Lynwood

City Council

September 19, 2023 Order of Business 8 #1

Agenda Item 1

8.1 LYNWOOD SPRINGS LLC (AKA- Northgate), AGREEMENT RE OPERATING\nCOVENANT AND RESTRICTIVE COVENANTS\nComments:\nStaff recommends that the City Council review and adopt the attached resolution entitled:\n“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA\nAPPROVING OPERATING COVENANT AND RESTRICTIVE COVENANTS\n(ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT) PURSUANT TO\nGOVERNMENT CODE 53083 BY AND BETWEEN THE CITY OF LYNWOOD AND\nLYNWOOD SPRINGS LLC” (CD)\nRecommendation:\nStaff recommends that the City Council review and adopt the attached resolution entitled:\n“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA\nAPPROVING OPERATING COVENANT AND RESTRICTIVE COVENANTS\n(ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT) PURSUANT TO\nGOVERNMENT CODE 53083 BY AND BETWEEN THE CITY OF LYNWOOD AND\nLYNWOOD SPRINGS LLC”\n2