City Council

25. 23-51386 Recommendation to authorize City Manager, or designee, to execute a 1)\nMemorandum of Termination of Owner Participation Agreement, 2) Quitclaim and\nTermination of Easement, 3) Grant of Easement and Agreement, and 4)\nAmendment No. 4 to Parking Rights Agreement, and all other documents\nnecessary, with Long Beach Center Loan, LLC, a Delaware limited liability\ncompany, to support development at 450 The Promenade North/501-599 Long\nBeach Boulevard; and\nDetermine the project is within the scope of the project previously analyzed as part\nof the Environmental Impact Report Addendum (EIRA-02-22) to the Downtown\nPlan Program Environmental Impact Report (SCH No. 2009071006) and warrants\nno further environmental review pursuant to the California Environmental Quality\nAct Guidelines Section 15162. (District 1)\nLevine Act: Yes\nOffice or Department: Economic Development; Public Works\nSuggested Action: Approve recommendation.