City of Long Beach - File #: 29872_000

• File #: 29872_000
• Version: 1
• Name: LONG BEACH GROUP, INC/LBH LAND HOLDING COMPANY, LLC - ASSIGNMENT OF GROUND LEASE, ACCEPTANCE OF ASSIGNMENT & ASSUMPTION OF GROUND LEASE & CONSENT TO ASSIGNMENT & ASSUMPTION OF GROUNDLEASE
• Type: Conformed Contract
• Status: CCIS
• File created: 12/26/2006
• In control: City Clerk
• On agenda: 10/4/2005
• Final action: 10/4/2005
• Title: ASSIGNMENT OF GROUND LEASE, ACCEPTANCE OF ASSIGNMENT & ASSUMPTION OF GROUND LEASE & CONSENT TO ASSIGNMENT & ASSUMPTION OF GROUND LEASE - LONG BEACH GROUP, INC TO ASSIGN, TRANSFER, SELL CONVEY, GRANT & DELIVER ALL OF ITS RIGHT, TITLE & INTEREST AS LESSEE IN & TO GROUND LEASE TO LBH LAND HOLDING COMPANY, LLC (BUYER) IN CONNECTION WITH PURCHASE & SALE OF PROPERTY (FACILITY KNOWN AS 600 QUEENSWAY DRIVE), & CITY HAS AGREED TO CONSENT TO SUCH ASSIGNMENT (NOTE: PER COMMUNITY DEVELOPMENT, ORIGINAL LEASE WAS BETWEEN BOARD OF HARBOR COMMISSIONERS & QUIET CANNON LONG BEACH, INC, DATED 5/7/1987 (HARBOR DEPARTMENT DOCUMENT #HD-4284) THEREFORE, THIS ASSIGNMENT OF GROUND LEASE, ACCEPTANCE OF ASSIGNMENT & ASSUMPTION OF GROUND LEASE & CONSENT TO ASSIGNMENT & ASSUMPTION OF GROUND LEASE IS ASSIGNED A NEW CONTRACT #)
• Sponsors: Community Development
• Indexes: Leases
• Related files: 05-3259

Date	Ver.	Action By	Action	Result
10/4/2005	1	City Council	authorize City Manager

TITLE

ASSIGNMENT OF GROUND LEASE, ACCEPTANCE OF ASSIGNMENT & ASSUMPTION OF GROUND LEASE & CONSENT TO ASSIGNMENT & ASSUMPTION OF GROUND LEASE - LONG BEACH GROUP, INC TO ASSIGN, TRANSFER, SELL CONVEY, GRANT & DELIVER ALL OF ITS RIGHT, TITLE & INTEREST AS LESSEE IN & TO GROUND LEASE TO LBH LAND HOLDING COMPANY, LLC (BUYER) IN CONNECTION WITH PURCHASE & SALE OF PROPERTY (FACILITY KNOWN AS 600 QUEENSWAY DRIVE), & CITY HAS AGREED TO CONSENT TO SUCH ASSIGNMENT (NOTE:  PER COMMUNITY DEVELOPMENT, ORIGINAL LEASE WAS BETWEEN BOARD OF HARBOR COMMISSIONERS & QUIET CANNON LONG BEACH, INC, DATED 5/7/1987 (HARBOR DEPARTMENT DOCUMENT #HD-4284) THEREFORE, THIS ASSIGNMENT OF GROUND LEASE, ACCEPTANCE OF ASSIGNMENT & ASSUMPTION OF GROUND LEASE & CONSENT TO ASSIGNMENT & ASSUMPTION OF GROUND LEASE IS ASSIGNED A NEW CONTRACT #)