Santa Fe Springs
City Council
Agenda Item 2
2. \nPUBLIC HEARING TO CONSIDER APPROVAL OF AN OPERATING COVENANT AGREEMENT WITH\nTHE OLIVE BANQUET INC. AND THE OLIVE BANQUET SS, LLC (COMMUNITY DEVELOPMENT)\nIt is recommended that the City Council:\n1. Open the Public Hearing;\n2. Receive any comments from the public wishing to speak on this matter and thereafter close the\nPublic Hearing; and\n3 Determine that the approval of the Operating Covenant Agreement is categorically exempt from\nthe California Environmental Quality Act (CEQA) pursuant to State CEQA Guidelines Section\n15061(b)(3) (Common Sense Exemption); and\n4. Approve the Operating Covenant Agreement with The Olive Banquet Inc. and The Olive Banquet\nSS, LLC for the property located at 11900 Telegraph Road and authorize the City Manager to\nexecute the Operating Covenant Agreement and supporting exhibits substantially in the form\npresented, with such minor modifications as approved by the City Attorney; and\n5. Take such additional, related action that may be desirable.