Accept a Completion
Bond for Building
Improvements
21 & 22 Main Street,
Huntington Beach Pier
Overview
• Completion bond required
under the executed sublease
between the City and Surf City
Partners, LLC (Lessee) prior to
permit issuance
• Lessee’s improvements
include a new restaurant,
restroom renovation, a bait-
and-tackle shop, and storage
area at 21 & 22 Main Street on
the Pier
Bond Purpose & City Protection
• $1.3 million completion
bond (100% of estimated
construction costs)
• Guarantees completion of
required improvements
• Protects the City at no
fiscal impact
• Reviewed and approved by
the City Attorney
Project Status & Recommendation
• Construction anticipated to begin
later this month
• Public access to the Pier will be
maintained
• Lessee must obtain all required
permits and comply with the CDP
• Council approval of the
completion bond is required prior
to permit issuance
• Staff recommends accepting the
completion bond and authorizing
the City Engineer to administer it
Thank you
Questions?