Montebello

City Council

August 27, 2025 Item #20

Agenda Item 20

20.\nADOPT RESOLUTION NO. 25-79 APPROVING A PUT OPTION AGREEMENT BETWEEN CITY OF\nMONTEBELLO AND PRIMESTOR DEVELOPMENT, INC.\nRECOMMENDATION: It is recommended that the City Council:\n1. Adopt Resolution No. 25-79 approving the Put Option Agreement between the City of Montebello and\nPrimestor Development, Inc. regarding the property located at 602-610 W. Whittier Boulevard (APNs:\n6346-027-001, 6346-027-002, 6346-027-006, and 6346-027-019); and\n2. Authorize the City Manager to execute the Put Option Agreement and any implementing documents,\nsubject to approval as to form by the City Attorney; and\n3. Take such additional, related action that may be desirable.