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Proposal

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20250415 LA County South El Monte City Council Order of Business 9 9.a. CONSIDERATION AND APPROVAL OF RESOLUTION NO. 25-036, APPROVING A REVISED SITE PLAN FOR THE PREVIOUSLY APPROVED MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN THE CITY OF SOUTH EL MONTE AND MAGELLAN VALUE PARTNERS (MVP) SOUTH EL MONTE I, LLC FOR A PROPOSED DEVELOPMENT OF PROPERTY LOCATED AT 825 LEXINGTON-GALLATIN ROAD ("PROPERTY"). A change to the site plan proposed under the previously approved Memorandum of Understanding, dated June 26, 2023 ("MOU"), authorized under Resolution No. 23-27 regarding the proposed development of property located at 825 Lexington-Gallatin Road ("Property") RECOMMENDED ACTION: Staff recommends City Council adopt Resolution No. 25-036, approving the First Amendment to the MOU to replace a revised site plan for the MOU with MVP South El Monte I, LLC ("MVP") for Property. General Business Items 9.b. through 9.d. next page. April 15, 2025 LA County South El Monte City Council Order of Business 9 #a