HomeMy Public PortalAbout98-119 (07-21-98)A RESOLUTION OF CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE
.DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE
LYNWOOD REDEVELOPMENT AGENCY AND DEN 109 LLC, A CALIFORNIA
LIMITED LIABILITY CORPORATION.
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WHEREAS, the Redevelopment Plan for Lynwood Project.. Area "A"
("Redevelopment Plan"), was duly approved .and adopted on July 3, 1973 by' Ordinance
. No. 945. and subsequently amended 'on December 27, 1973 by Ordinance No. 960, on
August. 19, 1975 by Ordinance No. 990, on. June 1, 1976 , by Ordinance No. 1000, on
December 7, 1976 by Ordinance No. 1010, on December 16, 1980. by Ordinance No.
111...1, and on July 19, 1988 by Ordinance No. 88-1308; and
WHEREAS, the Lynwood Redevelopment Agency ("Agency") is engaged in
activities necessary to execute and implement the Redevelopment Plan for
Redevelopment Project Area "A" ("Redevelopment Project") in the City of Lynwood and in
order to do so the Agency proposes to enter into a Disposition and Development
.Agreement ("DDA") with DEN 109 LLC ("Developer"), which provides for the development
of a Denny's Restaurant on Agency-owned. property ; end
WHEREAS,. the Agency desires to consider the, disposition of the~Agency'property
in connection with the development of the Site by the Developer; and
. WHEREAS, the proposed DDA" contains all the provisions,'terms, conditions and
r--. obligations required, by state and local law; and
i
I WHEREAS, 'the Developer possesses the qualifications necessary to insure
development of the Site proposed in accordance with the purposes and. objectives of the
.Redevelopment Plan; and
WHEREAS, the Agency and, City Council of the City of Lynwood have-held a duly.
noticed joint public hearing on the proposed DDA and related agreements; '
WHEREAS, the Agency and the City Counci! have duly considered the proposed
DDA and believe that development .pursuant thereto is in the best interest of -the City of
• :Lynwood; and in furtherance of the goals: and objectives of;the Lynwood Redevelopment
Agency to reduce blight in the Project Area;
- ~. • NOW, THEREFORE, IT IS RESOLVED by the City Council of the City of Lynwood
- and the Lynwood Redevelopment Agency as follows:
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Section 1.~ The Agency. and City Council hereby find. and determine °that the.
development of the Site pursuant to the DDA is in .the best interest of the City of Lynwood
and the health, safety,, morals and' welfare of its residents,, and in .accord with the public
purposes and' provisions of applicable State and local law.
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~.. ~, Section 2: The Agency and City Council hereby find and determine thaf .the
development of the Site pursuant fo the proposed 'DDA is necessary to effectuate the
purpose of the Redevelopment Plan for the Redevelopment Project.
Section 3 The Agency and the. City Council hereby find and determine that the
. .development of the Site pursuant to the proposed DDA will be consistent with the
development permitted at that.location by Lynwood's Zoning Ordinance.
Section 4. The Agency has .held a joint public hearing with the City Council and
has received, heard and considered all oral and written objections to the proposed DDA
and to the actions connected therewith, and hereby overrules ali such oral and written
objections.
Section 5. The Executive Director of .the Agency is hereby authorized to execute
the DDA.
Section 6. The Executive Director .of the Agency, or his designee, is fiereby
authorized, on behalf of the Agency and the City, to sign all documents necessary and
appropriate to carry out and implement the DDA, and to administer and implement the
Agency's obligations, responsibilities and duties to be performed under the DDA.
APPROVED AND ADOPTED this 21 st dayyof.July, 1998.
ARMANDO REA, MAYOR
ATTEST: ~ .
Andrea l_. Hooper, City Cle k
APPROVED AS TO FORM:
_.
~H:`Francisco Leal:, Esq.
City Attorney
Fau Gonzales,
City Manager
Community
H:wordlredevelp[Imorales/rdccreso.doc
SZAAZE O~ CALZ~ORNZA )
) ~
cou~rly o~ Ios ANGELES ) .
Z,~the undersigned, City clerk' of the Gity of .Lynwood, do
hereby.cert.ify that~the foregoing resolut'ion was,.passed and adopted by the
City Council of the City .of Lynwood at d regular meeting held on the 21st
day of ~july, 1998. +' ,
A1~ES: °COUNCZLMAN $1~Rb, RE1~ES, SalNC1iEZ, .REA
NOES: NONE
A$.SENT: COUNCILMAN RZC11r1RbS ~ Y
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City Cler1z, City of Lynwo ,d
SZAZE O~ GALZEORI\iZA )
COUNZI~ O~ LOS ANGELES )
APPROVED AS TO CONTENT: d .
STATE Off' GALI~ORNZA )
COl1NTIJ O~ LOS ANGELES )
1 ~ Z, the undersigned City Clerk of the City of Lynwood,
t I ~
I and Clerk 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.
98-119 on file in my office and that said resolution was adopted on the
date and by the vote therein stated.
bated this 21st day of Julys 1998.
'~
City Clerk