Newport Beach

City Council

July 23, 2024 Item #15

Agenda Item 15

15. Exclusive Negotiating Agreement with Burnham-Ward Properties, LLC for\nthe Lease and Redevelopment of a Portion of the Balboa Yacht Basin\nProperty Located at 829 Harbor Island Drive\na) Find this action is exempt from the California Environmental Quality Act (CEQA)\npursuant to Sections 15060(c)(2), 15060(c)(3), and 15378 of the CEQA Guidelines,\nbecause this action is not a project and has no potential to have a significant effect\non the environment; and\nb) Authorize the City Manager and City Clerk to execute a two-year Exclusive\nNegotiating Agreement with Burnham-Ward Properties, LLC, for negotiation of a\nlease for redevelopment of a portion of the City-owned Balboa Yacht Basin property\nlocated at 829 Harbor Island Drive, in a form substantially similar to the agreement\nattached to the staff report.\nStaff Report\nAttachment A - Exclusive Negotiating Agreement\nJuly 23, 2024