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Council approves $400,000 community‑benefits agreement tied to new self‑storage project; funds directed to Hay Tree public‑market improvements
Summary
Paramount approved a community benefits agreement with the developer of a 154,500‑sq‑ft self‑storage project that staff said will deliver $400,000 in one‑time revenue to support the Hay Tree Public Market community room and museum; council voted unanimously.
Paramount — The City Council voted Feb. 10 to approve a community benefits agreement (CBA) with the applicant behind a proposed self‑storage facility at 7342 Pedersen Lane that staff said will provide $400,000 in one‑time revenue to support improvements to a museum and community room at the Hay Tree Public Market.
Assistant planning director Monica Mercado Rodriguez explained the project background: the development review board approved a…
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