City of Long Beach - File #: 29263_000

• File #: 29263_000
• Version: 1
• Name: JOHN HANCOCK LIFE INS CO - LEASE
• Type: Conformed Contract
• Status: CCIS
• File created: 10/3/2005
• In control: City Clerk
• On agenda: 5/16/2000
• Final action: 6/27/2000
• Title: LEASE: CITY LEASES TO JOHN HANCOCK LIFE INSURANCE COMPANY REAL PROPERTY & IMPROVEMENTS THEREON & WATER AREA WITHIN BOAT BASIN REFERRED TO AS PARCELS 1 & 2 (IN CONNECTION WITH PRIVATE SALE OF IMPROVEMENTS AT 310-340 GOLDEN SHORE AVENUE, COMMONLY KNOWN AS CATALINA LANDING) - RENT: $972,000 PER YEAR (PARTIAL LEASE YEAR 2000 SHALL BE PRO RATA PORTION), $972,000 PER YEAR (FOR LEASE YEARS 2001-2009), $1,166,400 PER YEAR (FOR LEASE YEARS 2010-2014), IN YEAR 2015, ANNUAL RENT SHALL BE ADJUSTED (ALSO SEE CONTRACT #29264)
• Sponsors: City Attorney
• Indexes: Leases
• Related files: 29263_007, 29263_006, 29263_003, 29263_005

Date	Ver.	Action By	Action	Result
6/27/2000	1	City Council	authorize City Manager
5/16/2000	1	City Council	authorize City Manager

TITLE

LEASE:  CITY LEASES TO JOHN HANCOCK LIFE INSURANCE COMPANY REAL PROPERTY & IMPROVEMENTS THEREON & WATER AREA WITHIN BOAT BASIN REFERRED TO AS PARCELS 1 & 2 (IN CONNECTION WITH PRIVATE SALE OF IMPROVEMENTS AT 310-340 GOLDEN SHORE AVENUE, COMMONLY KNOWN AS CATALINA LANDING) - RENT:  $972,000 PER YEAR (PARTIAL LEASE YEAR 2000 SHALL BE PRO RATA PORTION), $972,000 PER YEAR (FOR LEASE YEARS 2001-2009), $1,166,400 PER YEAR (FOR LEASE YEARS 2010-2014), IN YEAR 2015, ANNUAL RENT SHALL BE ADJUSTED (ALSO SEE CONTRACT #29264)