HomeMy Public PortalAbout2010.049 (03-16-10)i
RESOLUTION NO. 2010.049
JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AND
LYNWOOD REDEVELOPMENT AGENCY APPROVING A DISPOSITION AND
DEVELOPMENT AGREEMENT BETWEEN THE LYNWOOD REDEVELOPMENT
AGENCY AND AMCAL PARK PLACE FUND, L.P. FOR THE DEVELOPMENT OF
AFFORDABLE RENTAL HOUSING UNITS AT ATLANTIC AVENUE AND CARLIN
AVENUE AND ACCEPTANCE OF THE 33433 SUMMARY REPORT
WHEREAS, the Lynwood Redevelopment Agency ("Agency") is a public body,
corporate and politic, organized and existing under California Community
Redevelopment Law (Health & Safety Code § 33000, et seq.) ("CRL"); and
WHEREAS, in accordance with the CRL, the City Council of the City of Lynwood
adopted the Redevelopment Plan for the Redevelopment Project Area "A" in the City of
Lynwood on July 10, 1973, as established by Ordinance No. 945 of the City Council,
and as amended from time to time; and
WHEREAS, to effectuate the Redevelopment Plan, the Agency has negotiated a
Disposition and Development Agreement ("DDA") with AMCAL Park Place Fund, LP
("Developer") for the disposition of approximately 4.26 acres of land owned by #he
Agency at the northeast corner of Atlantic Avenue and Carlin Avenue, as more
specifically described in the DDA ("Site"), from Agency to Developer to allow Developer
to construct a ninety-nine unit affordable housing project with ninety-eight apartments to
be restricted to rent to very :low- and low-income households for a period of 55 years;
and ~
WHEREAS, Section 33433 of the CRL requires that the Agency Board and the
City Council approve the disposition of the Site by the Agency; that certain findings be
made, and that a"Summary Report" and a copy of the DDA be made available for
public inspection; and d
WHEREAS, the Agency has prepared the required Summary Report and notice
of a joint public hearing of the Agency and City Council concerning the proposed DDA
has been given in accordance with applicable'law; and
WHEREAS, on March 16, 2010, the Agency Board and City~Council conducted
and concluded a duly noticed joint_public hearing pursuant,to.Seetion 33433 of~tfie~CRL
to consider the DDA; and ~- ; ~'
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WHEREAS; all legal prerequisites to the adoption of this Resolution have
occurred.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD,
CALlFORNIA AND THE LYNWOOD REDEVELOPMENT AGENCY DO HEREBY
RESOLVE AS FOLLOWS:
Section 1. The above recitals are ail true and correct and ~are hereby adopted as
findings.
Section 2. That a Mitigated Negative Declaration analyzing the potential impacts
of the development of the project contemplated in the DDA meeting all of the
requirements of the California Environmental Quality Act was adopted and approved by
the Lynwood Planning Commission on February 9, 2009.
Section 3. The DDA is consistent with the Agency's adopted Implementation
Plan for Redevelopment Project Area "A".
Section 4. The consideration to be paid by the Developer for the Site is not less
than the fair reuse value of the Site at the use and with the covenants and conditions
and development costs authorized by the sale.
Section 5. The development of the Site will assist in the elimination of blight in
the Project Area and will provide housing for very low- and low-income households.
Section 6. The Agency Board of Directors and the City Council hereby approve
the DDA and the instrurnents referenced therein, a copy of which are on file in the office
of the City Clerk.
Section 7. The Agency Chair and Executive Director and Mayor and City
Manager are authorized .and directed to take such actions and execute such documents
as may be necessary to implement and effect this Resolution and the DDA on behalf of
the Agency and City.
Section 8. The Agency Secretary and City Clerk shall certify to the passage and
adoption hereof.
PASSED, APPROVED and ADOPTED this 16t" day of March, 2010.
--~~c~~ ~ ~~~{~~~
Maria T. Santillan, Mayor
ATTEST:
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Maria Quinonez, City Clerk
Roger L. Haley ' y'Manager
APPROV D AS TO FORM:
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Fred Ga ante, City Attorney
APPROVED AS TO CONTENT:
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Sarah Nf. ~ it ers, Director of
Redevelopment
,~.•~F~ :4~ ~ 'r.~~ .
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELfS )
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 16t" day of March, 2010.
AYES: COUNCIL MEMBERS MORTON, RODRIGUEZ, CASTRO, AND
SANTILLAN
NOES: NONE
ABSENT: COUNCIL MEMBER FLORES
ABSTAIN: NONE
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Maria Quinonez, City Clerk
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood, and the Clerk of the City
Council of said City, do hereby certify that the above foregoing is a full, true and correct
copy of Resolution No. 2010.049 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 16t" day of March, 2010.
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Maria Quinonez, City.Clerk