Long Beach, CA
File #: 27140_002    Version: 1 Name: COMMUNITY HOSPITAL OF LONG BEACH, INC - LEASE TERMINATION AGREEMENT
Type: Conformed Contract Status: CCIS
File created: 6/9/2011 In control: City Clerk
On agenda: 3/22/2011 Final action: 3/22/2011
Title: 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)
Sponsors: Public Works
Indexes: Amendments
Attachments: 1. 27140_002.pdf
Related files: 11-0292, 32175_000
TITLE
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)