TITLE
Recommendation to authorize City Manager to execute a lease between the City of Long Beach and Navy Yacht Club Long Beach, a California non-profit corporation, for use of City-owned property located at 223 Marina Drive, to be used as office space for a term of one year, through November 30, 2008, with two one-year renewal options, at the discretion of the City Manager. (District 3)
DISCUSSION
Navy Yacht Club Long Beach (NYCLB) has leased City-owned property at 223 Marina Drive since 2004. The current lease expires on November 30, 2007. NYCLB is requesting authorization to lease the premises for an additional three years. The premises include a land area of approximately 3,500 square feet and a building area of approximately 300 square feet.
NYCLB was established in 1967, for the purpose of providing and encouraging Corinthian sailing to the military community. NYCLB is affiliated with and sponsored by the United States Navy. Members include active duty military from all branches of the armed forces, retired military, veterans, and Coast Guard Auxiliary personnel. The organization actively participates in local charitable activities, including the Long Beach Charity Regatta benefiting the Children's Clinic of Long Beach.
The proposed lease contains the following major terms and provisions:
. Premises: Approximately 3,500 square feet of land and 300 square feet of office space, commonly known as 223 Marina Drive.
. Use: The leased premises will be utilized as office space.
. Lease Term: One year, through November 30, 2008, with two one-year renewal options.
. Rent: Monthly rent of $676 due on the first of each month, with an annual consumer price index adjustment.
. Maintenance and Utilities: NYCLB shall be responsible for all maintenance and utilities.
. Insurance: NYCLB shall provide evidence of insurance coverage as defined by the City's Risk Manager.
This matter was reviewed by Deputy City Attorney Gary J. Anderson on October 8, 2007, a...
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