Redondo Beach

City Council

July 08, 2025 Order of Business M #4

Agenda Item 4

M.4. CONFERENCE WITH REAL PROPERTY NEGOTIATOR - The Closed Session is\nauthorized by the Government Code Section 54956.8.\nAGENCY NEGOTIATOR:\nMike Witzansky, City Manager\nGreg Kapovich, Waterfront & Economic Development Director\nLarry Kosmont, Kosmont Companies\nPROPERTY:\nMonstad Pier: 110-151 Fisherman's Wharf, Redondo Beach, CA 90277 (a portion of\nAPN: 7505-002-934)\nKincaid’s and Pad 2: 500 Fisherman's Wharf, Redondo Beach, CA 90277 (a portion of\nAPN: 7505-002-933)\nPier Plaza: 103-131 W. Torrance Blvd., Redondo Beach CA 90277 (a portion of APN:\n7505-002-908)\nFun Factory: 123 International Boardwalk, Redondo Beach, CA 90277 (a portion of\nAPN: 7505-002-908)\nJoe’s Crab Shack: 230 Portofino Way, Redondo Beach, CA 90277 (a portion of APN:\n7503-029-903)\nPortion of the Redondo Beach Marina Parking Lot (a portion of APN: 7503-029-900)\nNEGOTIATING PARTIES:\nJames Kwon, HK Pacific, LLC\nLandry's Restaurants, Inc.\nVarious Prospective Tenants\nUNDER NEGOTIATION:\nLease Status, Price, and Terms