City Council

8. Take such additional, related, action that may be desirable. 7. APPROVE PURCHASE AND SALE AGREEMENT WITH TUVF - MONTEBELLO, LLC FOR ACQUISITION OF REAL PROPERTY LOCATED AT 602-610 WEST WHITTIER BOULEVARD (LOS ANGELES COUNTY ASSESSOR’S PARCEL NOS. 6346-027-001, 6346-027-002, 6346-027-006, AND 6346-027-019) (THE “PROPERTY”) RECOMMENDATION: It is recommended that the City Council: 1. Find and determine that acquisition of the Property is in conformance with the City’s General Plan pursuant to Government Code Section 65402 because it furthers the purpose of the community driven vision, direction and policy guidance set in the Montebello General Plan through the preservation of buildings within the community and how they are built, which promote economic development, land use, community design, and housing to achieve the community vision; and 2. Find and determine that the approval of the Purchase and Sale Agreement is exempt from the California Environmental Quality Act (“CEQA”) pursuant to (i) CEQA Guidelines Section 15061(b)(3) - Common Sense Exemption in that it can be seen with certainty that there is no possibility that the approval of the Purchase and Sale Agreement may have a significant effect on the environment and is not a project under CEQA Guidelines Section 15378(a)(1) and none of the exceptions to the Categorical Exemptions under CEQA Guidelines Section 15300.2 apply; and 3. Approve the Purchase and Sale Agreement (“Agreement”) between the City of Montebello and TUVF - Montebello, LLC, for the acquisition of 602, 604, 608, and 610 West Whittier Boulevard in the amount of $3,150,000 plus Capitalized Costs totaling $63,784 as defined in the October 21, 2025, PUT Agreement; and 4. Authorize the City Manager to execute the Agreement and all related escrow and closing documents necessary to consummate the transaction, in a form approved by the City Attorney; and 5. Authorize the Finance Director to appropriate and disburse funds necessary to complete the acquisition and associated closing costs and costs related to anticipated maintenance and repairs; and, 6. Amend the Fiscal Year 2025-26 budget by increasing appropriations by $3,280,000 in Account No. 600- 90-900-6088 (Transit, Transportation, Administration, Property Purchase); and, 7. Take such additional and/or related action that may be desirable. 8. PRESENTATION OF COMMUNITY BUDGET FORUMS AND BUDGET SURVEY FEEDBACK, FISCAL YEAR 2026-27 BUDGET DEVELOPMENT RECOMMENDATION: It is recommended that the City Council: 1. Receive and file the Fiscal Year 2026-27 Community Budget Forum and Budget Survey feedback; and, 2. Take such additional, related action that may be desirable.