TITLE
Recommendation to authorize City Manager to execute all documents necessary for the Seventh 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 at the Long Beach Airport. From this location, Gulfstream operates the only Gulfstream Service Center on the western 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.
The current term of the Lease will expire on March 23, 2018. However, as per the Lease, Gulfstream is afforded two five-year extension options for a potential Lease termination date of March 23, 2028. The leased premises currently measure approximately 15.773 acres and are located just south of the terminal building and passenger concourse of the Long Beach Airport (see Attachment).
For security purposes, the Gulfstream leasehold is surrounded by a fence with gated access from Donald Douglas Drive. An approximate 13,000 square foot (SF) rectangular area of the leasehold is located outside the fence adjacent to Donald Douglas Drive and is used for sidewalk and landscaping purposes (Sidewalk Parcel). Since this excess area is not used by Gulfstream for operational purposes, the City would like to reclaim this area to improve pedestrian access and for future improvements to the traffic lanes on Donald Douglas Drive. Gulfstream is amenable to the City’s request.
The recently completed passenger concourse project included the rea...
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