Long Beach

City Council

December 09, 2025 Item #14

Agenda Item 14

14. 25-57103\nRecommendation to amend the Purchase and Sale Agreement and Escrow\nInstruction, dated March 10, 2022, with Linc Armory, LP, as successor-in-interest\nto Gundry Partners, LP, for the disposition of City-owned exempt surplus property\nlocated at 854 East 7th Street, Assessor Parcel Number 7274-019-900, commonly\nknown as the former Long Beach Armory, to amend certain post-closing\nrequirements. (District 1)\nLevine Act: Yes\nOffice or Department:\nEconomic Development and Opportunity\nSuggested Action:\nApprove recommendation.