Speaker 0: Great. Thank you. Next item, please.
Speaker 1: Item 27 Report from Economic Development. Recommendation to execute a Second Amendment to Exclusive Negotiation Agreement with Howard CDB for the continuation of negotiations in connection with the proposed development of the former Long Beach Armory at 854 East Seventh Street District one.
Speaker 0: Can have a second, please. Thank you, Mr. Modica. Just just briefly, because I'm I'm very personally very interested in this project. I think it's a phenomenal opportunity and we've been discussing it for for many years, and it seems to be in a very good place. Can you can Stafford provide a just a brief update on this?
Speaker 3: Yes, John Keisler. Honorable mayor and members of the city council. It's so good to see you. And I'm going to ask our deputy director, Sergio Ramirez, to give a short staff report about this amazing project. Thank you, John. Good evening, honorable mayor and council members. We have actually been working with Country Partners, a partnership between Howard Cdmo, Saint Anthony and Pacific six on the adaptive reuse of the former Armory Building, which would consist of the Adaptive Reuse Project and a new development component back in February entered into an inner with the developers and have been working with them. They are. We've been working on several items and have negotiations gone very well. They are actually applying for a state and for infrastructure grant and that's part of the grant and requires them to have additional time and staff is supportive of the extension and we will continue to work with them to hopefully bring forward to you a definitive project agreement. And that hopefully request.
Speaker 0: Support for this item. Thank you. Very supportive of this. I appreciate the update conference and discuss an article.
Speaker 5: Thank you, Mary. Thank you. Thank you so much to both John and Sergio who have been working really hard on this item. I'm I'm super excited to continue seeing the partnership with Howard CDM and so happy to know that the proposed development would be bringing in 100% affordable housing projects right here in in my district, in the first district. As I mentioned, finding creative ways to address our housing crisis and supporting affordable housing projects is altogether one of my greatest priorities as a councilwoman. So I'm so happy to be able to support this item. Thank you for all the hard work that has been put into this. And reviving the armory is just going to be something phenomenal, not just for the First District, but for the city as a home.
Speaker 0: Thank you, Councilwoman Councilor, for your comments.
Speaker 2: It's a great project. I support it wholeheartedly.
Speaker 0: And I don't believe there is public comment on this.
Speaker 1: Not on this item.
Speaker 0: Please cast your votes. What's coming up? There's a revolt. Thank you. Don't forget to vote, guys. Okay. Motion carries. Thank you. Next item, please. I am 30.
Recommendation to authorize City Manager, or designee, to execute all documents necessary for a Second Amendment to Exclusive Negotiation Agreement No. 35865 with Gundry Partners, LP, dba Howard CDM, for the continuation of negotiations in connection with the proposed development of the former Long Beach Armory, at 854 East Seventh Street.  (District 1)