UPDATE (5:02 p.m.) - Police say the incident has been resolved.
UPDATE (4:24 p.m.) - Santa Barbara police say officers are in contact with the person with a knife near the Santa Barbara police station. People are asked to stay away from the area.
ORIGINAL STORY: Residents in a portion of Santa Barbara were told to shelter in place Wednesday afternoon.
Santa Barbara police issued the advisory at around 4 p.m. and said it was due to a person with a knife who was last seen near police department on the 200 block of E. Figueroa St.
People are being advised to shelter in place until further notice.
This is a developing story and will be updated as information becomes available.