TITLE
Recommendation to authorize City Manager to execute all documents necessary for a lease between CityPlace Long Beach, LLC; CityPlace Long Beach TIC I, LLC; and CityPlace Long Beach TIC 2, LLC, all Delaware limited liability companies, as tenants in common (Landlord), and the City of Long Beach (Tenant) for office space at 540 Pine Avenue (Building J-115) to house certain veterans’ organizations for a five-year term at the initial monthly base rent of $6,358;
Authorize City Manager to execute all documents necessary for subleases between the City of Long Beach (Sublandlord) and the American Legion, Arthur L. Peterson Post No. 27 (Subtenant); Disabled American Veterans, Long Beach Chapter No. 17, Inc. (Subtenant); and the Fleet Reserve Association, P.P. BR 43/1990-93 (Subtenant) for approximately 3,179 square feet of office space at
540 Pine Avenue (Building J-115) for a five-year term; and
Increase appropriations in the Civic Center Fund (IS 380) and in the Department of Community Development (CD) by $245,946. (District 1)
DISCUSSION
By an agreement dated January 16, 1936 (Agreement), the City of Long Beach and the County of Los Angeles joined together to construct the Veterans' Memorial Building (Building) at the northeast corner of Broadway and Cedar Avenue for the exclusive use and benefit of certain veterans' organizations. The City contributed the land and the County contributed the funding for construction of the Building. The Agreement required that the City be given exclusive jurisdiction over the management, operation, control, maintenance, upkeep and repair of the Building. As was reconfirmed by the State Attorney General in 1952, the Agreement created an easement benefiting the veterans' organizations, thereby obligating the City to maintain a facility for the veterans' organizations until they formally abandon said easement.
On October 28, 1975, the City Council approved the Agreement for Exchange of Real Property with the State of Califo...
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