Santa Monica October 10, 2023 agenda-report Conference with Real Estate Negotiator pursuant to Government Code §54956.8: Properties: 1) 2772-2800 Donald Douglas Loop North, Santa Monica, California, office space (~70,500 sq. ft.), Hangars 18-21 and 27-30 (~8,900 sq. ft.); 2) 3000 31st Street, Santa Monica, California, office space (~10,500 sq. ft.) and hangar space (~30,000 sq. ft); City Negotiator: Stelios Makrides, Chief Operations Officer/Airport Director; owner of record: City of Santa Monica; persons to be negotiated with: Snap Inc.; under negotiation: commercial lease terms New Item Received. 8/6/2026

agenda-report Conference with Real Estate Negotiator pursuant to Government Code §54956.8: Properties: 1) 2772-2800 Donald Douglas Loop North, Santa Monica, California, office space (~70,500 sq. ft.), Hangars 18-21 and 27-30 (~8,900 sq. ft.); 2) 3000 31st Street, Santa Monica, California, office space (~10,500 sq. ft.) and hangar space (~30,000 sq. ft); City Negotiator: Stelios Makrides, Chief Operations Officer/Airport Director; owner of record: City of Santa Monica; persons to be negotiated with: Snap Inc.; under negotiation: commercial lease terms New Item Received. 8/6/2026

Santa Monica City Council
October 10, 2023

Document: agenda-report Conference with Real Estate Negotiator pursuant to Government Code §54956.8: Properties: 1) 2772-2800 Donald Douglas Loop North, Santa Monica, California, office space (~70,500 sq. ft.), Hangars 18-21 and 27-30 (~8,900 sq. ft.); 2) 3000 31st Street, Santa Monica, California, office space (~10,500 sq. ft.) and hangar space (~30,000 sq. ft); City Negotiator: Stelios Makrides, Chief Operations Officer/Airport Director; owner of record: City of Santa Monica; persons to be negotiated with: Snap Inc.; under negotiation: commercial lease terms New Item Received. 8/6/2026
Meeting: October 10, 2023
Body: Santa Monica City Council
Original file: 72 KB

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City Council
Report
City Council Meeting: October 10, 2023
Agenda Item: 4.A
1 of 1
To: Mayor and City Council
From: Douglas Sloan, City Attorney, City Attorney's Office Subject: Conference with Real Estate Negotiator pursuant to Government Code §54956.8: Properties: 1) 2772-2800 Donald Douglas Loop North, Santa Monica, California, office space (~70,500 sq. ft.), Hangars 18-21 and 27-30 (~8,900 sq. ft.); 2) 3000 31st Street, Santa Monica, California, office space (~10,500 sq. ft.) and hangar space (~30,000 sq. ft); City Negotiator: Stelios Makrides, Chief Operations Officer/Airport Director; owner of record: City of Santa Monica; persons to be negotiated with: Snap Inc.; under negotiation:
commercial lease terms
Prepared By: Andrew Cabello, Legal Assistant
Approved Forwarded to Council
Attachments:

A. Written Comments

Santa Monica City CouncilOctober 10, 2023

Santa Monica City Council
October 10, 2023