Santa Fe Springs

City Council

March 03, 2026 Item #3

Agenda Item 3

3. Approve and authorize the City Manager to execute an Operating Covenant Agreement\n(“Agreement”) with The Olive Banquet Inc. to provide a conditional $3,000,000 grant supporting\nThe Olive RestoBar restaurant and banquet hall, subject to continuous operation, job creation\nand retention, and compliance with the Agreement’s terms and conditions; and