REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Al Zelinka, City Manager
VIA: Ursula Luna-Reynosa, Director of Community Development
PREPARED BY: Kriss Casanova, Economic Development Manager
Subject:
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Approve an Amended and Restated Lease Agreement between the City of Huntington Beach and Waterfront Hotel, LLC, for the beach concession at 21351 Pacific Coast Highway
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Statement of Issue:
The City Council is asked to approve an Amended and Restated Lease Agreement (the "Lease Agreement") between the City and Waterfront Hotel, LLC ("Lessee"), to operate the beach concession located at 21351 Pacific Coast Highway (formerly called the "Waterfront Beach Cabana Concession").
Financial Impact:
The Lease Agreement will generate $13,200 annually in base rent in addition to shared percentage of revenue based on low (5%), middle (10%), and peak (12%) seasons. Revenues will be deposited into General Fund Account Nos. 10000100.43095 and 10000100.43090.
Recommended Action:
recommendation
A) Approve an Amended and Restated Lease Agreement between the City of Huntington Beach and Waterfront Hotel, LLC for the Concession Stand at 21351 Pacific Coast Highway; and,
B) Authorize the Mayor, City Manager, and City Clerk to execute the Agreement and other related documents.
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Alternative Action(s):
Do not approve the Lease Agreement, and direct staff accordingly.
Analysis:
The Lessee is the owner of the Hilton Hotel and has operated the concession on the City beach since 1990. In 2001, the concession was demolished and rebuilt as part of the development agreement between Waterfront and the City for the construction of the new Hyatt Regency Huntington Beach Resort and Spa. The existing lease commenced in 2003 and is set to expire January 31, 2023.
The concession provides amenities for beachgoers and hotel guests including food, bike rentals, sunscreen, and firewood for the evening fire rin...
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