Second Amendment to Schedule of Leased Property Fire Station No. 7
Statement of Issue
The City Council is asked to approve and authorize the Mayor and City Clerk to execute the Second Amendment with Los Angeles SMSA to the Schedule of Leased Property for Fire Station No. 7.
Background
1998 Master Communication Site Lease Agreement executed between the City of Huntington Beach and Los Angeles SMSA. Schedule of Leased Property executed for Warner Fire Station tower site. 1998 License Agreement for City installation of emergency siren on tower executed. 2007 Use Authorization and Consent Agreement executed. Recognized California Tower as sub-lessee and site manager for Los Angeles SMSA. 2014 First Amendment to Schedule of Leased Property
executed. Allowed for installation of on-site generator.
Facts
Current agreement will expire in 2028
Current rent is below market rates
Second Amendment will:
Extend lease term
Modernize rent rate
Not limit City’s ownership rights in any way
Questions?