Santa Monica October 10, 2023 agenda-report Conference with Real Estate Negotiator pursuant to Government Code Section 54956.8: Property: 2828 Donald Douglas Loop North, Santa Monica, California Offices and Pilot Lounge Premises (~5,300 sq. ft.), Corporate Hangar and Maintenance Shop (~6,450 sq. ft.), Aircraft Main Ramp (~145,000 sq. ft.), Aircraft Overflow Ramp (~32,000 sq. ft.); and 3100 Donald Douglas Loop North, Santa Monica, California “Fuel Farm” (~3,800 sq. ft.) consisting of three 12,000 gallon and one 500 gallon underground storage tanks and associated systems and equipment; City Negotiator: Stelios Makrides, Chief Operations Officer/Airport Director; owner of record: City of Santa Monica; persons to be negotiated with: Atlantic SMO Holdings; under negotiation: terms for modified and extended lease. (continued from September 26) New Item Received. 8/6/2026

agenda-report Conference with Real Estate Negotiator pursuant to Government Code Section 54956.8: Property: 2828 Donald Douglas Loop North, Santa Monica, California Offices and Pilot Lounge Premises (~5,300 sq. ft.), Corporate Hangar and Maintenance Shop (~6,450 sq. ft.), Aircraft Main Ramp (~145,000 sq. ft.), Aircraft Overflow Ramp (~32,000 sq. ft.); and 3100 Donald Douglas Loop North, Santa Monica, California “Fuel Farm” (~3,800 sq. ft.) consisting of three 12,000 gallon and one 500 gallon underground storage tanks and associated systems and equipment; City Negotiator: Stelios Makrides, Chief Operations Officer/Airport Director; owner of record: City of Santa Monica; persons to be negotiated with: Atlantic SMO Holdings; under negotiation: terms for modified and extended lease. (continued from September 26) 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 Section 54956.8: Property: 2828 Donald Douglas Loop North, Santa Monica, California Offices and Pilot Lounge Premises (~5,300 sq. ft.), Corporate Hangar and Maintenance Shop (~6,450 sq. ft.), Aircraft Main Ramp (~145,000 sq. ft.), Aircraft Overflow Ramp (~32,000 sq. ft.); and 3100 Donald Douglas Loop North, Santa Monica, California “Fuel Farm” (~3,800 sq. ft.) consisting of three 12,000 gallon and one 500 gallon underground storage tanks and associated systems and equipment; City Negotiator: Stelios Makrides, Chief Operations Officer/Airport Director; owner of record: City of Santa Monica; persons to be negotiated with: Atlantic SMO Holdings; under negotiation: terms for modified and extended lease. (continued from September 26) New Item Received. 8/6/2026
Meeting: October 10, 2023
Body: Santa Monica City Council
Original file: 123 KB

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City Council
Report
City Council Meeting: October 10, 2023
Agenda Item: 4.B
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 Section 54956.8: Property: 2828 Donald Douglas Loop North, Santa Monica, California Offices and Pilot Lounge Premises (~5,300 sq. ft.), Corporate Hangar and Maintenance Shop (~6,450 sq. ft.), Aircraft Main Ramp (~145,000 sq. ft.), Aircraft Overflow Ramp (~32,000 sq. ft.); and 3100 Donald Douglas Loop North, Santa Monica, California “Fuel Farm” (~3,800 sq. ft.) consisting of three 12,000 gallon and one 500 gallon underground storage tanks and associated systems and equipment; City Negotiator: Stelios Makrides, Chief Operations Officer/Airport Director; owner of record: City of Santa Monica; persons to be negotiated with: Atlantic SMO Holdings; under negotiation: terms for modified and extended lease. (continued from September 26)
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