'American Pie' actress Tara Reid is settling down. Her boyfriend, entrepreneur Michael Axtman, popped the question during dinner in Los Angeles Monday night, PEOPLE is reporting.

"Michael surprised Tara with a beautiful round brilliant cut ring," the actress's rep said. "Tara was so happy, and the other patrons clapped and yelled out, 'Congratulations.'"

The 34-year-old starlet and notorious party girl began dating Axtman last year. They are planning a small wedding for this summer.