REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Oliver Chi, City Manager
PREPARED BY: Kellee Fritzal, Deputy Director of Economic Development
Subject:
title
Approve First Amendment to Lease between the City and Kokomo's Surfside Grill, Inc., for a Beach Food Concession at the Marine Safety Education Center and approve Consent to Assignment and Assumption of Lease for Kokomo's Concession
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Statement of Issue:
The City Council is asked approve the Consent to Assignment and Assumption of Lease Agreement for Kokomo's Concession and First Amendment to the Lease dated September 5, 2017, between the City of Huntington Beach and Kokomo's Surfside Grill, a California Corporation for a Beach Food Concession on the first floor level of the Marine Safety Education Center.
Financial Impact:
The First Amendment will increase the base monthly rent resulting in an annual increase of $735.00, in addition to any increases in sales overage rent. Revenues will be deposited into the General Fund (10000100.43095).
Recommended Action:
recommendation
A) Approve and authorize the City Manager to execute the Consent to Assignment and Assumption of Lease Agreement for Kokomo's Concession; and
B) Approve and authorize the City Manager to execute the First Amendment to Lease dated September 5, 2017 between the City of Huntington Beach and Kokomo's Surfside Grill, a California Corporation for a Beach Food Concession on the first floor level of the Marine Safety Education Center.
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Alternative Action(s):
Do not approve the Consent to Assignment and Assumption of Lease Agreement and First Amendment to Lease and direct staff accordingly.
Analysis:
On September 5, 2017, the City Council approved a 10-year Lease Agreement ("Lease") with Kokomo's Surfside Grill, Inc., for the operation of a beach concession located at the Junior Lifeguard Headquarters. Kokomo's Surfside Grill, Inc., is currently ...
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