File #: 22-0493    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 3/4/2022 In control: City Council
On agenda: 6/14/2022 Final action: 7/19/2022
Title: Ordinance authorizing the execution of a 30 year commercial land lease agreement with Blue Marlin Holdings, LLC in lieu of a current five year lease for two tracts of City owned land totaling 1.268 acres for use as a recreational vehicle park called Puerto del Sol Recreational Vehicle Park, located at the northern end of North Beach in Council District 1, for a 30-year term from October 1, 2022, and ending September 30, 2052 for a monthly fee of $1,225 with a fee escalation rate calculated based on the Consumer Price Index beginning on October 1, 2026.
Sponsors: Engineering Services
Attachments: 1. 22-0493 Agenda Memo- Puerto Del Sol RV park 6-14-22 (ACM Reviewed) - Change 1, 2. Ordinance - Commercial Lease, 3. City Council Exhibit - Puerto del Sol RV Park, 4. Blue Marlin Commercial lease. 2022_30y Final

Title

Ordinance authorizing the execution of a 30 year commercial land lease agreement with Blue Marlin Holdings, LLC in lieu of a current five year lease for two tracts of City owned land totaling 1.268 acres for use as a recreational vehicle park called Puerto del Sol Recreational Vehicle Park, located at the northern end of North Beach in Council District 1, for a 30-year term from October 1, 2022, and ending September 30, 2052 for a monthly fee of $1,225 with a fee escalation rate calculated based on the Consumer Price Index beginning on October 1, 2026.