City Council

3-B. WAIVE FURTHER READING AND ADOPT ORDINANCE FOR DEVELOPMENT\nAGREEMENT (DA-24-01) A DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY\nOF MONTEREY PARK AND ATLANTIC SQUARE, LLC (TRC) TO FACILITATE\nIMPROVEMENTS ON AND ADJACENT TO THE ATLANTIC SQUARE SHOPPING CENTER\nLOCATED AT 2100 SOUTH ATLANTIC BOULEVARD; TA ACTIVATE THE BUSINESS\nRECOVERY DEVELOPMENT AGREEMENT ZONE (“BRDZ”) IN MONTEREY PARK\nMUNICIPAL CODE CHAPTER 21.45; AND TO AMEND THE ZONE MAP (ZA-24-02)\nIt is recommended that the City Council consider:\n(1) Waiving the second reading and adopting the proposed ordinance DA-24-01 and\namending the zoning map (ZA-24-02); and\n(2) Taking such additional, related, action that may be desirable.