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Title:
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MASTER LEASE: CITY TO LEASE TO MASTER LESSEE PREMISES CONSISTING OF APPROXIMATELY 68,920 SQUARE FEET, IMPROVED WITH GROUP OF STRUCTURES CONSISTING OF APPROXIMATELY 21,656 SQUARE FEET KNOWN COLLECTIVELY AS "ALAMITOS BAY MARINA CENTER" (PORTION OF LOT 2, TRACT #1077) FOR USES PERMITTED BY TIDELANDS TRUSTS: COMMERCE, NAVIGATION, RECREATION & FISHERIES - BASE RENT: $50,000 ($100,000 PER YEAR FOR EACH SUBSEQUENT YEAR UNTIL DEVELOPMENT COSTS ARE FULLY AMORTIZED)
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