TITLE
Recommendation to authorize City Manager to execute the Third Amendment to Ground Lease No. 25418 between the City of Long Beach (Lessor) and AP-Long Beach Airport, LLC (Lessee), and all documents necessary to extend the term of the lease and modify the use provision for City-owned property at 3205 Lakewood Boulevard; and
Authorize City Manager to execute a sublease between the City of Long Beach (Sub-Lessee) and AP-Long Beach Airport, LLC (Sub-Lessor), and all documents necessary for approximately 114,553 rentable square feet (RSF) of hangar, warehouse and office space at 3205 Lakewood Boulevard for the relocation of Long Beach Fire Department Headquarters and Long Beach Police Department Field Services Division for a 30-year, 4-month term at the initial monthly base rent of approximately $128,300.
DISCUSSION
Long Beach Police Department (PO) subleases approximately 15,000 square feet of hangar space and 6,000 square feet of office space with 52 parking spaces at the Long Beach Airport from Olen Properties Corporation (Olen), for PO's Field Services Division (Please see Exhibit A). PO currently pays $252,718 per year in lease payments and approximately $25,000 per year in utility costs. Lease No. 25952 will terminate on November 30,2008.
Long Beach Fire Department (FD) maintains its administrative headquarters in an office building in the Port of Long Beach (Port) at 925 Harbor Plaza. This was originally intended to be a short-term tenancy and several previous efforts to locate a permanent site for FD have not been successful. One primary issue. has been cost as FD has not been required to pay rent to the Port, although FD does budget $27,389 annually for custodial costs. Currently, the Port leases trailer offices for their staff because they do not have sufficient space for these employees in their building. Consequently, the Port intends to build a new office building and demolish the existing structure in the near future, requiring the relocation of...
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