Resolution No. 6438
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RESOLUTION NO. 6438
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
VERNON APPROVING THE CREATION OF A COMMUNITY
DEVELOPMENT CORPORATION AND AUTHORIZING THE
CITY OF VERNON'S JOINT PARTICIPATION WITH THE
SEVEN CITIES OF BELL, BELL GARDENS, COMMERCE,
CUDAHY, HUNTINGTON PARK, MAYWOOD AND SOUTH GATE
IN THE SOUTHEAST COMMUNITY DEVELOPMENT
CORPORATION.
WHEREAS, as part of the Omnibus Budget Reconciliation Act
the President proposed and the Congress enacted a program
for the designation of certain areas within the United
empowerment zones and enterprise communities; and
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WHEREAS, the Empowerment Zone-Enterprise Community (EZ-EC)
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program will provide special tax benefits to businesses located
within the areas which are selected for designation, as well as
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authorizing the use of tax-exempt development bonds; and
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WHEREAS, the EZ-EC program also will provide increased
funding for certain social service programs within designated EZ-EC
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areas; and
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WHEREAS, as another part of the EZ-EC program, the
Secretary of Housing and Urban Development will designate a certain
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number of community development corporations to promote social and
economic development in areas which meet EZ-EC eligibility criteria;
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and
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WHEREAS, the Southeast community Development Corporation
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(SCDC) has been organized to promote social and economic development
in the area formed by the eight cities of Bell, Bell Gardens,
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Commerce, Cudahy, Huntington Park, Maywood, South Gate and Vernon,
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together with a small unincorporated portion of Los Angeles County;
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and
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WHEREAS, the SCDC desires participation by each of the
eight cities to aid its activities relating to business attraction,
business retention, job training, job creation and various social
programs; and
WHEREAS, participation by the City of Vernon and the other
seven cities in the SCDC as part of the Strategic Plan also will
enhance the Southeast Enterprise community Consortium application
for Enterprise community designation.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF VERNON AS FOLLOWS:
SECTION 1: The City Council of the City of Vernon hereby
finds and determines that the recitals contained hereinabove are
true and correct.
SECTION 2: The City council of the city of Vernon hereby
approves the creation of a community development corporation to be
named the Southeast Community Development corporation (SCDC), which
will operate within the Southeast Community area, and the City
Council hereby authorizes the City Administrator to participate with
the staffs of the other seven cities within the area in
collaborating with the SCDC.
SECTION 3: The City Council of the City of Vernon hereby
appoints Councilman Hilario Gonzales to serve as the City'S Member
on the SCDC Board of Directors and City Administrator Bruce V.
Malkenhorst to serve as Alternate Member.
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SECTION 4: The City Clerk of the City of Vernon shall
certify to the passage of this resolution, and thereupon and
thereafter the same shall be in full force and effect.
APPROVED AND ADOPTED this 17th day of May, 1994.
ATr~ /
BRtlcE V. MALKENHORST,
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STATE OF CALIFORNIA )
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COUNTY OF LOS ANGELES )
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I, BRUCE V. MALKENHORST, City Clerk of the City of
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Vernon, do hereby certify that the foregoing Resolution, being
Resolution No. 6438, was duly adopted by the City Council of the
City of Vernon at a regular meeting of the City Council duly held on
Tuesday, May 17, 1994 and thereafter was duly signed by the Mayor of
the City of Vernon.
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BRUCE V.
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