City of Long Beach - File #: 08-139R

• File #: 08-139R
• Version: 1
• Name: Hillcrest Develpment Partners, LLC Agrmnt 4 150 E. Broadway
• Type: RDA-Contract
• Status: Approved
• File created: 11/24/2008
• In control: Redevelopment Agency Board
• On agenda: 12/1/2008
• Final action: 12/1/2008
• Title: Approve and authorize the Executive Director to execute all documents necessary for a lease with Hillcrest Development Partners, LLC, for retail space located at 150 E. Broadway at a monthly lease rate of $4,550; and execute all documents necessary for a sublease with Bikestation Long Beach for ground floor retail space located at 150 E. Broadway at a monthly sublease rate of $1, for the temporary relocation of Bikestation Long Beach. (Downtown - District 2)
• Related files: 10-098R

Date	Ver.	Action By	Action	Result
12/1/2008	1	Redevelopment Agency Board	approve recommendation	Pass

TITLE

Approve and authorize the Executive Director to execute all documents necessary for a lease with Hillcrest Development Partners, LLC, for retail space located at 150 E. Broadway at a monthly lease rate of $4,550; and execute all documents necessary for a sublease with Bikestation Long Beach for ground floor retail space located at 150 E. Broadway at a monthly sublease rate of $1, for the temporary relocation of Bikestation Long Beach.  (Downtown - District 2)

SUGGESTED ACTION

Approve recommendation.