~ STATE OF CALIFORNIA ) SS. COUNTY OF LOS ANGELES ) ~"' I, the undersigned City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true ' and correct copy of Resolution No. 2009.025 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 17th day of February, 2009. Maria Quinonez, City Clerk