Stanton

City Council

February 24, 2026 Order of Business 10 #A

Agenda Item A

10A. PUBLIC HEARING TO CONSIDER AN UPDATED ECONOMIC DEVELOPMENT\nSUBSIDY REPORT FOR RODEO 39 MARKETPLACE, LLC\nConsideration of an updated economic development subsidy report for the 2021\neconomic development subsidy loan issued to Rodeo 39 Marketplace, LLC.\nRECOMMENDED ACTION:\n1. City Council declare that the project is exempt from the California Environmental\nQuality Act (“CEQA”) under Section 15378(b)(8) and 15061(b)(3) of the State CEQA\nGuidelines because CEQA applies only to projects which have the potential for\ncausing a significant effect on the environment. Where it can be seen with certainty\nthat there is no possibility that the activity in question may have a significant effect on\nthe environment, the activity is not subject to CEQA; and\n2. Conduct a Public Hearing pursuant to California Government Code Section 53083;\nand\n3. Adopt Resolution No. 2026-03, entitled:\n“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON,\nCALIFORNIA, ACCEPTING THE ECONOMIC DEVELOPMENT SUBSIDY\nREPORT PREPARED PURSUANT TO GOVERNMENT CODE SECTION\n53083 REGARDING A 2021 PUBLIC BENEFIT AGREEMENT BY AND\nBETWEEN THE CITY OF STANTON AND RODEO 39 MARKETPLACE, LLC”.