File #: 2015-1735    Version: 1 Name:
Type: Action Item Status: Consent Agenda
File created: 11/12/2015 In control: Board of Port Commissioners
On agenda: 11/17/2015 Final action:
Title: CABRILLO ISLE MARINA AT 1450 HARBOR ISLAND DRIVE, SAN DIEGO: A) RESOLUTION CONSENTING TO ASSIGNMENT AND ASSUMPTION OF THE LEASEHOLD INTEREST FROM CLP CABRILLO MARINA, LLC TO SHM CABRILLO ISLE, LLC B) ORDINANCE GRANTING AN AMENDED AND RESTATED LEASE TO SHM CABRILLO ISLE, LLC TO UPDATE LEASE TO NEW AND REVISED TERMS C) RESOLUTION CONSENTING TO ENCUMBRANCE OF SHM CABRILLO ISLE, LLC'S LEASEHOLD ESTATE BY $12,500,000 LOAN IN FAVOR OF REGIONS BANK, WITH CONDITIONS The Board will consider staff's request to continue this item to a future Board meeting.
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DATE:                      November 17, 2015

 

SUBJECT:

 

Title

CABRILLO ISLE MARINA AT 1450 HARBOR ISLAND DRIVE, SAN DIEGO:

A)                     RESOLUTION CONSENTING TO ASSIGNMENT AND ASSUMPTION OF THE LEASEHOLD INTEREST FROM CLP CABRILLO MARINA, LLC TO SHM CABRILLO ISLE, LLC

B)                     ORDINANCE GRANTING AN AMENDED AND RESTATED LEASE TO SHM CABRILLO ISLE, LLC TO UPDATE LEASE TO NEW AND REVISED TERMS

C)                     RESOLUTION CONSENTING TO ENCUMBRANCE OF SHM CABRILLO ISLE, LLC’S LEASEHOLD ESTATE BY $12,500,000 LOAN IN FAVOR OF REGIONS BANK, WITH CONDITIONS

 

The Board will consider staff’s request to continue this item to a future Board meeting.

 

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