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File #: 25-1054    Version: 1 Name:
Type: Ordinance Status: To Be Introduced
File created: 7/2/2025 In control: City Council
On agenda: 7/22/2025 Final action:
Title: Ordinance authorizing an amendment to the lease with Ocean Air Center, LLC to amend the term to add two one-year renewals and add an escalation of the base rent by 3% per annum.
Sponsors: Aviation Department
Attachments: 1. Agenda Memo - Ocean Air Lease Amendment No. 1, 2. Ordinance - Ocean Air Lease Amendment No. 1, 3. Ocean Air Lease Amendment No. 1, 4. Presentation - Ocean Air Lease Amendment No. 1
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Title

Ordinance authorizing an amendment to the lease with Ocean Air Center, LLC to amend the term to add two one-year renewals and add an escalation of the base rent by 3% per annum.