City Council

12.2 Adoption of a Resolution Approving a First Amendment to Memorandum of\nUnderstanding By and Between the County of Los Angeles and the City of El Monte\nRelated to the potential Development of an Affordable Multi-Family Rental Housing\nand Mixed-Use Project on a 6.11-Acre Portion of the 13.66-Acre Property Owned by\nthe County of Los Angeles Located at 4024 Durfee Avenue, El Monte to Extend the\nTerm of the MOU for up to Two 90-Day Periods.\nRECOMMENDATION OF BUSINESS ITEM UNDER CONSIDERATION:\nIt is recommended that the City Council:\n1. Adopt the proposed Resolution Approving a First Amendment to the Memorandum of\nUnderstanding by and between the County of Los Angeles and the City of El Monte\nrelated to the potential development of an affordable multi-family rental housing and\nmixed-use project on a 6.11-acre portion of the 13.6-acre property owned by the County\nlocated at 4024 Durfee Avenue, El Monte extending the term of the MOU for up to two\n(2) 90-day periods; and\n2. Authorize the City Manager to enter into and execute related agreements, as approved\nto form by the City Attorney, and perform other actions necessary to implement the\nactivities and fulfill the intent of the Amendment to MOU.\nTotal Cost: N/A Account No: N/A\nIs the cost of this item budgeted? N/A\nResolution No. 10474