City Council

3-I. WAIVE FURTHER READING AND ADOPT ORDINANCES: 1) ZONE CHANGE (ZA-22-01)\nTO RE-ZONE PROPERTIES FROM THE REGIONAL SPECIALTY CENTER (R-S) ZONE\nWITH THE PLANNED DEVELOPMENT OVERLAY (P-D) ZONE TO THE MARKET PLACE\nSPECIFIC PLAN (MPSP) ZONE; AND 2) DEVELOPMENT AGREEMENT (DA-22-01) TO\nAMEND IN ITS ENTIRETY A DEVELOPMENT AGREEMENT BETWEEN MONTEREY PARK\nRETAIL PARTNERS, LLC AND THE CITY OF MONTEREY PARK FOR PROPERTIES\nCOLLECTIVELY OPERATING AS THE MONTEREY PARK MARKET PLACE, LOCATED AT\n2300 GREENWOOD AVENUE AND 2000-5500 MARKET PLACE DRIVE, ALSO IDENTIFIED\nBY ASSESSOR’S PARCEL NUMBERS 5275-003-024, 025, 027, 029, 030, 031, 037, AND 038\nIt is recommended that the City Council consider:\n(1) Waiving the second reading and adopting the proposed ordinances; and\n(2) Taking such additional, related, action that may be desirable.