City of Long Beach - File #: 27940_002

• File #: 27940_002
• Version: 1
• Name: RAINBOW AIR ACADEMY, INC/AMAZING GRACE, LLC - ASSIGNMENT OF GOUND LEASE
• Type: Conformed Contract
• Status: CCIS
• File created: 12/29/2014
• In control: City Clerk
• On agenda: 5/20/1997
• Final action: 5/20/1997
• Title: ASSIGNMENT OF GROUND LEASE - RAINBOW AIR ACADEMY, INC (ASSIGNOR) IS HEREBY ACKNOWLEDGED, DOES CONVEY, TRANSFER, ASSIGN & SET OVER UNTO AMAZING GRACE, LLC (ASSIGNEE), ALL OF ASSIGNOR'S RIGHT, TITLE & INTEREST IN & TO THAT CERTAIN GROUND LEASE FOR PARCELS J8A & J8B TO AMAZING GRACE, LLC TO HAVE & TO HOLD UNTO ASSIGNEE, ASSIGNEE'S SUCCESSORS & ASISGNS, SUBJECT TO TERMS, COVENANTS CONDITIONS & OBLIGATIONS (TERM 40 YEARS AS OF 3/12/1999) (ALSO ATTACHED: ASSUMPTION OF OBLIGATIONS, DATED 12/22/2003)
• Sponsors: Public Works
• Indexes: Amendments
• Related files: 27940_003, 27940_004, 27940_005, 27940_007

Date	Ver.	Action By	Action	Result
5/20/1997	1	City Council	authorize City Manager

TITLE

ASSIGNMENT OF GROUND LEASE - RAINBOW AIR ACADEMY, INC (ASSIGNOR) IS HEREBY ACKNOWLEDGED, DOES CONVEY, TRANSFER, ASSIGN & SET OVER UNTO AMAZING GRACE, LLC (ASSIGNEE), ALL OF ASSIGNOR'S RIGHT, TITLE & INTEREST IN & TO THAT CERTAIN GROUND LEASE FOR PARCELS J8A & J8B TO AMAZING GRACE, LLC TO HAVE & TO HOLD UNTO ASSIGNEE, ASSIGNEE'S SUCCESSORS & ASISGNS, SUBJECT TO TERMS, COVENANTS CONDITIONS & OBLIGATIONS  (TERM 40 YEARS AS OF 3/12/1999)  (ALSO ATTACHED:  ASSUMPTION OF OBLIGATIONS, DATED 12/22/2003)