TITLE
Recommendation to authorize City Manager to execute a First Amendment to Sublease No. 23972 between Million Air North, Inc., as successor-in-interest to Long Beach Million Air, Inc., (Sublessor) and the City of Long Beach (Sublessee) for office space at 4135 Donald Douglas Drive for the Airport Community Information and Noise Abatement Center to extend the term for an additional two-year period at a rental rate of $3,800.70 per month. (District 5)
DISCUSSION
On April 19, 2005, the City Council authorized the execution of Sublease No. 23972 between Million Air North, Inc., as successor-in-interest to Long Beach Million Air, Inc., and the City of Long Beach for approximately 1 ,800 square feet of office space at 4135 Donald Douglas Drive to house the Airport Community Information and Noise Abatement Center (Airport Center). The Airport Center provides enhanced airport, safety, and noise abatement information to the Long Beach community and Airport passengers and pilots. Originally housed in the Long Beach Airport Terminal building (Terminal), the Airport Center was relocated to its current site in order to provide full public and Airport user accessibility. The current site is located in a one-story facility situated approximately 100 feet from the Terminal on City-owned property leased to Million Air North under Lease No. 23972 (Master Lease) consisting of office space, general aviation aircraft hangers, aircraft tiedowns and public automobile parking.
The Sublease will terminate on April 30, 2008. Under the terms of the Sublease, the City may extend the term for an additional two-year period. In an effort to continue Airport Center operations, a First Amendment to Sublease No. 23972 has been proposed containing the following major terms and conditions:
· Premises: The subleased premises shall be composed of approximately 1,800
rentable square feet of office space at 4135 Donald Douglas Drive.
· Term: The term of the Sublease shall be extended for ...
Click here for full text