TITLE
Recommendation to authorize City Manager, or designee, to execute amendments to Commercial Leases and Agreements memorializing the deferment of any rent obligations due on City-owned properties between March 4, 2020 through May 31, 2020, until November 30, 2020, in the General Fund Group, Tidelands Operating Fund Group, Tidelands Area Fund Group, and Airport Fund Group, that are impacted by the COVID-19 emergency, in accordance with Ordinance No. ORD-20-0010. (Citywide)
DISCUSSION
On March 17, 2020, the City Council took several actions to mitigate the adverse impacts to the community caused by the COVID-19 pandemic, which included directing the City Manager to work with relevant departments to evaluate the feasibility of implementing an economic relief package for working families and small businesses impacted by the COVID-19 pandemic. Further, on March 24, 2020, the City Council adopted Ordinance No. ORD-20-0010 (Ordinance), which temporarily prohibits evictions of residential and commercial tenants due to the COVID-19 emergency and provides affected tenants with a grace period in which tenants can defer rent due during the declared emergency period (March 4, 2020 through May 31, 2020). Tenants have until November 30, 2020 to pay all deferred rent, without any associated late charges (Grace Period); provided certain steps are completed by the affected tenants. The Ordinance requires that affected tenants notify property owners of their inability to make rental payments and provide supporting documentation. Although certain City of Long Beach (City) tenants may already be covered by the Ordinance, the City, in its capacity as Landlord, is taking this action to clarify and confirm the application of the Ordinance to Commercial tenants of City-owned property (City Tenants).
The City currently has approximately 48 commercial leases and agreements (Agreements) for the use and/or tenancy of City-owned property located throughout Long Beach, including i...
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