Monterey Park

City Council

April 16, 2025 Order of Business 3 #F

Agenda Item F

3-F. ACCEPTANCE OF REAL PROPERTY LOCATED AT 2537-2543 LEE AVE., S. EL MONTE,\nCA, AS PARTIAL SATISFACTION OF DEBT OWED TO CITY, AND PAYMENT OF RELATED\nFEES\nIt is recommended that the City Council consider:\n(1) Authorizing the City Manager to accept, on behalf of the City, fee simple title to real\nproperty commonly known as 2537-2543 Lee Ave., S. El Monte, CA 91733 (APN\n5281012011, 5281012012), as partial satisfaction of debt owed by Center Int’l\nInvestments, LLC (“CII”), related to the City’s abatement of CII’s property located at 1688\nW. Garvey Ave.;\n(2) Adopting a Resolution authorizing payment of $83,231.78 in trustee sales agent fees to\ntake title of real property located at 2537-2543 Lee Ave., S. El Monte, CA 91733; and\n(3) Taking such additional, related, action that may be desirable.\nCEQA (California Environmental Quality Act):\nThe City reviewed the environmental impacts of the proposed Ordinance pursuant to the\nCalifornia Environmental Quality Act (Public Resources Code §§ 21000, et seq. “CEQA”) and\nthe regulations promulgated thereunder (14 Cal. Code of Regs. §§ 15000, et seq., the “CEQA\nGuidelines”). This activity is exempt from the CEQA pursuant to CEQA Guidelines § 15601(b)(3)\nas it contemplates only administrative actions related to the acquisition of real property and it\ncan be seen with certainty that there is no possibility that it may have a significant effect on the\nenvironment.