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Recommendation to authorize City Manager, or designee, to execute any and all documents necessary for a License Agreement with The Boeing Company, a Delaware corporation, for the short-term use of the parking lot at 2401 East Wardlow Road as overflow parking for the Long Beach Airport Festival of Flight. (District 5)
DISCUSSION
The Long Beach Airport (Airport) is celebrating its annual Festival of Flight (Festival), on Saturday, November 17, 2018, from 10:00 a.m. to 4:00 p.m. This event takes place on the airfield and provides the public with the opportunity to meet with airport tenants, fixed-base operators, pilot shops, and flying schools. This year's Festival marks the start of a yearlong celebration of the Airport's 95th Anniversary and will feature an aviation static display, numerous games and activities for kids, gourmet food trucks, refreshments, and live entertainment. It is anticipated that over 10,000 people will be in attendance.
The majority of public parking for the Festival is provided on a City-owned parking lot at the corner of Wardlow Road and Globemaster Way, immediately adjacent to the airfield. Given that the number of people attending is anticipated to be larger than past years, additional overflow parking is needed to ensure sufficient parking. In a collaborative effort with the Airport to support the Festival, The Boeing Company is willing to provide parking free of charge within its parking lot at 2401 East Wardlow Road.
To this end, negotiations between the parties have resulted in a proposed License Agreement containing the following major terms and conditions:
• Licensor: The Boeing Company, a Delaware corporation.
• Licensee: City of Long Beach, a municipal corporation.
• Licensed Premises: The non-exclusive use of the parking lot at 2401 East Wardlow Road.
• Term: The agreement shall commence on November 14, 2018 and terminate on November 18, 2018.
• License Fee: The use of the Licensed Premises shall be at no...
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