City of Long Beach - File #: 27140_002https://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=1615448&GUID=19E542F1-3221-4E80-8042-827666784757Legistar15City of Long Beach - File #: 27140_002https://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=1615448&GUID=19E542F1-3221-4E80-8042-82766678475719E542F1-3221-4E80-8042-827666784757-2019-01-22-23-10-36Title: LEASE TERMINATION AGREEMENT - DUE TO RECENT CHANGES TO LEGAL REQUIREMENTS APPLICABLE TO THE HOSPITAL, IT IS NO LONGER FINANCIALLY FEASIBLE FOR COMMUNITY HOSPITAL OF LONG BEACH, INC, TO OPERATE THE HOSPITAL. TO THAT END, LONG BEACH MEMORIAL MEDICAL CENTER SHALL ENTER INTO A LONG-TERM LEASE WITH CITY, EFFECTIVE IMMEDIATELY AFTER TERMINATION OF CHLB & CONTINUE TO OEPRATE A HOSPITAL ON PREMISES (DISCONTINUE THE USE OF CITY-OWNED PROPERT AT 1720 TERMINO AVENUE) (ALSO SEE CONTRACT #32175)Tue, 22 Jan 2019 23:10:36 GMT