TITLE
Recommendation to authorize City Manager to execute all documents necessary for an Amended and Restated Lease between the City of Long Beach and Aerolease-Long Beach, dba Aeroplex Aviation, a California general partnership, for City-owned property at 3333 East Spring Street at the Long Beach Airport; and
Authorize City Manager to execute all documents necessary for an Amended and Restated Lease between the City of Long Beach and Concepts 4, Inc., a California corporation, for City-owned property at 3229 East Spring Street at the Long Beach Airport. (District 5)
DISCUSSION
In 1982, the City Council authorized the execution of a lease with Aerolease-Long Beach (Aeroplex) for the development of approximately 14.2 acres (Master Parcel) of City-owned property on Spring Street at the Long Beach Airport for office and airport services. In 1988, the City Council authorized the subdivision of the Master Parcel for the creation of a separate lease for approximately three-quarters of an acre containing a 29,000 square foot (SF), three-story office building (Office Parcel), which Aeroplex continued to manage. In 1992, the City Council authorized the further subdivision of the Master Parcel for the creation of a separate lease with Catalina Flying Boats for approximately 1.14 acres for aircraft hangar use. In 1997, the Office Parcel was assigned to Ned L. Gaylord, trustee of the Gaylord Family Trust dated August 29, 1995 and James Dumars, executor of the Estate of Bert Dumars, and further assigned in 2003 to the current tenant, Concepts 4, Inc. (Concepts 4). In 2011, Aeroplex acquired the leasehold interest in 1.7 acres of aircraft ramp space (Ramp Parcel) adjacent to the Master Parcel, which was formerly used by Fuel Controls, Inc., for aircraft parking (Attachment).
Aeroplex operates as a fixed base operator (FBO) at the Long Beach Airport (Airport) providing aviation services to the general aviation community on approximately 14 acres of City-owned propert...
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