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20260224 Orange County Stanton City Council Order of Business 10 10A. PUBLIC HEARING TO CONSIDER AN UPDATED ECONOMIC DEVELOPMENT SUBSIDY REPORT FOR RODEO 39 MARKETPLACE, LLC Consideration of an updated economic development subsidy report for the 2021 economic development subsidy loan issued to Rodeo 39 Marketplace, LLC. RECOMMENDED ACTION: 1. City Council declare that the project is exempt from the California Environmental Quality Act (“CEQA”) under Section 15378(b)(8) and 15061(b)(3) of the State CEQA Guidelines because CEQA applies only to projects which have the potential for causing a significant effect on the environment. Where it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment, the activity is not subject to CEQA; and 2. Conduct a Public Hearing pursuant to California Government Code Section 53083; and 3. Adopt Resolution No. 2026-03, entitled: “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA, ACCEPTING THE ECONOMIC DEVELOPMENT SUBSIDY REPORT PREPARED PURSUANT TO GOVERNMENT CODE SECTION 53083 REGARDING A 2021 PUBLIC BENEFIT AGREEMENT BY AND BETWEEN THE CITY OF STANTON AND RODEO 39 MARKETPLACE, LLC”. February 24, 2026 Orange County Stanton City Council Order of Business 10 #A