City Council

14. Ground Lease and Development Agreement for 80-Acres by and between the\nSouthern California Logistics Airport Authority and Aviation Development Park,\nLLC.\nRecommendation:\nThat the Southern California Logistics Airport Authority (“SCLAA”) Board of\nDirectors:\n(1) Approve entering into a Ground Lease and Development Agreement for 80-\nAcres (“Agreement”), by and between the SCLAA and Aviation Development Park,\nLLC, (“ADP”);\n(2) Authorize the Executive Director to execute said Agreement; and\n(3) Adopt Resolution No. SCLAA-25-001 amending the 2024/2025 budget\nincreasing revenue in Airport account 4501191-45220 by $70,044.50.