SR-6-I (8)
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"~ .1 ~ 0RIIDl1........ or 11-24-17
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IJO. Mayor and City Council
..... Ci ty staff
~. bCODendation to approYe 1Iodlficatlon U
Le... a.vr-ent ..t.veen Ci~y of santa Monica
and .~naarine of Santa lIonica and the
SUbl.... of . Portion of ~. t...e4 Pr..i...
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on May 1, 1"', th. Ci ty .nt.r.d into aLe... AcJr..lIl.nt.
with Supenaarin. of santa Montca (..lA....") pertaining to c.rta1n
real property located at the Santa Monica Airport for purpo... of
con.t.ruction, operat.ion and maintenance of a tull .ervice
aviation fixed based operation ("1SO").
JlIJ2IBU
Les.e. now desires to sublease a portion of the leased
Premiaes to the 28th street Restaurant corporation for the
purpoa. of operating a restaurant containing an a-~illary bar or
coc~tai1 lounge open to the general publiC for luncn and dinner.
The restaurant. would ut.ilize approximatelY 13,500 square feet and
would be located in the upper lev.l of Leasee '. admini.tration
building, thereby allowift9 patrons to enjoy . ...1 while aircraft
viewing. The Lease Agr...ent requires Lessee to obtain City's
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.:~ wrltan ccm.MIlt to any ...l~. ..1...., 01' 8'I:beI' ~' ',-
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.. u..r. of UaII t.aa.. 01' any Intana~ tbanln.
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U.itlonally, in cmSer ~ allow t-ea... ~ UN . portion of
tile >>nai... tor . nftaun.n~ OJIU to the piteral publio, Ut.
~ ..... A9rMMnt require. . JIOdlfloatlon to expressly pemit IIUCh
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The Le... Aqr....nt with Le.... provide. for payaent of
percentage r.ntal aqua 1 to th. difterence between th. KinaUJl
Annual.... Cr...und R.ntal anc! the total of various percentag'e. of
bu.in... activiti.., provided .uch total .xc.eds the lIinimulll
Annual ea.. Ground Rental. The city therefore ha. the potential
to receive a .hare of gross receipts from the proposed restaurant
operation.
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Accordingly, staff recommends that the City Council take
the following actions:
1. Authorize the C! ty Manager to execute a Consent to
Subl.ase pertaining to the proposed Sublease between Supermarine
of Santa Monica and 21th Street Re.taurant Corporatic '.
2. Authorize the City Manager to execute a Modification to
the Lea.e Agreement for the purpose. .tated herein.
Prep.red by: Hank Dittmar, Airport Director
Robert M. Myers, City Attorney
Linda A. Moxon, Deputy City Attorney
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