HomeMy Public PortalAbout2009.033 - LRA (06-16-09)RESOLUTION NO. 2009.033
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY OF THE
CITY OF LYNWOOD, CALIFORNIA APPROVING AN EXCLUSIVE
NEGOTIATING AGREEMENT BETWEEN THE LYNWOOD REDEVELOPMENT
AGENCY AND AMCAL MULTI-HOUSING INC.
WHEREAS, the Lynwood Redevelopment Agency ("Agency") is engaged
in activities necessary to carry out and implement the Redevelopment Plan for
Project Area "A" and Alameda Project Area; and
WHEREAS, the Five Year Redevelopment and Housing Implementation
Plan for Project Areas "A" and Alameda calls for the improvement of the range
and quality of housing in the Project Area through a combination of rehabilitation,
move-on housing, and new construction, with specific emphasis on conserving or
preserving residential uses in the Project Area "A";
WHEREAS, in order to carry out and implement such Redevelopment
Plan and the Implementation Plan the Agency is desirous of entering into this
Exclusive Negotiating Agreement with AMCAL MULTI-HOUSING INC., a
California limited liability company ("Developer"); and
WHEREAS, the Agency has duly considered all of the terms and
conditions of the proposed Exclusive Negotiating Agreement and believes that
the proposed Exclusive Negotiating Agreement is in the best interest of the
Agency and the health, safety, morals and welfare of its residents, and in accord
with the public purposes and provision of applicable state and local law and
requirements.
NOW THEREFORE, THE LYNWOOD REDEVELOPMENT AGENCY OF
THE CITY OF LYNWOOD DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. Having carefuily reviewed the terms and conditions set forth in
the Exclusive Negotiating Agreement, the Agency Staff Report, and both oral and
written testimony regarding the proposed Exclusive Negotiating Agreement, the
Agency hereby approves the proposed Exclusive Negotiating Agreement in the
form attached hereto as Attachment No. 1.
Section 2. The Agency hereby authorizes the Chairperson to execute the
attached Exclusive Negotiating Agreement with AMCAL Multi-Housing, Inc. in a
form approved by the Agency Counsel.
Section 3. This Resolution shall become effective immediately upon its
adoption by the Agency.
PASSED, APPROVED and ADOPTED this 16th day of June 2009.
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Maria T. Santillan
Chair
ATTEST:
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Maria Quinonez
Secretary
APPROVED AS TO FORM:
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Fred Galante ~
Agency Counsel
oger L. Ha
Executive Director
AS TO CONTENT:
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 regular meeting held on the 16`h day of June, 2009.
AYES: MEMBER CASTRO, FLORES, MORTON, RODRIGUEZ, AND
SANTILLAN
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
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Maria Quinonez, Secretary
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. 2009.033 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 16t" day of June,
2009.
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Maria Quinonez, ecretary