TITLE
Recommendation to authorize City Manager to execute all documents necessary for a Termination Agreement for Lease No. 23033 between the City of Long Beach and the Automobile Club of Southern California, a California corporation, for City-leased office space at 4800 Los Coyotes Diagonal. (District 4)
DISCUSSION
On August 3, 1993, the City Council authorized the execution of Lease No. 23033 for a 7,002 square foot (SF) facility at 4800 Los Coyotes Diagonal (Leased Premises) to be utilized as the East Division Police Substation (PD East Division). Previously used as office space for the Automobile Club of Southern California (Auto Club), the Lease provided for improvements to the Leased Premises to create offices, men’s/women’s locker rooms and associated shower/restroom facilities, and customary security and technology improvements to accommodate PD East Division’s use. The Lease provided for an initial ten-year term, commencing November 1, 1993, and two additional five-year renewal options, which were memorialized in the First and Second Amendments for a termination date of October 31, 2013. On August 13, 2013, in anticipation of the future relocation of the PD East Division, the City Council authorized the execution of the Third Amendment, to extend the term of the Lease for an additional three-year period and provide the City with an early termination option.
The PD East Division is in the process of relocating to a new facility at 3800 E. Willow Street, a former U.S. Army Reserve Center site also known as Schroeder Hall. Consequently, the City has exercised its option for early termination. The target date for returning the Leased Premises to the Auto Club is Friday, March 11, 2016. Under the terms of the Lease, the City is responsible for restoration of the Leased Premises by removing any improvements, alterations or additions designated by the Auto Club. The scope of this work includes removal of all added interior walls and millwork, removal...
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