City Council

32. 23-0380 Recommendation to acknowledge and consent to an Assignment and Assumption of the Purchase and Sale Agreement and Escrow Instructions, dated March 10, 2022, for the disposition of City-owned exempt surplus property located at 854 East 7th Street, commonly known as the former Long Beach Armory for an affordable housing development, from Armory Arts Collective, LP (Assignor), to Linc Armory, LP (Assignee); and Consent to a change in population type for the affordable housing development from general affordable housing to affordable housing restricted to senior adult households. (District 1) Levine Act: Yes Office or Department: ECONOMIC DEVELOPMENT Suggested Action: Approve recommendation.