HomeMy Public PortalAbout2003.052 (04-01-03)RESOLUTION NO. 2003.052
A RESOLUTION OF CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING
THE PROPOSED FOURTH IMPLEMENTATION AGREEMENTTO THE
DI$POSITION DEVELOPMENT AGREEMENT BY AND BETWEEN THE
LYNWOOD REDEVELOPMENT AGENCY AND GRAE ATLANTIC, LLC
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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. 1111, and on July 19, 1988 by Ordinance No. 88-1308;
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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 Fourth Implementation
Agreement to the Disposition and Development Agreement ("DDA") with GRAE
Ventures ("Developer"), which provides for the disposition of Agency owned
property for the development of a retail center; and
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 Fourth Implementation Agreement to the DDA contains all
, ~ the provisions, terms, conditions and obligations required by state and local law;
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WHEREAS, the Developer possesses the qualifications and parcels
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 Fourth Implementation Agreement
to the DDA and related agreements,
WHEREAS, the Agency and the City Council have duly considered the
proposed Fourth Implementation Agreement to the DDA and believe that
development pursuant thereto is in the best interest of the City of Lynwood and in
furtherance of the goals and ob~ectives of the Lynwood Redevelopment Agency to
reduce blight in the Pro~ect Area,
NOW, THEREFORE, IT IS RESOLVED by the City Council of the City of
Lynwood and the Lynwood Redevelopment Agency as follows:
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, morais and welfare of its residents, and in accord
with the public purposes and provisions of applicable State and local law.
Section 2 The Agency and City Council hereby find and determine that the
development of the Site pursuant to the proposed DDA and Fourth Implementation
Agreement is necessary to effectuate the purpose of the Redevelopment Pian for
the Redevelopment Project
ection 3. The Agency and the City Council hereby find and determine that
the development of the Site pursuant to the proposed DDA and Fourth
Implementation Agreement will be consistent with the development permitted at
that location by the Lynwood 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 Fourth Implementation Agreement to the DDA and to the actions
connected therewith, and hereby overrules all such oral and written objections.
Section 5. The Executive Director of the Agency is hereby authorized to
execute the Fourth Implementation Agreement to the DDA.
Section 6. The Executive Director of the Agency, or his designee, is hereby
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 Fourth Implementation Agreement to the DDA.
APPROVED AND ADOPTED this 1 st day of April 2003
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ERNANDO PE ROZA, AYOR
ATTEST:
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Andrea L. Hooper, City CI rk L ry Hem , Interim City Manager "
APPROVED AS
nterim Director
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APPROVED AS TO CONTENI":
STATE OF CALIFORNIA )
) SS
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of-Lynwood, do hereby certify
that the above and~foregoing Resolution was duly adopted by the City Council of
the City of Lynwood at a regular meeting held in the City Hall of said City on the
, 15t day of April 2003, and passed by the following vote~
AYES: COUNCILMEN BYRD, REYES, RICHARDS, RODRIGUEZ, AND
PEDROZA
NOES: NONE ~
ABSTAIN: NONE '
ABSENT: NONE
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Andrea L Hooper, City Clerk
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 fhat the above and foregoing is a full, true
and correct copy of Resolution No. 2003.052 on file in my office and
that said Resolution was adopted on the date and by the vote therein stated.
- Dated this 15`day of April 2003.
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, Andrea L. Hooper, City Clerk