Long Beach, CA
File #: 15-0021    Version: 1 Name: CM/LBA - Lease w/Gulfstream Aerospace Corp. D5
Type: Contract Status: CCIS
File created: 12/11/2014 In control: City Council
On agenda: 1/6/2015 Final action: 1/6/2015
Title: Recommendation to authorize City Manager to execute all documents necessary for the Eighth Amendment to Fixed Base Operation Lease No. 21569 between the City of Long Beach and Gulfstream Aerospace Corporation, a California corporation, for City-owned property at 4150 Donald Douglas Drive at the Long Beach Airport. (District 5)
Sponsors: City Manager, Long Beach Airport
Indexes: Amendments, Leases
Attachments: 1. 010615-R-26sr&att.pdf
Related files: 21569_008
TITLE
Recommendation to authorize City Manager to execute all documents necessary for the Eighth Amendment to Fixed Base Operation Lease No. 21569 between the City of Long Beach and Gulfstream Aerospace Corporation, a California corporation, for City-owned property at 4150 Donald Douglas Drive at the Long Beach Airport. (District 5)

DISCUSSION
On December 22, 1987, the City Council authorized the execution of Fixed Base Operation Lease No. 21569 (Lease) with Gulfstream Aerospace Corporation (Gulfstream), successor in interest to 7701 Woodley Avenue Corporation, for City-owned property at 4150 Donald Douglas Drive (Leased Premises) at the Long Beach Airport (Airport). From this location, Gulfstream operates the only Gulfstream Service Center on the west coast of the United States, providing manufacturing and maintenance service and repairs to the growing number of Gulfstream jet aircraft in operation. Annually, Gulfstream services over 600 aircraft at the Leased Premises. The Leased Premises currently measures approximately 16.5 acres and there is no additional area to expand outside of its existing boundaries. Consequently, Gulfstream operates a 53,000 square foot (SF) paint hangar on subleased property at 3495 Lakewood Boulevard from another tenant at the Airport. Gulfstream is seeking additional leased space at the Airport to meet immediate demand for increasing aircraft services.

Lease No. 22055 with the Boeing Company (Boeing), for approximately six acres of land at 3521 E. Spring Street (Spring Street Site) at the Airport, will terminate on January 31, 2015 as part of the closure of the C-17 aircraft production program. Used by Boeing as a maintenance and repair facility for C-17 aircraft, the Spring Street Site is improved with a two-story office building, an aircraft hangar, and an aircraft parking ramp with direct access to the airfield. These imminently available facilities would serve to meet Gulfstream’s immediate operational needs for addit...

Click here for full text