City Council

4. Recommendation to amend the Purchase and Sale Agreement (PSA), dated March 10, 2022, with Linc Armory, LP for the disposition of City-owned exempt surplus property located at 854 East 7th Street, commonly known as the former Long Beach Armory to amend specific provisions of the PSA to extend the closing date to September 9, 2026, with the option to extend for an additional one-year period. (District 1) Levine Act: Yes Office or Department: Economic Development Suggested Action: Approve recommendation.