Loading...
HomeMy WebLinkAboutReso 15-26 Approving Ree's Re-Sail Building Lease, Lease Site 62RESOLUTION NO. 15-26 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MORRO BAY, CALIFORNIA APPROVING MONTH TO MONTH BUILDING LEASE AGREEMENT FOR LEASE SITE 62 LOCATED AT 551 EMBARCADERO BETWEEN THE CITY OF MORRO BAY AND -SAIL & CURIOSITIES T H E C I T Y C O U N C I L City of Morro Bay, California WHEREAS, the City of Morro Bay is the lessor of certain properties on the Morro Bay Waterfront described as City Tidelands leases and properties; and WHEREAS, Re-Sail & Curiosities been a subtenant at Lease Site 62/62W since February 15, 2025, and are tenants in good standing; and WHEREAS, the Harbor Department and Tenant have negotiated in good faith and mutually agreed to the terms of a new building lease agreement; and, WHEREAS, the lease term shall be on a month-to-month basis, allowing either ; and WHEREAS, the monthly rent is established at a fixed rate of $1,500, with no percentage of gross revenue; and WHEREAS, the tenant shall be responsible for all interim maintenance and repairs to the building, excepting normal wear and tear, with the ability to terminate the lease upon . NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay, California, as follows: 1. The attached new Building Lease Agreement for Lease Site 62 is hereby approved. 2. The Mayor is hereby authorized to execute said Building Lease Agreement. PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting thereof held on the 24th day of March 2026 with the following vote: AYES: Wixom, Eckles, Edwards, Landrum, Luffee NOES: None ABSENT: None ABSTAIN: None RECUSE: None ______________________________ CARLA WIXOM, Mayor ATTEST: DANA SWANSON, City Clerk