Long Beach, CA
File #: 25092_004    Version: 1 Name: CHOURA VENUE SERVICES - AMENDED & RESTATED LEASE
Type: Conformed Contract Status: CCIS
File created: 3/24/2009 In control: City Clerk
On agenda: 12/16/2008 Final action: 12/16/2008
Title: AMENDED & RESTATED LEASE - CITY TO LEASE "AS IS" PROPERTY COMMONLY KNOWN AS EL DORADO RESTAURANT AT 2400 STUDEBAKER ROAD TO BE USED SOLEY TO SELL TO PUBLIC FOOD & BEVERAGES, INCLUDING ALCOHOLIC BEVERAGES, RENTAL OF BANQUET ROOMS & OPERATION OF FULL SERVICE EVENT PLANNING CENTER, ASSOCIATED WITH EVENT CENTER COMMONLY KNOWN AS THE GARDEN PAVILION - RENT: 8% OF MONTHLY GROSS RECEIPTS & MINIMUM MONTHLY INSTALLMENT SHALL BE $7,400 (EFFECTIVE 1/1/2009 - 12/31/2013), 10% OF MONTH GROSS SALES RECEIPTS & MINIMUM MONTHLY INSTALLMENT SHALL BE $7,400 (EFFECTIVE 1/1/2014 - 12/31/2018)
Sponsors: Parks, Recreation and Marine
Indexes: Amendments, Leases
Attachments: 1. 25092_004.pdf
Related files: 08-1289, 25092_006
TITLE
AMENDED & RESTATED LEASE - CITY TO LEASE "AS IS" PROPERTY COMMONLY KNOWN AS EL DORADO RESTAURANT AT 2400 STUDEBAKER ROAD TO BE USED SOLEY TO SELL TO PUBLIC FOOD & BEVERAGES, INCLUDING ALCOHOLIC BEVERAGES, RENTAL OF BANQUET ROOMS & OPERATION OF FULL SERVICE EVENT PLANNING CENTER, ASSOCIATED WITH EVENT CENTER COMMONLY KNOWN AS THE GARDEN PAVILION - RENT: 8% OF MONTHLY GROSS RECEIPTS & MINIMUM MONTHLY INSTALLMENT SHALL BE $7,400 (EFFECTIVE 1/1/2009 - 12/31/2013), 10% OF MONTH GROSS SALES RECEIPTS & MINIMUM MONTHLY INSTALLMENT SHALL BE $7,400 (EFFECTIVE 1/1/2014 - 12/31/2018)