HomeMy Public PortalAbout1999.180 (11-02-99)RESOLUTION NO. 99.180
A RESOLUTION OF THE CITY COUNCIL APPROVING A DISPOSITION AND
DEVELOPMENT AGREEMENT BY AND BETWEEN THE LYNWOOD
REDEVELOPMENT",AGENCY- AND SOUTHEAST LOS ANGELES COUNTY
COMMUNITY DEVELOPMENT CORPORATION, ANON-PROFIT CORPORATION.
WHEREAS, the Lynwood Redevelopment Agency has 20% Low and Moderate Income
r---~ Set-Aside funds for Fiscal. Year 1999 to carry out certain eligible activities in accordance with
the established goals and objectives of the Redevelopment Plan; and
E
WHEREAS, the Agency engages in affordable housing opportunities and projects for
low and moderate income persons as part of the Redevelopment Plan and iri order to implement
a redevelopment project the City proposes to enter into a Disposition and Development.
Agreement with Southeast Los Angeles County Community Development Corporation, which
provides for the development of affordable hosing, and
WHEREAS, the Agency desires to consider the disposition of Agene;y property in
connection with~the development of the Site by the Developer, and
WHEREAS, the proposed DDA contains all the provisions, terms, conditions, and
obligations required by state and local law, and
WHEREAS, the Developer possesses the qualifications necessary to ensure development
of the Site proposed in accordance with the purposes and objectives of the City, and
WHEREAS, the City has conducted a public hearing and considered, the proposed DDA
based on the best interest of the City of Lynwood and in accordance witi~ the goals grid
objectives of the City;
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NOW, THEREFORE, IT IS RESOLVED by the Lynwood City Council as follows:
Section 1. That the City Council approves the Disposition and Development Agreement with
Southeast Los Angeles County Community Development Corporation. for the redevelopment of
twenty three affordable rental units at the project site located at 1 1300 Atlantic Boulevard.
Section 2 . This Resolution shall go into effect immediately upon its adoption.
PASSED, APPROVED and ADOPTED this 2nd day of November 1999:
a. ~,
Ri rdo Sanchez, MAY
TEST
t~--E.Q-~2. ,
Andrea L. Hooper, City Clerk
. APP ED AS O FORM
a T ever
City Attorne
.~,L~
Ral ~. Davis III, City Manager
~_,
APPROVED AST CO ENT
GaryLhicots~
Director. of C munity Development
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 2nd, day of November, 1999.
AYES: COUNCILMEN BYRD, REA, REYES, RICHARDS
NOES: NONE
ABSENT: MAYOR SANCHEZ
City Clerk, City of Lynwood
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood, and Clerlc of the City
Council of said City, do hereby certify that the above and foregoing is a full; true and
correct copy of Resolution No. 99.180 on file in my office and that said resolution was
adopted on the date and by the vote therein stated.
Dated this 2nd day of November,1999.
City Clerk
resoluti/resobp