City Council

6. SECOND READING AND ADOPTION OF ORDINANCE NO. 941 TO AUTHORIZE A\nDEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF BELL GARDENS,\nOTC BELL GARDENS, LLC, AND KIM DAE HO & HYE YEONG, RELATING TO THE\nPROPERTY LOCATED AT 5605 GAGE AVENUE IN THE CITY OF BELL GARDENS\nSecond reading and adoption of Ordinance No. 941, 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. 941 to\napprove the proposed Development Agreement (DA) No. 2023-067 for a cannabis retail storefront\nat 5605 Gage Avenue.