Chico Police say one man is dead and two officers injured in a late night incident at a downtown Chico business. Around 10:30 Sunday night police were alerted to an alarm at Mid Valley Title and Escrow on 601 Main Street. A security guard located a suspect outside the business and made contact with him. The suspect allegedly stabbed the security guard. Police say that caused a significant wound. The guard reportedly fired his handgun at the suspect who then fled. Police arrived and entered the business and found a suspect in the bathroom. He allegedly slashed two officers in the neck and face. According to Chico Police Department Press Release. An officer fired his weapon striking the suspect and he succumbed to his wounds. The police officers were treated at the hospital and have been released. 
The incident is now being investigated by The Butte County Officer Involved Shooting Investigation Team, led by Butte County District Attorney Mike Ramsey.
Police reported minutes ago that the northbound lane of Main Street has been reopened.