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HomeMy Public PortalAbout2010.130 (06-15-10)RESOLUTION NO. 2010.130 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE CONVEYANCE OF CERTAIN PROPERTY SUBJECT TO USE RESTRICTIONS TO THE LYNWOOD REDEVELOPMENT AGENCY IN EXCHANGE FOR CONVEYANCE OF THE PUBLIC WORKS YARD TO THE CITY AND APPROVING OFFICIAL ACTIONS • WHEREAS, the City of Lynwood (the "City") has determined to finance the costs of the acquisition, construction, installation and equipping of a new city administrative building and city council chambers (the "Project"); and WHEREAS, in order to effectuate the financing of the Project and the refunding of certain other obligations of the City, the City has determined to lease the public works yard being transferred to it by the Lynwood Redevelopment Agency (the "Agency") to the Lynwood Public Financing Authority ("Authority") and sublease it back from the Authority; and WHEREAS, for such purposes, the City has determined to transfer the youth; center property at 11409 Birch Street ("Property") to the Agency in exchange for the public works yard; and WHEREAS, the Property shall continue to be used for its current purpose or for any City-related purpose; and WHEREAS, over the past twenty years, the City has improved and maintained the public works yard with its own funds and operated the yard as its own property; and WHEREAS, the Agency has agreed to convey the public works yard to,the City in exchange for the Property and the City has agreed to accept such conveyance. NOW, THEREFORE, IT IS HEREBY RESOLVED, ORDERED AND DETERMINED, AS FOLLOWS: Section 1. Approval of Conveyance of Property. The City Council hereby approves the conveyance of the Property to the Agency. The Mayor or the City Manager are hereby authorized and directed for and in the name and on behalf of the City to execute a grant deed in the form on file with the City Clerk, together with any changes therein or additions thereto deemed advisable by any such officer, whose execution thereof shall be conclusive evidence of the approval of any such changes or additions. The City Council hereby authorizes the delivery and performance of such grant deed. Section 2. Official Actions. The Mayor, the City Manager, the City Clerk and all other officers of the City are each authorized and directed in the name and on behalf of the City to make any and all assignments, certificates, requisitions, agreements, notices, consents, instruments of conveyance, warrants and other documents, which they or any of them might deem necessary or appropriate in order to consummate any of the transactions contemplated by the documents approved pursuant to this Resolution. Whenever in this Resolution any officer of the City is authorized to execute or countersign any document or take any action, such execution, countersigning or action may be taken on behalf of such officer by any person designated by such officer to act on his or her behalf in the case such officer shall be absent or unavailable. Section 3. Effective Date. This Resolution shall take effect from and after the date of its passage and adoption. Section 4. Certification. The City Clerk shall certify as to the adoption of this Resolution. PASSED, APPROVED and ADOPTED this 15th day of June, 2010. ~Z;~~~ ~ ~'~z~~~~ Maria T. Santillan, Mayor ATTEST: i ^ Maria Quinonez, City Clerk Roger L. Haley, City Manager APPROVED AS TO FORM: f red Galante, City Attorney APPROVED AS TO CONTENT: ~ Robert S. orre 'stant City Manager 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 City Council of the City of Lynwood at a regular meeting held on the 15th day of June, 2010. AYES: COUNCIL MEMBERS FLORES, MORTON, RODRIGUEZ, CASTRO AND SANTILLAN NOES: NONE ABSEfVT: NONE ABSTAIN: NONE / ~ Maria Quinonez, Ci y 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. 2010.130 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 15th day of June, 2010. , / M ria Quinonez, City Cierk