City Council

19. City Council: Approval of Amendment 5 to the Percentage Lease Agreement with OS Pier, LLC,\nextending the term of the agreement for a period of ten years for a total rent over the term of\n$2,075,480, increasing the total budget for the installation of the Pier utility infrastructure\nimprovements to an amount not to exceed $200,000, and updating various lease terms for the\nrestaurant and kiosk buildings located at 1 Pier View Way at the end of the Oceanside Municipal\nPier; and authorization for the City Manager to execute the amendment upon receipt of all\nsupporting documents