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LYNWOOD REDEVELOPMENT AGENCY
11330 BULLIS ROAD LYNWOOD, CALIFORNIA 90262-3845 (310) 603.0220
Paul H. Richards II, CHAIRMAN
RlCardO SBUChCZ~ VICE CHAIRMAN
Louis Byrd, MEMBER
Armando Rea, MEMBER
ArtUrO ReyCS~ MEMBER
AGENDA
LYNWOOD REDEVELOPMENT AGENCY
APRIL 23, 2001
SPECIAL MEETING
9:00 A.M.
BATEMAN HALL
PAUL H. RICHARDS, II
CHAIRMAN
RICARDO SANCHEZ
VICE CHAIRMAN
ARMANDO REA
MEMBER
EXECUTIVE DIRECTOR
RALPH W. DAVIS, III
OPENING CEREMONIES:
A. Call Meeting to Order.
LOUIS BYRD
MEMBER
ARTURO REYES
MEMBER
AGENCY COUNSEL
SHAN K.THEVER
B. Roll Call (BYRD-REA-REYES-SANCHEZ, RICHARDS)
C. Certification of Agenda Posting by Secretary.
PUBLIC ORAL COMMUNICATIONS
(REGARDING AGENDA ITEMS ONLY)
PUBLIC ORAL COMMUNICATION
~. STRATEGIC PLAN & IMPLEMENTATION PROGRAM
Communit Develo ment - Pro'ect Status
• Market Place
• Grae Ventures
• Lynwood Springs
• Abel - Helou (19 units)
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REGULAR ITEM
2. PROJECT PROPOSAL FOR THE SITE LOCATED AT 12408-12424
LONG BEACH BOULEVARD.
Comments:
To have the Agency receive and file the attached letter and receive a
presentation from Long Beach Boulevard Development Group.
Recommendation:
Staff respectfully recommend that the Agency hear the presentation
prepared by Long Beach Boulevard Development Group and receive and
file the attached letter.
CLOSED SESSION
NONE
ADJOURNMENT
Motion to adjourn to a Regular Meeting of the Lynwood Redevelopment Agency
to be held May 1, 2001 at 6:00 p.m. in the Council Chambers of City Hall, 11330
Bullis Road, Lynwood California
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DATE: April 23, 2001
TO: HONORABLE CHAIRMAN AND AGENCY MEMBERS
FROM: Ralph W. Davis, III, Executive Director
BY: Gary Chicots, Community Development Director -
Shirley Wolf, Redevelopment Project Manager ,~~
Subject: Project- proposal for the site located at 12408 - 12424 Long Beach
Blvd.
PURPOSE
To have the Agency receive and file the attached letter and receive a
presentation from Long Beach Boulevard Development Group.
FACTS
1. Staff received a letter from Raymond C. Reed & Associates indicating interest
in developing the site at 12408 - 12424 Long Beach Boulevard.
2. On April 17, 2001, staff contacted Mr. Reed to set up a meeting with staff to
review his client's proposal. His clients indicated they would prefer to make a
presentation to the Agency first.
SUMMARY
Staff received the attached letter for a development project. The contact person
is an attorney .representing a development group. The principles of the
development group are unknown at this time. They have requested to be
agendized to make their initial presentation to the Agency Members directly.
RECOMMENDATION
Staff respectfully recommend that the Agency hear the presentation prepared by
Long Beach Boulevard Development Group and receive and file the attached
letter.
AGr.NDA I TE?d
RAYliO\D C. REED & ASSOCIATES
LAWYERS
. 433 NORTH CAMDEN DRIVE, SIXTH FLOOR
BEVERLY HILLS. CALIFOR_vIA ~J0210
TELEPHONE (3i0) 271-2900
FAC51M1LE 1310) 27i-5700
March 26, 2001
Mr. Ralph Davis, Executive Secretary
Lynwood Redevelopment Agency
City of Lynwood
11330 Bullis Road
Lynwood, California 90262
Re: Request for Exclusive Rights to Negotiate
Dear Mr. Davis:
Our office has been retained to represent a Long Beach Boulevard development group (LBDG)
which has worked diligently for several months to acquire and redevelop certain properties
within the City of Lynwood. The Lynwood Redevelopment Agency currently owns the property
located at 12416 Long Beach Boulevard, between Carlin Avenue and Palm Avenue. LBDG has
negotiated terms and has entered escrow on two critical properties located at 12408 Long Beach
Boulevard and 12424 Long Beach Boulevard. Although LBDG had considered pursuing the
improvement of these sites strictly on a private basis, it has become clear that circumstances have
significantly changed and it would be in our mutual best interest to work together to redevelop
the area. However, time is now of the essence.
Within recent weeks, agents representing the Lynwood Unified. School District have apparently
contacted our sellers and have so significantly interfered with our process that we are finding it
extremely difficult to pursue our initial concept. There is now much greater pressure to move
quickly in resolving development prospects. In view of the fact that Lynwood Redevelopment
Agency is the owner of the adjacent parcel of land and that development of our site can best be
achieved in partnership with the Agency, we are requesting that the Agency approve an
Exclusive Negotiating Agreement for a period of one hundred twenty (120) days for the purpose
of finalizing a comprehensive development strategy for the properties we now have in escrow
along with the adjacent Agency owned land.
We request that this matter be placed on the appropriate agency agenda as soon as possible due
to the exigencies. of the circumstances. On behalf of the LBDG, we look forward to a favorable
response from your office regarding this pressing matter. If you have any questions with respect
to this=rr~atfer please contact our office at the above numbers.
Ve s„
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Raym'o~~:~eed, Esq.
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cc: Lynwood City Council
c:~fi les~LBDG~Da~zs.01