HomeMy Public PortalAbout2009.018 - LRA (04-01-09)RESOLUTION NO. 2009.018
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
LYNWOOD APPROVING AN AMENDMENT TO THE AGREEMENT BETWEEN
THE LYNWOOD REDEVELOPMENT AGENCY AND KOSMONT COMPANIES
FOR ADDITIONAL COST NOT TO EXCEED $111,000 TO PROVIDE
REDEVELOPMENT CONSULTING SERVICES
WHEREAS, on February 21, 2008, the Agency approved an Agreement
with Kosmont Companies to provide consulting services; and
WHEREAS, Kosmont Companies represents that it is fully qualified to
perform consulting services by virtue of its experience and the training, education
and expertise of its principals and employees; and
WHEREAS, the Agency is in the process of pursuing various commercial
and residential redevelopment projects; and
WHEREAS, Kosmont Companies has exceeded its expenditure limit and
provided a proposal to the Agency to provide consulting services such as assist
staff in negotiations, outreach to developers, analyzing proformas, and reviewing
developer proposals.
NOW, THEREFORE THE LYNWOOD REDEVELOPMENT AGENCY
DOES HEREBY FIND, DETERMINE, ORDER AND RESOLVE AS FOLLOWS:
Section 1: The Lynwood Redevelopment Agency authorizes the Agency
Chair to execute an amendment to the Consulting Services Agreement with
Kosmont Companies.
Section 2: The extension of the term of the Consulting Services
Agreement shall be in a form approved by the Agency Counsel for an amount not
to exceed $111,000.
Section 3: The Agency authorizes the Chair to execute an Agreement
with the Kosmont Companies for the Wright Road Development project and
directs that the expenses shall be charged to the developer's deposit.
Section 4: This resolution shall become effective immediately upon its
adoption.
PASSED, APPROVED and ADOPTED this 1st day of April 2009.
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Maria T. Santillan,
Chair
ATTEST:
l r---
Maria Quinonez,
Secretary
APPROVED AS TO FORM:
Fred Galante,
Agency Counsel
Rog L. H ey,
Executive Director
D TO CONTENT:
Hempe"
Cant City Manager
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do
hereby certify that the foregoing Resolution was passed and adopted by the
Agency at its special meeting held on the 15t day of April, 2009.
AYES: MEMBER CASTRO, MORTON, RODRIGUEZ, AND SANTILLAN
NOES: NONE
ABSENT: FLORES
ABSTAIN: NONE
i /
/ ,
Maria Quinonez, S cretary
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do
hereby certify that the above foregoing is a full, true and correct copy of
Resolution No. 2009.018 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 15~ day of April,
2009.
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i
aria Quinonez, Secretary