HomeMy Public PortalAbout2001.045 (04-17-01)RESOLUTION NO. 2001.045
A RESOLUTION OF THE LYNWOOD CITY COUNCIL APPROVING A DISPOSITION
AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF LYNWOOD
AND ACCESS COMMUNITY HOUSING, INC., ANON-PROFIT CORPORATION.
WHEREAS, The City of Lynwood receives an annual allocation of HOME
Program funds from the Federal Department of Housing and Urban Development to
carry out certain eligible activities with Community Development Housing Organizations
in accordance with federal regulation 24 CFR 92; and
~ ~' WHEREAS, The City of Lynwood engages in affordable housin o
g pportunities
and projects for low and moderate income persons as part of the Redevelopment Plan
and in order to implement a redevelopment project the Agency proposes to enter into a
Disposition and Development Agreement with Access Community Housing, Inc. which
provides for the development of single family homes, and
WHEREAS, The City 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
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 Redevelopment Plan,
WHEREAS, The City Council has conducted a public hearing and considered the
proposed DDA based on the best interest of the City of Lynwood and in accordance
with. the goals and objectives of the City;
NOW, THEREFORE, IT IS RESOLVED by the Lynwood City Council as follows:
units.
Section 1. That the City Council approves the Disposition and Development Agreement
with Access Community Housing, Inc. and commits $ 292,000 of the HOME Investment
Partnership CHDO Set-Aside allocation to be used for the development of affordable
Section 2 . This Resolution shall go into effect immediately upon its adoption.
PASSED, APPROVED and ADOP ~ thi - da of 01.
,:
-Paul H. Richards, II, Mayor
ATTEST:
~~... ~ .
Andrea L. Hooper, City Clerk
alph Davis, City Manager
APP VED AS NTENT
c-~s~~
Gary Chicots, Com ty Development Director
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 Cit~r Council of the City of Lynwood
at a regular meeting held on the 17th day of Apr' , 2001.
AYES: COUNCILMEN BYRD, REYES, SANCHEZ, RICHARDS
NOES: COUNCILMAN REA
ABSENT: NONE
ABSTAIN: NONE
City Clerk, City of Lynwood
STATE OF CALIFORNIA )
)SS
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, 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. 2001.045 on file in my office and that said
resolution was adopted on the date and by the vote therein stated.
Dated this 17th day of April 2001.
.,
~- City Clerk
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