City Council

3. Ordinance No. 2024-29 and Resolution No. 2024-80: Amendments to Ground\nLease and Local Coastal Program Amendments Related to the Lido House\nHotel Site (PA2020-068)\na) Find this action is consistent with the California Environmental Quality Act\n(CEQA). Pursuant to Section 15062 of the CEQA Guidelines, the changes\nauthorized under the project are not substantial, as they do not involve new significant\neffects or a substantial increase in the severity of previously identified significant\neffects, and therefore, a subsequent Environmental Impact Report (EIR) does not\nneed to be prepared;\nb) Adopt Resolution No. 2024-80, A Resolution of the City Council of the City of\nNewport Beach, California, Adopting a Local Coastal Program Amendment to\nChange the Development Limit Specified in the Coastal Land Use Plan Related to\nthe Lido House Hotel Located at 3300 Newport Boulevard and 475 32nd Street\n(PA2022-068);\nc) Waive full reading, direct the City Clerk to read by title only, introduce Ordinance\nNo. 2024-29, An Ordinance of the City Council of the City of Newport Beach,\nCalifornia, Adopting a Local Coastal Program Amendment to Change the\nDevelopment Limit Specified for the Lido House Hotel Located at 3300 Newport\nBoulevard and 475 32nd Street (PA2020-068), and pass to second reading on\nDecember 10, 2024;\nd) Authorize the City Manager and City Clerk to execute the Second Amendment to\nGround Lease between the City of Newport Beach and Lido House, LLC (Tenant), to\nupdate certain terms and conditions related to mortgage financing of the leased\npremises, in a form substantially similar to the agreement prepared by the City\nAttorney; and\ne) Authorize the City Manager and City Clerk to execute the Option Agreement to\nGround Lease with Related Third Amendment to Ground Lease and Third\nAmendment to Ground Lease between the City of Newport Beach and Lido House,\nLLC (Tenant), to incorporate the property located at 475 32nd Street into the leased\npremises and allow the Tenant to construct five cottages and various site and public\nimprovements, in a form substantially similar to the agreement prepared by the City\nAttorney.\nStaff Report\nAttachment A - Resolution No. 2024-80\nAttachment B - Ordinance No. 2024-29\nAttachment C - Resolution No. 2022-78\nAttachment D - 10-25-22 Staff Report\nAttachment E - CCC Approval Letter\nAttachment F - Ground Lease 2nd Amendment\nAttachment G - Option Agreement with 3rd Amendment\nNovember 12, 2024\nORDINANCES FOR ADOPTION