SR 09-13-2016 8A
Ci ty Council
Report
City Council Meeting : September 13, 2016
Agenda Item: 8.A
1 of 10
To: Mayor and City Council
From: Karen Ginsberg, Director , Community & Cultural Services
Subject: Venue Guarantee Letters with LA 2024 Exploratory Committee (LA 2024) and
International Olympic Committee (IOC) for Beach Volleyball during 2024
Olympics
Re commended Action
Staff recommends that the City Council :
1. A uthorize the City Manager to submit a venue guarantee letter to LA 2024 for
use of
Santa Monica State Beach for Beach Volleyball during the 2024 Olympics ; and
2. Authorize the Mayor to submit a letter in support of the Candidature
Questionnaire for the City of Los Angeles to the International Olympic
Committee .
Executive Summary
Los Angeles is one of four cities bidding to host the 2024 Olympic and Paralympic
Games (Games). The LA 2024 Exploratory Com mittee (LA 2024) is seeking both a
venue use guarantee letter from Santa Monica to stage beach volleyball on Santa
Monica State Beach and a separate letter to the International Olympic Committee (IOC)
agreeing to certain assurances as part of the Los Angel es Candidature Questionnaire.
The guarantee letter provides conceptual approval on the part of the venue owner and
agreement to minimum terms that would form the basis of the Venue Use Agreement
that would be executed in the future, should LA be successf ul in winning the bid . The
minimum terms specify the Exclusive Use Period, which would begin on April 1, 20 24
for a portion of the 1550 lot and on June 1, 20 24 for the beach area, and run through
August 18, 2024 for both the 1550 lot and the beach. The re ntal fee would be based on
the formula used for large events in the 1550 lot, as established by the 1550 Lot
Cultural/Entertainment Policy, and the formula used to calculate the fee for private use
of the beach. Based on the preliminary plan, the fee, base d on current rates, would be
approximately $3.7 million and includes rental of the 1550 lot and the beach area as
well as reimbursement for loss of parking revenue. Operational costs for other City
departments would be negotiated as part of the Venue Use A greement.
The IOC letter provides a number of commitments by the City such as not staging major
public events du r ing the Games, protecting the marketing rights of the Organizing
Committee for the 2024 Games (OCOG), providing basic public services during the
2 of 10
Games, and working cooperatively with the U.S. Department of Homeland Security,
which is charged with providing security during the Games. LA 2024 has presented a
preliminary plan to the City and has briefed a number of boards and commissions,
beach r esidents, and the Pier lessees on the concept. The IOC will select the host city
in September 2017; if LA wins the bid , detailed plans would be developed and a full
planning process , similar to what has been used to successfully stage the LA Marathon,
woul d be initiated to examine and address all challenges .
Background
Spearheaded by LA Mayor Eric Garcetti, Los Angeles officially launched its bid to host
the 2024 Olympic and Paralympic Games (Games) on September 1, 2015 with a
unanimous vote by the LA Ci ty Council in support of the city’s quest to host its third
international Olympiad.
Although Boston was initially selected as the preferred venue by the US Olympic
Committee, their subsequent withdrawal cleared the way for LA to seek to bring the
Summer Games back to the United States for the first time in what would be 28 years
since the Atlanta Summer Olympics in 1996. Los Angeles is one of just four
international finalists for the 2014 games along with Rome, Paris and Budapest.
The LA 2024 Explora tory Committee (LA 2024) officially launched the two year effort to
secure the bid at a ceremony at the Annenberg Community Beach House immediately
following the LA City Council vote. The announcement was purposefully held on Santa
Monica State Beach to hi ghlight the key role that beaches have played in the
development of new and exciting sports and inspiring a new generation of athletes.
The two year bid process culminates in September 2017 with the International Olympic
Committee’s (IOC) selection of th e Host City. Over the next twelve months, LA 2024 will
submit a number of documents and presentations to the IOC as well hosting an
Evaluation Committee visit. The other three cities vying for the 2024 Olympic bid are
Paris, Rome and Budapest.
Discussion
As part of the bid process, LA 2024 is required to submit a venue guarantee from each
3 of 10
of the proposed venues to the IOC in October 2016. The venue guarantee letter
(Attachment A) establishes the minimum terms (dates of exclusive use , rental fee ,
municipa l services, merchandising, broadcasting rights, exclusive concession rights )
that would form the basis of the Venue Use Agreement that would be executed in the
future, should Los Angeles be awarded the bid. As part of the Candidature
Questionnaire that LA 2024 must submit to the IOC, each venue has been asked to
submit an accompanying letter that provides assurances of commitments required by
the IOC. The IOC letter (Attachment B) includes the following commitments:
City would not stage major events during the period that would conflict with the
Games
City would take reasonable measure s to protect the marketing rights of the
OCOG
City would provide the normal base level of public services during the Games
The City would require that all construction would co mply with local planning,
environmental, health and safety, labor and anti -corruption laws
The City would make the operations of the City’s Transportation Management
Center available to support the Games transport and traffic solution s
The City would work cooperatively with the Department of Homeland Security
which is charged with providing security during the Olympic Games
Since the Games are eight years away, the proposal for beach volleyball on Santa
Monica State Beach has been presented as a guarantee of minimum terms , with the
details and solutions to the many challenges to be addressed during the seven years of
planning prior to the Games . In an effort to mitigate concerns that the Council might
have making this commitment so far in advance, LA 2024 h as provided a side letter
(Attachment C) that makes clear that absent a mutual agreement on the definitive
venue use agreeme nt, the venue use guarantee would be rendered null and void years
prior to 2024. LA 2024 has proposed having the definitive agreemen t completed by
December 31, 2018.
LA 2024 Beach Volleyball Proposal
Beach volleyball is the only Olympic activity proposed for Santa Monica. The Games
are scheduled to begin on July 19, 2024 and run through August 4, 2024; the
Paralympic Games are held t wo weeks after the Olympic Games, however, beach
volleyball would not be part of the Paralympic Games and would not be held in Santa
4 of 10
Monica.
LA 2024 is proposing to stage the beach volleyball venue on the beach, north of the
Santa Monica Pier, between Li feguard Stations 14 and 15; the proposed concept plan is
shown in Attachment D . The proposed 12,000 seat temporary stadium would be built on
the sand, just north of the 1550 lot and would include a center competition court.
Additional warm up and practice courts would be located on the sand as well as tents
for the athletes. The entire 1550 lot would be used during the month of July and
throughout the Games to stage operational and broadcast components. Additional
highlights of the proposed plan include the following:
There would be two volleyball sessions per day during the two week run of the
Games, including night games; spectators would be expected to arrive at
staggered times to enjoy the Olympic festival atmosphere
Ticket holders would enter the ve nue at the beach level after walking down the
Pier; LA 2024 would build an additional set of stairs from the Pier south of the
existing stairs and would build an accessible ramp from the Pier to the venue
entrance on the beach
The entire site, including the 1550 lot and sand area, would be surrounded by a
10’ security fence; the proposed plan shows the fence in front of three residences
A temporary bike path would be constructed on the sand to go around the site
and under the Pier to meet the existing b ike path south of the Pier
A portion of the 1550 lot would remain open next to the Pier and controlled to
provide access for deliveries to Pier businesses and the northeast portion of the
lot would be open for parking for the nearby residents; the Broadw ay overpass
would also remain open
No onsite parking would be available to Olympic ticket holders; all attendees
would be expected to arrive at all venues by public /alternative transportation
Security within the venue would be under the direction of the federal government,
which is charged with providing security at the Olympic Games
The preliminary construction plan would phase the closure of the 1550 lot and
the beach area as follows:
o April and May 2024: 400 spaces in 1550 lot would be occupied
o Ju ne 2024: 800 spaces in 1550 lot would be occupied as well as
the beach construction area
o July 1, 2024 - August 4, 2024: entire 1550 lot (1175 spaces except
for controlled areas) and entire beach area fenced off
o August 5, 2024 - August 18, 2024: tear d own; 800 parking spaces
occupied in 1550 lot
The rental fee would be based on established formulas that are used to calculate the
rent for large scale events in the 1550 lot and for the permitted use of portions of the
5 of 10
public beach by the private beach c lubs and properties along Palisades Beach Road.
The use of formulas would allow adjustments to be made to preliminary projections as
conditions change over the next eight years. Based on the preliminary plan and
construction schedule, the rental fee would be approximately $3.7 million in 2016 dollar
as shown below.
Site Rental
1550 lot 1,330,027.00 $
Beach 562,733.00 $
Total Site Rental 1,892,760.00 $
Potential Parking Revenue Loss 1,825,239.00 $
Total 3,717,999.00 $
Rental Calculation Summary
This is based on the established rates for use of the 1550 lot as part of the 1550 Lot
Cultural/Entertainment Policy that are currently set at $1.37 per square foot for timed
events and $1.08 per square foot for untimed events plus the potential parking revenue
loss. The rental rate for the 475,765 square foot area of the beach is based on the
$5.50 per square foot per year rate that was established in the 2012 appraisal for beach
recreation u se. The rental fee would be adjusted by the Consumer Price Index for all
Urban Consumers (CPI -U) for the Los Angeles -Orange -Riverside County area
published by the U.S. Bureau of Labor Statistics, for the cumulative increase from
December 2016 through Dece mber 2023 . Since these rates are for property rental, they
are not tied to a cost of service limit and market rates may be charged. Given that
parking rates are expected to increase during the next eight years and additional
parking spaces are planned as p art of the Deauville site underground storm water
project, there would need to be adjustments in the parking revenue loss calculation for
the 1550 lot that would be possible under the proposed formulas . Additional operating
and staff costs for City departm ents would be determined as part of the Venue Use
Agreement.
Closing the 1550 lot for the month of July and reducing capacity during the months
6 of 10
preceding the Games would be a major impact. Although traffic and circulation patterns
may be different in 2024 , a major initiative would be planning for alternative parking and
transportation options along with the communication plan for informing residents and
visitors of how best to access the Pier and beach area prior to and during the Games.
These options , whi ch might include shuttles from the south beach lots and use of
satellite parking lots close to Expo stations at the east end of the city, as well as
communication strategies, would b e considered during negotiation of the Venue Use
Agreement.
Public Outre ach
Staff worked with the LA 2024 Communications Team to schedule a number of
presentations to beach residents, several Boards and Commissions, and the Pier
lessees to solicit feedback on the proposal to hold beach volleyball on Santa Monica
State Beach as part of the 2024 Olympic Games. The following is a summary of these
community discussions.
Beach residents
All residents living north and south of the proposed site and businesses on Ocean
Avenue were sent postcard invitations to attend a presentation o n July 11, 2016. Only a
handful of residents attended the meeting and related their neighbors’ view that they did
not attend since this is so far off in the future. Those in attendance were very supportive
of the Games and thought the impacts would be mana geable for the nearby residents.
Planning Commission
LA 2024 made a presentation to the Planning Commission on July 13, 2016.
Commissioners were generally supportive and excited by the possibility of the Games in
2024. Comments included a reminder that the Pier is a local landmark so that any
temporary additions would need to be done sensitively as well as seeking assurance
that all traces of the Games would be removed. LA 2024 was asked if the location could
be moved further north or if south beach had been considered. Moving further north
would impact more residences and south beach would be too far from the Expo station,
which would be the primary transit mode for visitors. Commissioners also asked what
7 of 10
kind of permit process would be required and staf f noted that a Coastal Permit would be
necessary as well as State Department of Parks and Recreation review since the beach
is State owned.
Santa Monica Pier Corporation
There was a lively discussion at the Pier Board meeting on July 18, 2016. Many Board
members expressed concern about the impact the closure of the 1550 lot would have
on Pier businesses and asked LA 2024 if there was provision for helping tenants who
are negatively impacted or providing for a minimum guarantee for proven business loss.
Oth ers questioned whether crowd modelling would be done and if there is precedent for
making temporary improvements more permanent or if improvements could be made
earlier than the Games. Several Board members acknowledged the once in a
generation event and t he long -term visibility and exposure that the Games would bring
to the Pier. There was discussion of the need to better understand the economics of the
Pier businesses and to do advanced planning to help mitigate potential losses.
Recreation and Parks Com mission
The Recreation and Parks Commission was briefed on the plan at its meeting on July
21, 2016. Commissioners asked if the location could be moved further south and if
some of the improvements could be left behind. Commissioners voiced support for
hav ing a legacy of the Games remain , such as the practice courts along with a plaque.
Following a generally positive discussion, the Commission voted to unanimously
support Olympic beach volleyball on Santa Monica Beach with a recommendation that
some permane nt structures remain.
Santa Monica Pier Lessees Association
LA 2024 presented the proposed plan to the Santa Monica Pier Lessees Association
(SMPLA) on August 31, 2016. The lessees voiced serious concerns about the impact
eliminating public parking in the 1550 lot would have on their businesses and asked if
the venue could be moved further south and not take up the parking lot. The issue of
sufficient capacity on the Pier to handle the additional crowds coming to the beach
volleyball venue was also mention ed. Several suggestions to mitigate the impacts on
8 of 10
the Pier businesses include having the City ask for more money to give to the lessees in
the form of rent credit or business loss recovery, working with the Pier on cooperative
concession opportunities, an d providing City resources to expand capacity on the Pier
to accommodate more pedestrians .
State Department of Parks and Recreation
The State, acting through its Department of Parks and Recreation, is the fee owner of
Santa Monica State Beach (“the Beach”). The City is the exclusive operator of the
Beach in accordance with the Operating Agreement between the State and the City.
Because the Operating Agreement requires the State to consent to the use of the
Beach for other than use and enjoyment by the gene ral public, the City has obtained the
State’s consent to allow the use of the Beach for the 2024 Olympic beach volleyball
event.
Alternatives
The City Council could chose to not approve the v enue u se g uarantee letter and take
Santa Monica out of consider ation as the beach volleyball venue. During the public
outreach process, this question was raised by a number of people and LA 2024
responded that if Santa Monica passes, there are many other beach cities that would be
interested in hosting beach volleybal l.
Environmental Analysis
Conceptual approval for the Olympic Games is statutorily exempt from CEQA pursuant
to Section 15272 of the State CEQA Guidelines, which states that “CEQA does not
apply to activities or approvals necessary to the bidding for, ho sting or staffing of, and
funding or carrying out of Olympic Games under the authority of the International
Olympic Committee, except for the construction of facilities necessary for such Olympic
Games ”. If awarded the Olympic Games, the construction of th e temporary stadium on
the beach would be subject to further review to determine the level of environmental
clearance necessary .
9 of 10
Next Steps
The selection of the host city will be made by the IOC on September 13, 2017. If Los
Angeles is successful, the next step would be the negotiation of the Venue Use
Agreement, which would be brought to the City Council for approval. As part of the
negotiations, which would confirm the dates and rental terms, quantify the other costs
for the use of the beach and the 1 550 lot, and all other legal issues, the details of the
plan and its challenges would be addressed. A citywide review by departments and
other stakeholders would cover all aspects of the plan and consider the questions and
concerns that have been raised by the boards and commissions. This planning effort
would be similar to the process used to stage the successful LA Marathon over the past
six years.
At the time Council would review the Venue Use Agreement, staff would also bring any
changes to the Commun ity Events Ordinance that would be needed to permit the
Games on the beach, similar to the temporary changes that were approved for Glow. A
coastal permit would also be required and that would be the responsibility of OCOG to
secure.
Although there are ma ny complexities involved, staff has confidence that there would be
adequate time to develop solutions and craft a workable and sustainable plan. While the
impact of closing the 1550 lot for five weeks in the middle of summer and limiting its
public use for several months is very significant, the proposed location for the stadium
takes advantage of one of the widest sections of Santa Monica State Beach and is
situated on a portion of the beach that is rarely used by visitors. The close proximity to
the Expo line is another plus for the location.
Many improvements are planned for the area around the Pier and beach and are
expected to be completed well in advance of the 2024 Games. The replacement of the
Pier bridge is expected to be under construction by 2020 and would provide a much
more accessible pedestrian entry to the Pier. Improvements are slated for Ocean Front
Walk north of the Pier as well as the expansion of the beach bike trail around the 1550
lot, at the north end of the beach, and between the Pier and Bay Street, and are
10 of 10
expected to be completed in 2019. The Deauville site, which is currently an unsightly
storage area adjacent to the 1550 lot, will house underground storm water storage tanks
and be paved to provide additional parking for the Pier a nd the beach; the project is
anticipated to be open in 2017.
Financial Impacts and Budget Actions
There is no immediate financial impact or budget action necessary as a result of the
recommended action.
Prepared By: Judith Meister, Beach Administrato r
Approved
Forwarded to Council
Attachments:
A. Venue Use Guarantee Letter
B. Santa Monica Stage 2 Guarantee Letter
C. Santa Monica Side Letter
D. 2024 Olympics Proposed Plan
E. powerpoint
tel: 310 458 -8336 ● fax: 310 395 -6727
A
Rick Cole
City Manager
August ___, 2016
Los Angeles 2024 Exploratory Committee
10960 Wilshire Blvd, Suite 1050
Los Angeles, CA 90024
Attention: Casey Wasserman, Chairman
Re: Venue Use Guarantee - Los Angeles 2024 (G2.20 / Stage 2 Candidature
Questionnaire Olympic Games 2024)
Dear Casey :
The City of Santa Monica (the “Ve nue Owner”) fully endorses the Candidature of the
City of Los Angeles (the “City”) for the 2024 Olympic (the “Games”), and provides, herewith, to
Los Angeles 2024 Exploratory Committee (the “Candidature Committee”) this guarantee (the
“Guarantee”), as requ ested by the International Olympic Committee (the “IOC”). The Venue
Owner also agrees to abide by the terms of the Host City Contract (including the Olympic
Charter) as it may apply to this G uarantee (the “Guarantee”) and any other definitive
documentatio n relating to the Host City Contract or this Guarantee (including any Venue Use
Agreement (as defined below) as to which Candidature Committee and Venue Owner mutually
agree in writing).
We are honored to have the opportunity to host a Games event in our designated venue
(“Venue ”), as further depicted in the red bounded -areas identified on Appendix A (“Venue
Map”). The State of California (“State”), acting through its Department of Parks and Recreation,
is the owner of Santa Monica State Beach (“Beach”). I n accordance with an Operating
Agreement between the Venue Owner and State, Venue Owner is the managing operator of the
Beach through 2051. As managing operator of the Beach , vested with all powers of
representation required, Venue Owner’s governing body hereby guarantees the use of the Venue
for the purposes of the preparation for and conduct of the Games, including the relevant Test
Events consistent with the Minimum Terms of Guarantee (as defined below), and agrees to take
all measures and grant all con sents that are within the authority or control of the Venue Owner as
may be necessary to fulfil this Guarantee.
This Guarantee relates to the requirements of the IOC as specified in G 2.20 as set forth
in Stage 2 of the Candidature Questionnaire Olympic Games 2024.
MINIMUM TERMS OF GUARANTEE
Office of the City Attorney
City Hall
1685 Main Street
PO Box 2200
Santa Monica, California 90407 -2200
Attachment A
Casey Wasserman, Chairman
Los Angeles 2024 Exploratory Committee
August ___, 2016
Page 2
This Guarantee is provided by the Venue Owner under the following terms (the
“Minimum Terms of Guarantee”), which shall form the essential basis of and be subject in all
respects to the final terms and conditions of the definitive agreement that will be entered into
between the Venue Owner and the Los Angeles Organizing Committee for the Games (the
“OCOG”) (and other third parties, as necessary) furt her detailing the conditions of use of the
Venue for the Games (the “Venue Use Agreement ”) once the City of Los Angeles is designated
as the Host City. In this Guarantee:
i) The Venue Use Agreement shall, at a minimum, include the following terms:
a) EXCLUSIVE USE PERIOD means the periods identified in Appendix B as
well as other period(s) for the holding of test events (“Test Events ”).
b) NON -EXCLUSIVE USE PERIOD means the period from April 1, 2024 to June
1, 2024 for implementing a phased move -in t o the Venue; provided, however,
such non -exclusive access shall not materially disrupt or otherwise interfere
with the normal and customary use of the Venue as further defined under the
terms of the Venue Use Agreement .
ii) This Guarantee includes the exclusive use of the Venue for the Games for the
EXCLUSIVE USE PERIOD, in consideration for such payments, reimbursements
and/or offsets as further described in Appendix C.
iii) The consideration described in Appendix C is inclusive of :
a) the gener al provision of the normal and customary level of municipal services
(e.g., cleaning, maintenance, police, fire, transportation, public works, and
building and safety) appropriated in the Venue Owner’s Budget, at the time of
the Games,
b) a non -exclusiv e , irrevocable and unlimited license to the OCOG and the IOC to
be provided in the Venue Use Agreement , including a right to sub -license, to
use the name, image, branding and/or designs (including any material derived
therefrom) of the Venue for commercial and non -commercial purposes in any
and all current and/or future media directly connected with the Games, free
from any third party rights and/or any further charges.
iv) Event -related o perational costs of the Venue , which shall include, but not be limited
to, utility expenses (electricity, water, etc.), construction costs associated with any
Venue improvements, event insurance, security, and any municipal services (e.g.,
cleaning , maintenance, police, fire, transporta tion, public works, and building and
safety) above and beyond the general provision of the normal and customary level
of municipal services appropriated in the Venue Owner’s Budget during the use
Casey Wasserman, Chairman
Los Angeles 2024 Exploratory Committee
August ___, 2016
Page 3
periods contemplated herein, are not included in the conside ration and will be
payable separately by the OCOG under the terms of the Venue Use Agreement .
v) This Guarantee further includes the non -exclusive access to the Venue, at no cost
for the OCOG, during the NON -EXCLUSIVE USE PERIOD .
vi) The Venue Owner’s governing body agrees that it will take the following actions :
a) facilitate site and infrastructure visits during the period commencing upon the
election of the Host City through the conclusion of the Games, for the IOC, IPC,
International Federations and the host broadcaster of the Games “Olympic
Broadcasting Service (OBS)” (and/or their duly authorized partners, consultants
and contractors) to check the readiness of any sites and infrastructure;
b) facilitate the access of OCOG staff and other rep resentatives, and other Games
delegations (including Athletes and National Olympic Committees
representatives) to the Venue for specific period(s) of training and venue
familiarization; and
c) grant all rights and take all actions as required to ensure that the terms of the
“Clean Venue Appendix” attached as Appendix D is fully respected during the
EXCLUSIVE USE PERIOD.
vii) The Venue will be handed over to the OCOG in a clean and operational condition
(including any currently planned upgrades as determ ined at the time of issuing this
Guarantee and which are described in Appendix E to this Guarantee) and the terms
or effect of this Guarantee will not be affected by any upgrading or reconstruction
projects.
viii) The Venue Owner 's governing body shall n ot circumvent Appendix D by
contracting with other persons or entities (such as concessionaires, contracto rs,
sports leagues, clubs etc.) and the Venue Owner agrees to take all reasonable steps
to ensure any such third parties comply with the terms of the Venue Use
Agreement .
ix) The Venue Owner 's governing body guarantees that, should the ownership of the
Venue change prior to the conclusion of the Exclusive Use Period, all terms of this
G uarantee will be transferred to , assumed by and fully binding upon the future
owner(s)/operator (s ).
x ) The Venue Owner’s governing body further agrees the following:
Casey Wasserman, Chairman
Los Angeles 2024 Exploratory Committee
August ___, 2016
Page 4
a) T his letter shall constitute a binding and legally enforceable commitment for the
benefit of the Candidature Committee and the O COG to the Minimum Terms of
the Guarantee subject in all respects to the final terms and conditions of the
Venue Use Agreement .
b) The entry into force of this Guarantee is conditioned upon the election of the
City as Host City for the Games. In case the City is not elected, all terms
contained herein shall become automatically null and void and the Venue
Owner shall be released from all its obligations hereunder and the Candidature
Committee shall not be liable for any compensation to the Venue Owner.
c) The Venue Owner acknowledges that the OCOG will be formed after the
election of the City as Host city of the Games and that all rights of the
Candidature Committee and all obligations of the Venue Owner pursuant to this
Guarantee shall be automatically transferred to the benefit of the OCOG without
any modification upon the formation of the OCOG.
Sincerely,
RICK COLE
City Manager
RC/bcm
Enclosures
tel: 310 458 -8336 ● fax: 310 395 -6727
APPENDIX A
Venue Map (including the approximate physical borders of the
property or the spaces required for the extent of this agreement)
[behind this page]
APPENDIX B
E xclusive Use Period
April and May 2024: 400 spaces in 1550 lot would be occupied
June 2024: 800 spaces in 1550 lot would be occupied as well as 475,000 square feet of
beach area
July 1, 2024 - August 4, 2024: entire 1550 lot (1175 spaces except for controlled areas)
and 475,000 square feet of beach area fenced off
August 5, 2024 - August 18, 2024: tear down; 800 parking spaces occupied in 1550 lot
and beach area
APPENDIX C
Rental Fee Calculation
1550 Beach Parking Lot
a) Site rental
o Set up and take down period April 1 -June 30, 2024 and August 5 -18, 2024:
Total square feet of parking lot occupied x1.08 psf (adjusted for CPI -U
inflation)
o July 1 -August 4, 2024: Total squa re footage of entire lot minus area for
resident parking x $1.37 psf (adjusted for CPI -U inflation)
b) Parking Revenue Loss
o average parking revenue per space per month (APS) x number of spaces
occupied x duration of month occupied
o APS is based on ave rage revenue per month for the prior 3 years of actual
revenue for the months that the lot will be occupied
Beach Area: estimated 475,000 square feet of beach occupied x $5.50 psf per year
(adjusted for CPI -U inflation) x percentage of year occupied
The consideration described in this Appendix C is inclusive of all taxes and fees and will be
adjusted solely for inflation according to the Consumer Price Index for all Urban Consumers
(CPI -U) for the Los Angeles -Orange -Riverside County area, published by the U.S. Bureau of
Labor Statistics, for the period between December 2016 and December 2023 . For clarification
purposes, only, an example of the rental fee calculation (based upon 2016 dollars) is additionally
set forth below .
Sample Rental Fee Calcu lation Based on 2016 Rates
Area Month
total square
feet rent psf (2016)total rent/month # months total rental
1550 lot*April 129,166 1.08 $ 139,499 $ 1.00 139,499 $
May 129,166 1.08 139,499 $ 1.00 139,499 $
June 299,667 1.08 323,640 $ 1.00 323,640 $
July - Aug. 4 375,768 1.37 514,802 $ 1.13 581,228 $
August 4 - 18 299,667 1.08 323,640 $ 0.45 146,160 $
Total Parking Rental 1,330,027 $
Beach**June 475,765 $5.50 per year 218,059 $ 1.00 218,059 $
July 475,765 $5.50 per year 218,059 $ 1.00 218,059 $
August 475,765 $5.50 per year 218,059 $ 0.58 126,615 $
Total Beach Rental 562,733 $
Total Rent 1,892,760 $
* 1550 lot rent based on 1550 Beach Parking Lot Cultural/Entertainment Policy: $1.37 for timed events/$1.08 for untimed events
** beach rental based on 2012 appraisal for beach recreation use
Months
Average
Parking
Revenue per
month avg rev per space
# spaces
occupied
revenue
loss per
month
percentage
of month
occupied parking loss
April 528,563.00 $ 449.84 $ 400 179,936 $ 1 $ 179,936 $
May 605,691.00 $ 515.48 $ 400 206,193 $ 1 $ 206,193 $
June 724,751.00 $ 616.81 $ 800 493,447 $ 1 $ 493,447 $
July 867,007.00 $ 737.88 $ 1175 867,007 $ 1 $ 867,007 $
August 841,001.00 $ 715.75 $ 1175 841,001 $ 0 $ 108,516 $
August 841,001.00 $ 715.75 $ 800 572,596 $ 0 $ 258,592 $
Total 1,825,239 $
Site Rental
Parking Loss
Total
Rental Fee
1,825,239.10 $
1,892,760.12 $
3,717,999.23 $
Site Square Footage Calculation
Parking Loss Calculation
Proposed Duration: April 1 - August 19, 2024
Rental Calculation Summary
APPENDIX D
Clean Venue Appendix
As part of the guarantees submitted to the IOC granting the OCOG the right to use the Venue in
the period leading up to and during the Games, the Candidature Committee must ensure that for
each proposed Venue, the following terms and conditions are agreed to by the Venue Owner.
1. Signage
The Venue Owner grants the OCOG the right to have within the boundaries of the Venue
and subject to applicable laws :
Exclusive use of all indoor and outdoor signage at the Venue under the control of the
Venue Owner
Exclusive control of all Venue naming rights and signage (including but not limited
to the right to re -brand or cover existing signage). The undersigned furt her undertakes
to comply with the IOC’s requirements related to naming rights (including rules
related to the treatment of non -commercial names, names of individuals, and
commercial or corporate names) for the Venue used in the Games of the Olympiad
from t he date of election of the Host City to the conclusion of the Paralympic Games.
However, nothing herein shall be deemed to apply to any naming rights and signage
related to Santa Monica State Beach, Santa Monica Pier, or any other facilities owned
or oper ated by Venue Owner in the vicinity of the Venue, independently of the
Games.
2. Retailing and C oncessions
Venue Owner grants the OCOG the right to:
Be the sole and exclusive manager and operator of merchandise retail outlets and
food/beverage concess ions within the boundaries of the Venue .
Sell Olympic and Paralympic merchandise at retail outlets and food/beverage
concessions services, facilities and outlets within the boundaries of the Venue
Access all merchandise retail outlets as well as food and beverage products in the
Venue
Use staff of its choice and dress such staff in uniforms of its choice to operate the
merchandise retail outlets and food/beverage concessions within the boundaries of the
Venue
3. Ticketing and H ospitality
The Venue Owner grants the OCOG the exclusive right to:
Manage and sell tickets and hospitality in relation to the Games for the Venue
Manage and sell suites and specialty seats in relation to the Games for the Venue
Throughout the term of the lease agreement, the Venue Owner shall not subject the
OCOG to any taxes or parking charges that do not apply generally within the entire
jurisdiction of the Venue Owner .
4. Broadcasting and Sponsorship
Throughout the term of t he lease agreement, the Venue Owner agrees that the IOC and/or
the OCOG has the exclusive right to sell broadcast, sponsorship or any other multimedia
rights in relation to the Games being held at the Venue.
5. Exclusive U se of Olympic Marketing Partners’ P roducts
The Venue Owner agrees that the OCOG shall have the right to exclusively use products
and services of Games marketing partners at the Venue (and re -brand existing products
and services, to the extent necessary to respect the exclusive rights gra nted to Olympic
and Paralympic sponsors), including but not limited to the following product categories:
Payment systems (including but not limited to credit card acceptance, automated
teller machines (ATMs) and telephone payment systems) in relation to a ll sales
occurring at the Venue related to the Games
Non -alcoholic and alcoholic beverages
Audio -visual equipment including but not limited to video boards and speakers
Timing, scoring and on -venue results equipment including but not limited to
scoreboa rds
6. No U se of Olympic marks
The Venue Owner agrees that, at no time, shall it have the right to use any Olympic or
Paralympic marks, symbols, terminology or derivatives thereof.
7. Brand Protection and Anti -Ambush A ssistance
Throughout the term of the lease agreement, the Venue Owner agrees to assist the OCOG
to combat attempts of ambush marketing by advertisers at the Venue who are not
Olympic or Paralympic sponsors , including advertisements for use at the Venue that may,
implicitly, misrepresent o r impliedly suggest sponsorship of the Games.
APPENDIX E
Currently Planned Upgrades
Clean Beaches Project Grant at the Deauville Site
The City of Santa Monica has received a Clean Beaches Initiative
Grant that will capture all wet weather runoff from the 90 acre Pier
Drainage Area. Two 2 sub -grades modular storage tanks will be
installed in the Deauville site, adjacent to the 1550 parkin g lot. Once
the tanks are installed, the area will be paved and landscaped for
approximately 100 additional parking spaces. The spaces will
become part of the 1550 lot.
tel: 310 458 -8336 ● fax: 310 395 -6727
A att
Tony Vazquez
Mayor
September ___, 2016
Thomas Bach
President
International Olympic Committee
Château de Vidy
1007 Lausanne
Switzerland
Re: Candidature Questionnaire Olympic Games 2024
Stage 2 (G2.2, 2.3, 2.11, 2.13, 2.25, 2.31 and 2.32)
Dear Mr. President :
This letter is in connection with the Candidature File for the City of Los Angeles, in
response to Section 2.4 of the Candidature Questionnaire Olympic Games 2024 (G2.2, 2.3, 2.11,
2.13, 2.25, 2.31 and 2.32). The City of Santa Monica (the “Venue City”) is honored to participate
as a venue city in connection with Los Angeles’ candidature for the 2024 Olympic Games (the
“Games”).
I offer my enthusiastic support on behalf of the City of Santa Monica for Los Angeles’
candidature to host the Games, and am thrilled that Los Angeles is working with the City of
Santa Mo nica to host Games events at the designated venue location in Santa Monica that was
authorized by the Venue City’s governing body.
The diversity of our region and people makes Los Angeles, and surrounding venue cities
such as Santa Monica, a spectacular location to host the world, and Santa Monica stands ready to
partner with the City of Los Angeles in this endeavor.
I hereby confir m, on behalf of the City of Santa Monica, as follows:
With respect to Guarantee 2.2 of the IOC Questionnaire:
The Venue City’s governing body hereby confirms and undertakes, to the maximum extent of
its authority, that no major public or private event, c onference, or other meeting which could
have an impact on the successful planning, organizing, financing and staging of the Games or
their public and media exposure, will take place within the Venue City itself, or its
neighborhoods, during the Games or du ring the preceding or following week, without the prior
written approval of the IOC.
Office of the City Attorney
City Hall
1685 Main Street
PO Box 2200
Santa Monica, California 90407 -2200
Atta chment B
Thomas Bach , President . International Olympic Committee
September ___, 2016
Page 2
With respect to Guarantee 2.3 of the IOC Questionnaire:
The United States Olympic Committee and City of Los Angeles, in letters provided in
support of Guarantee 2.3, have comprehensively described the existing federal, state, and
Host City legislation in place to protect the integrity of the Games experience for all
Olympic stakeholders, including laws that will protect the IOC’s rights and interests in
relation to the Games.
The Venue City confirms that appropriate legislation is in place in the Venue City to control
unauthorized street trading within the vicinity of Games venues. Specifically, Santa
Monica Municipal Code 6.36.100 prohibits vending on beaches or in p ublic parks and
Municipal Code 6.36.040 prohibits all other forms of vending without possession of a city -
issued permit.
To the extent additional efforts or measures are required within its jurisdiction, the Venue
City shall work with the Organizing Commi ttee for the 2024 Olympic and Paralympic
Games to ensure protection of the IOC’s rights and interests in relation to the Games.
With respect to Guarantee 2.11 of the IOC Questionnaire:
The Venue City ’s governing body guarantees that it shall provide within the territorial
limits of the Venue City, at the Venue City’s cost and expense within its appropriated
budget , the normal and customary level and range of public services provided within the
Venue City at large at the time of the Games . These includ e:
i. police
ii. fire
iii. transportation
iv. public works; and
v. building and safety.
With respect to Guarantee 2.13 of the IOC Questionnaire:
The Venue City ’s governing body agrees that in cooperation with the City of Los Angeles ,
the Los Angeles 2024 Exploratory Commit tee, the OCOG and local, regional and national
business, trade and service organizations, it will promote and encourage, to the extent
permitted by law, the charging of ordinary and customary prices for goods and services
associated with the 2024 Games wit hin its territorial limits (including, but not limited to,
hotel rates, restaurants and related services) for anyone attending the 2024 Games,
including non -accredited spectators. Under California Business and Professions Code
Section 17200, the Venue City has broad authority to protect spectators and participants
from unfair business practices that occur during the Games.
With respect to Guarantee 2.25 of the IOC Questionnaire:
Thomas Bach , President . International Olympic Committee
September ___, 2016
Page 3
The Venue City will require , to the maximum extent of its governing body ’s authority, that , in
addition to applicable federal and state laws, all venue construction and infrastructure
development projects necessary for the organization of the 2024 Games within its territorial
limits will comply with local and state planning, con struction, environmental , health and
safety, labor, and anti -corruption laws. These include:
T he Building Regulati ons Article of the Municipal Code – Building Code Chapter (Article
8, Chapter 8.12) (containing building and construction codes);
The Planning and Zoning Article of the Municipal Code –Land Use and Zoning Related
Provisions Division (Article 9, Division 6) (containing planning laws);
The Sustainability Rights Chapter of the Public Welf are, Morals and Policy Article of the
Municipal Code (Article 4, Chapter 4.75) (containing environmental regulations);
The Sanitation and Heath Article of the Municipal Code. (Article 5, Chapters 5.24, 5.28,
5.32) (contain ing air and water regulations);
The Public Welfare, Morals and Polic y Article of th e Municipal Code (Article 4, Chapters
4.6 2 - 4.66) (containing labor regulations);
The Discrimination Chapter of the Public Welfare, Morals and Policy Article of the
Municipal Code (Article 4, Chapter 4.48) (containing anti -discrimination protections); a nd
The City of Santa Monica Code of Ethics, and City Charter section XXII (containing anti -
corruption protections).
With respect to Guarantee 2.31 of the IOC Questionnaire:
The Venue City ’s governing body agrees that the normal and customary operation s of the
Venue City ’s transport and traffic command and control operations will be made available
to support and will be integrated within the overall Games transport and traffic solution.
With respect to Guarantee 2.32 of the IOC Questionnaire:
Consistent with the U.S. Department of Homeland Security’s commitment to designate the
2024 Games a National Special Security Event, the Venue City ’s governing body agrees
to work cooperatively with the International Olympic Committee, the U.S. Department of
Homeland Security, and the OCOG to ensure a safe and peaceful celebration of the 2024
Olympic and Paralympic Games.
The City of Santa Monica looks forward to continuing to work with the City of Los Angeles
towards our shared objective of Los Angeles be ing selected to host the Games. Bringing the Games
Thomas Bach , President . International Olympic Committee
September ___, 2016
Page 4
back to Southern California is a great opportunity for us to showcase our diverse and vibrant region
to the world, and we stand ready to partner with the City of Los Angeles in this endeavor.
Sincerely,
City of Santa Monica
a California municipal corporation
By: ___________________________
TONY VAZQUEZ
Mayor, City of Santa Monica
Attachment C
[LA24 Letterhead]
1685 Main Street
PO Box 2200
Santa Monica, CA 90407 -2200
Attention: Rick Cole, City Manager
Re: Venue Use Definitive Documentation
Dear Mr. Cole:
Reference is made to your letter dated [__________], Re : Venue Use Guarantee – Los Angeles 2024 (G2.20
and G2.21 / Stage 2 Candidature Questionnaire Olympic Games 2024) (“Guarantee Letter”). Capitalized
terms used herein without definition have the meaning ascribed to them in the Guarantee Letter.
We are excited to include your Venue in our plan for the Games , and acknowledge receipt of the
Guarantee Letter , which we will submit to the IOC as part of our Stage 2 deliverable . As you know, the
IOC proscribed template reflects only certain Minimum Terms of Guarantee that they require to be agreed
to in the candi dature phase in the Guarantee , whereas a venue owner and the Candidate Committee may
desire to agree to additional terms and conditions with respect to the use of any venue . This letter
confirms our agreement to use good faith efforts to negotiate a Venue Use Agreement with the Venue
Owner, on mutually agreeable terms, which will govern the terms of use of the Venue for the Games.
Furthermore, it is agreed that any Venue Use Agreement shall contain the following provisions (in addition
to the Minimum Term s of Guarantee): (i) identification of the specific terms of the Host City Contract and
Olympic Charter which apply to the Venue and (ii ) customary representations and warranties,
indemnities, covenants, insurance requirements, compliance with laws and oth er typical provisions that
are consistent with the Candidature Committee ’s other venue use agreements .
If, despite our mutual good faith efforts, we are unable to agree upon and execute a mutually acceptable
Venue Use Agreement prior to December 31, 2018 , we undertake to notify the IOC immediately that the
Venue is withdrawn from our plan for the Games and we will seek an alternate location to hold any
contemplated events that would have otherwise been held in the Venue. Upon such notification, the
Guara ntee Letter shall be deemed terminated, and neither the Venue Owner nor the Candidature
Committee or OCOG shall have any further obligations thereunder.
Sincerely,
Casey Wasserman
Attachment C: Proposed Plan for 2024 Olympic s Beach Volleyball at Santa Monica State Beach
Be
a
c
h
V
o
l
l
e
y
b
a
l
l
20
2
4
O
l
y
m
p
i
c
s
Ve
n
u
e
G
u
a
r
a
n
t
e
e
L
e
t
t
e
r
s
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
•
Lo
s
A
n
g
e
l
e
s
i
s
o
n
e
o
f
4
c
i
t
i
e
s
b
i
d
d
i
n
g
:
P
a
r
i
s
,
R
o
m
e
a
n
d
Bu
d
a
p
e
s
t
•
Tw
o
y
e
a
r
b
i
d
p
r
o
c
e
s
s
•
IO
C
a
n
n
o
u
n
c
e
s
H
o
s
t
C
i
t
y
i
n
S
e
p
t
e
m
b
e
r
2
0
1
7
•
Ve
n
u
e
G
u
a
r
a
n
t
e
e
L
e
t
t
e
r
s
d
u
e
t
o
I
O
C
i
n
O
c
t
o
b
e
r
2
0
1
6
LA
2
0
2
4
B
i
d
P
r
o
c
e
s
s
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
•
Mi
n
i
m
u
m
T
e
r
m
s
•
Da
t
e
s
o
f
e
x
c
l
u
s
i
v
e
u
s
e
•
Re
n
t
a
l
f
e
e
•
Mu
n
i
c
i
p
a
l
S
e
r
v
i
c
e
s
•
Me
r
c
h
a
n
d
i
s
i
n
g
•
Br
o
a
d
c
a
s
t
i
n
g
R
i
g
h
t
s
•
Ex
c
l
u
s
i
v
e
C
o
n
c
e
s
s
i
o
n
R
i
g
h
t
s
Ve
n
u
e
G
u
a
r
a
n
t
e
e
L
e
t
t
e
r
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
Ci
t
y
w
o
u
l
d
:
•
No
t
s
t
a
g
e
m
a
j
o
r
e
v
e
n
t
s
d
u
r
i
n
g
t
h
e
G
a
m
e
s
•
Ta
k
e
r
e
a
s
o
n
a
b
l
e
m
e
a
s
u
r
e
s
t
o
p
r
o
t
e
c
t
m
a
r
k
e
t
i
n
g
r
i
g
h
t
s
•
Pr
o
v
i
d
e
n
o
r
m
a
l
b
a
s
e
l
e
v
e
l
o
f
s
e
r
v
i
c
e
s
•
Re
q
u
i
r
e
t
h
a
t
a
l
l
c
o
n
s
t
r
u
c
t
i
on
c
o
m
p
l
y
w
i
t
h
l
o
c
a
l
l
a
w
s
•
Ma
k
e
o
p
e
r
a
t
i
o
n
s
o
f
T
r
a
n
s
p
o
r
t
a
t
i
o
n
M
a
n
a
g
e
m
e
n
t
C
e
n
t
e
r
av
a
i
l
a
b
l
e
t
o
s
u
p
p
o
r
t
G
a
m
e
s
t
r
a
n
s
p
o
r
t
a
n
d
t
r
a
f
f
i
c
s
o
l
u
t
i
o
n
s
•
Wo
r
k
c
o
o
p
e
r
a
t
i
v
e
l
y
w
i
t
h
D
e
p
a
r
t
m
e
n
t
o
f
H
o
m
e
l
a
n
d
S
e
c
u
r
i
t
y
St
a
g
e
2
L
e
t
t
e
r
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
•
Mi
t
i
g
a
t
e
C
o
u
n
c
i
l
c
o
n
c
e
r
n
s
•
If
m
u
t
u
a
l
a
g
r
e
e
m
e
n
t
o
n
t
h
e
V
e
n
u
e
U
s
e
A
g
r
e
e
m
e
n
t
i
s
n
o
t
re
a
c
h
e
d
,
t
h
e
V
e
n
u
e
U
s
e
G
u
a
r
a
n
t
e
e
w
o
u
l
d
b
e
n
u
l
l
a
n
d
vo
i
d
•
Co
m
p
l
e
t
e
V
e
n
u
e
U
s
e
A
g
r
e
e
m
e
n
t
b
y
D
e
c
e
m
b
e
r
3
1
,
2
0
1
8
LA
2
0
2
4
S
i
d
e
L
e
t
t
e
r
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
Be
a
c
h
V
o
l
l
e
y
b
a
l
l
P
r
o
p
o
s
a
l
•
Ga
m
e
s
w
i
l
l
b
e
h
e
l
d
f
r
o
m
Ju
l
y
1
9
,
2
0
2
4
t
h
r
o
u
g
h
Au
g
u
s
t
4
,
2
0
2
4
•
12
,
0
0
0
s
e
a
t
t
e
m
p
o
r
a
r
y
st
a
d
i
u
m
o
n
t
h
e
s
a
n
d
be
t
w
e
e
n
l
i
f
e
g
u
a
r
d
t
o
w
e
r
s
14
a
n
d
1
5
•
Ce
n
t
e
r
c
o
m
p
e
t
i
t
i
o
n
c
o
u
r
t
an
d
a
d
d
i
t
i
o
n
a
l
p
r
a
c
t
i
c
e
co
u
r
t
s
o
n
t
h
e
s
a
n
d
•
En
t
r
y
o
n
b
e
a
c
h
l
e
v
e
l
f
r
o
m
th
e
P
i
e
r
•
Te
m
p
o
r
a
r
y
b
i
k
e
p
a
t
h
re
l
o
c
a
t
i
o
n
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
•
En
t
i
r
e
1
5
5
0
l
o
t
w
o
u
l
d
b
e
us
e
d
f
o
r
o
p
e
r
a
t
i
o
n
s
a
n
d
br
o
a
d
c
a
s
t
i
n
g
•
En
t
i
r
e
s
i
t
e
w
o
u
l
d
b
e
en
c
l
o
s
e
d
b
y
1
0
’
s
e
c
u
r
i
t
y
fe
n
c
e
•
Po
r
t
i
o
n
o
f
t
h
e
1
5
5
0
l
o
t
wo
u
l
d
r
e
m
a
i
n
o
p
e
n
a
n
d
co
n
t
r
o
l
l
e
d
f
o
r
P
i
e
r
de
l
i
v
e
r
i
e
s
•
No
r
t
h
e
a
s
t
c
o
r
n
e
r
o
f
l
o
t
wo
u
l
d
r
e
m
a
i
n
o
p
e
n
a
n
d
co
n
t
r
o
l
l
e
d
f
o
r
r
e
s
i
d
e
n
t
s
•
No
o
n
s
i
t
e
p
a
r
k
i
n
g
f
o
r
Ol
y
m
p
i
c
t
i
c
k
e
t
h
o
l
d
e
r
s
a
t
al
l
v
e
n
u
e
s
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
Pr
e
l
i
m
i
n
a
r
y
Co
n
s
t
r
u
c
t
i
o
n
P
l
a
n
an
d
T
i
m
i
n
g
Ap
r
i
l
a
n
d
M
a
y
2
0
2
4
:
4
0
0
sp
a
c
e
s
i
n
1
5
5
0
l
o
t
Ju
n
e
2
0
2
4
:
8
0
0
s
p
a
c
e
s
i
n
15
5
0
l
o
t
a
n
d
b
e
a
c
h
a
r
e
a
Ju
l
y
1
,
2
0
2
4
-
A
u
g
u
s
t
4
,
20
2
4
:
E
n
t
i
r
e
1
5
5
0
l
o
t
a
n
d
en
t
i
r
e
b
e
a
c
h
a
r
e
a
f
e
n
c
e
d
o
f
f
Au
g
u
s
t
5
,
2
0
2
4
-
A
u
g
u
s
t
18
,
2
0
2
4
:
8
0
0
s
p
a
c
e
s
i
n
1
5
5
0
lo
t
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
Si
t
e
Re
n
t
a
l
15
5
0
l
o
t
1
,
3
3
0
,
0
2
7
.
0
0
$
Be
a
c
h
5
6
2
,
7
3
3
.
0
0
$
To
t
a
l
Si
t
e
Re
n
t
a
l
1
,
8
9
2
,
7
6
0
.
0
0
$
Po
t
e
n
t
i
a
l
Pa
r
k
i
n
g
Re
v
e
n
u
e
Lo
s
s
1
,
8
2
5
,
2
3
9
.
0
0
$
To
t
a
l
3
,
7
1
7
,
9
9
9
.
0
0
$
Re
n
t
a
l
Ca
l
c
u
l
a
t
i
o
n
S
u
m
m
a
r
y
Pr
e
l
i
m
i
n
a
r
y
R
e
n
t
a
l
C
a
l
c
u
l
a
t
i
o
n
(2
0
1
6
d
o
l
l
a
r
s
)
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
•
Ju
l
y
1
1
,
2
0
1
6
:
B
e
a
c
h
N
e
i
g
h
b
o
r
s
•
Ju
l
y
1
3
,
2
0
1
6
:
P
l
a
n
n
i
n
g
C
o
m
m
i
s
s
i
o
n
•
Ju
l
y
1
8
,
2
0
1
6
:
S
a
n
t
a
M
o
n
i
c
a
P
i
e
r
C
o
r
p
o
r
a
t
i
o
n
•
Ju
l
y
2
1
,
2
0
1
6
:
R
e
c
r
e
a
t
i
o
n
a
n
d
P
a
r
k
s
C
o
m
m
i
s
s
i
o
n
•
Au
g
u
s
t
3
1
,
2
0
1
6
:
S
a
n
t
a
M
o
n
i
c
a
P
i
e
r
L
e
s
s
e
e
s
A
s
s
o
c
i
a
t
i
o
n
Pu
b
l
i
c
O
u
t
r
e
a
c
h
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6
Ne
x
t
S
t
e
p
s
•
Ne
g
o
t
i
a
t
e
V
e
n
u
e
U
s
e
Ag
r
e
e
m
e
n
t
•
Re
v
i
e
w
p
l
a
n
&
c
h
a
l
l
e
n
g
e
s
wi
t
h
a
l
l
s
t
a
k
e
h
o
l
d
e
r
s
•
Tr
a
n
s
p
o
r
t
a
t
i
o
n
&
Co
m
m
u
n
i
c
a
t
i
o
n
s
p
l
a
n
s
fo
r
p
a
r
k
i
n
g
/
a
c
c
e
s
s
•
Ch
a
n
g
e
s
t
o
C
o
m
m
u
n
i
t
y
Ev
e
n
t
s
O
r
d
i
n
a
n
c
e
•
Co
a
s
t
a
l
P
e
r
m
i
t
•
St
a
t
e
P
a
r
k
s
A
p
p
r
o
v
a
l
Ci
t
y
Co
u
n
c
i
l
Me
e
t
i
n
g
/
S
e
p
t
e
m
b
e
r
13
,
20
1
6