HomeMy WebLinkAboutCC Res 7415 2023-06-12 RESOLUTION 7415
A RESOLUTION OF THE SEAL BEACH CITY COUNCIL
RATIFYING EXPENDITURES RELATED TO THE
FACILITY LEASE WITH BEACH HOUSE AT THE
RIVER, LLC.
WHEREAS, on March 12, 2018, the City entered into a Facility Lease with Bay
City, LLC for the property located at 15 First Street ("Lease"); and,
WHEREAS, Bay City LLC, assigned its interest in the Facility Lease to Beach
House at the River, LLC (''Beach House"); and,
WHEREAS, on January 27, 2020, the City entered into the First Amendment to
Lease with Beach House at the River, LLC; and,
WHEREAS, in accordance with the Lease, the City performed the Base Bid Work
described in Exhibit B of the Lease; and,
WHEREAS, additional work beyond the Base Bid Work was performed in light of
the Beach House's construction schedule and other delays; and,
WHEREAS, the City has incurred additional expenditures beyond the Base Bid
Work; and,
WHEREAS, the City will seek to recover applicable expenditures from the Beach
House.
NOW, THEREFORE, THE SEAL BEACH CITY COUNCIL DOES HEREBY
RESOLVE:
Section 1. The City Council hereby ratifies additional expenditures made by
the City related to the Facility Lease with Beach House at the River,
LLC in the amount of $59,171.36.
Section 2. The City Council hereby allocates $30,000 to CIP BG1808 to
continue payment obligations contested under Facility Lease with
Beach House at the River, LLC.
Section 3. The City Council hereby approves Budget Amendment #BA 23-12-
01 allocating $90,000 from the General Fund as follows:
Description Account Revised/Adopted Proposed Budget (diff)
Budget Budget Amendment
Capital Improvements 301-500-0333-55000 $ 4,308,725 $ 4.398,725 $ 90,000
Transfer In - CIP 301-000-0000-49100 $ 4,308,725 $ 4.398,725 $ 90.000
Transfer Out- CIP 101-150-0080-59100 $ 4,308,725 $ 4.398,725 $ 90.000
PASSED, APPROVED AND ADOPTED by the Seal Beach City Council at a
regular meeting held on the 12th day of June 2023 by the following vote:
AYES: Council Members: Kalmick, Moore, Sustarsic, Steele
NOES: Council Members: None
ABSENT: Council Members: None
ABSTAIN: Council Members: Landau
0E418 Thomas Moore, Mayor
ATTEST:,V'��C�aPORgjFo'�C'y
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• is�. H. rp r, City Clerk 00• .� ,a.
i NT
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Gloria D. Harper, City Clerk of the City of Seal Beach, do hereby certify that the
foregoing resolution is the original copy of Resolution 7415 on file in the office of
the City Clerk, passed, approved, and adopted by the City Council at a regular
meeting held on the 12th day of June 2023.
•Wie1421 •
�,Glona B. Ha •e City Clerk