City Council

5. SECOND READING AND ADOPTION OF ORDINANCE NO. 940 TO AUTHORIZE A\n3\nDEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF BELL GARDENS, MR.\nNICE GUY, LLC AND JK AND SI DEVELOPMENT COMPANY RELATING TO THE\nPROPERTY LOCATED AT 6231 EASTERN AVENUE IN THE CITY OF BELL GARDENS\nSecond reading and adoption of Ordinance No. 940, authorizing the City to enter into, and execute,\na development agreement for a cannabis retail use in exchange for public benefits.\nRecommendation:\nIt is staff’s recommendation that the City Council waive full reading and adopt Ordinance No. 940 to\napprove the proposed Development Agreement (DA) No. 2023-072 for a cannabis retail storefront\nat 6231 Eastern Avenue.