HomeMy Public PortalAbout2009.046 - LRA (09-01-09)RESOLUTION NO. 2009.046
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY OF 7HE
CITY OF. LYNWOOD AUTHORIZING THE CHAIR TO EXECUTE THE
AGREEMENT'FOR PURCHASE AND SALE OF REAL PROPERTY AND
JOINT ESCROW INSTRUCTIONS 4325 CARLIN AVENUE
WHEREAS, the Lynwood Redevelopment Agency (the "Agency") has
been duly created, established and authorized to transact business and exercise
its powers under and pursuant to the Community Redevelopment Law (Part 1 of
Division 24 of the Health and Safety Code of the State of California) (the "CRL");
and
F,
WHEREAS, the'Agency is engaged in activities necessary to carry out
and implement the Redevelopment Plan for the Project Area "A" Redevelopment
Project (the "Project Area"), and has -adopted an Implementation Plan for the
Project Area in accordance with California Health and Safety Code Section
33490 (the "Implementation Plan"); and
WHEREAS, the Agency's Implementation Plan for the Project Area
includes the acquisition of real property to stimulate the creation of affordable
housing as one of the proposed redevelopment activities; and
WHEREAS, the Agency's staff has identified that the acquisition 4325
Carlin Avenue conforms with the goals of the Implementation Pian.
NOW, THEREFORE, THE AGENCY BOARD DOES HEREBY
DETERMINE AND RESOLVE AS FOLLOWS:
Section 1. That the Chair is authorized to execute the "Agreement for
Purchase and Sale of Real Property and Joint Escrow Instructions" in a form
approved by the Agency Counsel.
Section 2. The Executive Director and/or any other authorized officers are
hereby authorized to take such actions, perform such acts as may be necessary
to assist the Agency to accomplish the acquisition of 4325 Carlin Avenue.
Section 3. The expenditure of $1,680,000 from LMIHF Area "A" is
authorized along with additional escrow related expenditures.
Section 4. That this resolution shall take effect immediately upon approval
by majority vote of the members of the Agency.
PASSED, APPROVED, AND ADOPTED THIS 15~ day of September, 2009.
ATTEST:
~J
Maria T. Santillan
Chair
-- /
~C.~ ,
Maria Quinonez Roger ale
Secretary Executive Director
APPROVED AS TO Ff1RM
O
Fred Galante
Agency Counsel
APPROVED AS TO CONTENT:
/~
Sarah ithers
Director of Redevelopment
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 1St day of September, 2009.
AYES: MEMBER CASTRO, FLORES, MORTON, RODRIGUEZ, AND
SANTILLAN
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
r-- ,
Maria Quinonez, ecretary
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. 2009.046 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 1St day of
September, 2009.
C.lid
Maria Quinonez, ecretary