LA County Board

51. Parcel 125R - Marina City Club Second Amended and Restated Ground\nLease\nRecommendation: Approve and instruct the Chair to execute an amendment to\nthe Second Amended and Restated Lease for Parcel 125-R Marina Del Rey\nSmall Craft Harbor, as amended (Lease), which will provide for a revised rent\nschedule for the remainder of the Lease term and establish a payment schedule\nto fund, in part, infrastructure and capital improvements needed on the Marina\nCity Club leasehold facilities (Property), and Memorandum of Lease; authorize\nthe Director of Beaches and Harbors, on behalf of the County, to execute and\ndeliver such other ancillary documentation, including without limitation, a ground\nlease estoppel certificate and the Memorandum of Lease, as is acceptable to\nthe Director relating to the implementation of the Amendment; authorize the\nDirector to execute and deliver, on behalf of the County, any required\namendment to the Master Sublease or any other documents relating to the prior\nand future conversion of Category B units to Category A units; and find that the\nproposed actions are exempt from the California Environmental Quality Act.\n(Department of Beaches and Harbors) APPROVE 4-VOTES (24-0700)