Board of Airport Commissioners

3. RESOLUTION NO. - Sixty (60)-month Lease with PBS Engineers, Inc.: Covering office space in the Los Angeles World Airports-owned Skyview Center, located at 6033 West Century Boulevard, for estimated net revenue of $221,872 over the term\nPURPOSE: Staff request approval of the proposed lease with PBS Engineers, Inc. for office space at Skyview Center that will generate $221,872 in revenue to Los Angeles World Airports over the sixty (60)-month term.\nRECOMMENDATIONS: Adoption of the Report requesting that the Board of Airport Commissioners determine that this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Article III, Class 1 (18)(c) and (e) and Article III, Class 1 (1) of the Los Angeles City CEQA Guidelines; find that the City's competitive bidding restrictions do not apply pursuant to Resolution 27530 whereby the Board of Airport Commissioners and the City Council found that it would be in the best interest of the City to contract with Colliers International Real Estate Management Services, Inc. for leasing services at Skyview Center; approve the Lease with PBS Engineers, Inc.; authorize the Chief Executive Officer, or designee, to execute said Lease after approval as to form by the City Attorney; and further approve appropriation of $17,308.87 for broker commissions and $49,300 for tenant improvements to Skyview Center. (David Jones)\n03 report