South El Monte
City Council
Agenda Item a
9.a. CONSIDERATION AND APPROVAL OF RESOLUTION NO. 25-036,\nAPPROVING A REVISED SITE PLAN FOR THE PREVIOUSLY\nAPPROVED MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN\nTHE CITY OF SOUTH EL MONTE AND MAGELLAN VALUE PARTNERS\n(MVP) SOUTH EL MONTE I, LLC FOR A PROPOSED DEVELOPMENT\nOF PROPERTY LOCATED AT 825 LEXINGTON-GALLATIN ROAD\n("PROPERTY").\nA change to the site plan proposed under the previously approved\nMemorandum of Understanding, dated June 26, 2023 ("MOU"), authorized\nunder Resolution No. 23-27 regarding the proposed development of\nproperty located at 825 Lexington-Gallatin Road ("Property")\nRECOMMENDED ACTION: Staff recommends City Council adopt\nResolution No. 25-036, approving the First Amendment to the MOU to\nreplace a revised site plan for the MOU with MVP South El Monte I, LLC\n("MVP") for Property.\nGeneral Business Items 9.b. through 9.d. next page.