Monarch Bay
July 2025 - June 2026 Fiscal Year
AGC Management Incentive fees
Course EBITDA (July 2025-June 2026) $1,624,725.77
Fiscal Incentive accrual $218,681.44
Total NOI Exclusions $218,681.44
Adjusted NOI $1,843,407.21
Baseline $750,000.00
NOI over Baseline $1,093,407.21
Incentive Fee % 20%
Total Incentive Earned $218,681.44
B - Monarch Bay FY 2026 Incentive Statement
San Leandro City Council
October 19, 2026
- Document
- B - Monarch Bay FY 2026 Incentive Statement
- Meeting
- October 19, 2026
- Body
- San Leandro City Council
- Original file
- 220 KB
Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.