Long Beach

City Council

December 12, 2023 Item #24

Agenda Item 24

24. 23-51385 Recommendation to amend the Purchase and Sale Agreement and Escrow\nInstructions with Linc Armory, LP, as successor in interest to Gundry Partners, LP,\nfor the disposition of City-owned exempt surplus property located at 854 East 7th\nStreet, commonly known as the former Long Beach Armory, to amend specific\nprovisions to accommodate additional rounds of funding applications through the\nend of 2024 and extend the closing date, accordingly. (District 1)\nLevine Act: Yes\nOffice or Department: Economic Development\nSuggested Action: Approve recommendation.