City Council

3-D. WAIVE FURTHER READING AND ADOPT ORDINANCE FOR DEVELOPMENT AGREEMENT (DA-23-03) A DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF MONTEREY PARK AND THE COMMONS OF MPK, LLC, FOR THE DEVELOPMENT OF A 64-UNIT CONDOMINIUM PROJECT ON REAL PROPERTY LOCATED AT 338-410 S. ALHAMBRA AVENUE (ASSESSOR’S PARCEL NUMBERS 5259-004-036, 5259-004-037, AND 5259-004-038) It is recommended that the City Council consider: (1) Waiving the second reading and adopting the proposed ordinance; and (2) Taking such additional, related, action that may be desirable.