City Council

D. Conference with Real Estate Negotiator pursuant to Government Code Section 54956.8: Property:\n2828 Donald Douglas Loop North, Santa Monica, California Offices and Pilot Lounge Premises\n(~5,300 sq. ft.), Corporate Hangar and Maintenance Shop (~6,450 sq. ft.), Aircraft Main Ramp\n(~145,000 sq. ft.), Aircraft Overflow Ramp (~32,000 sq. ft.); and 3100 Donald Douglas Loop North,\nSanta Monica, California “Fuel Farm” (~3,800 sq. ft.) consisting of three 12,000 gallon and one 500\ngallon underground storage tanks and associated systems and equipment; City Negotiators: Stelios\nMakrides, Chief Operations Officer/Airport Director; Owner of Record: City of Santa Monica; Persons\nto be negotiated with: Atlantic SMO Holdings; Under negotiation: terms for modified and extended\nlease with the City New Item Received. 9/26/2023