Loading...
HomeMy WebLinkAbout01 LEASE BLDG 29 MCAS 06-02-97DATE: MAY 27, 1997 Inter-Com NO. 1 6-2-97 TO: FROM: SUBJECT: WILLIAM A. HUSTON, EXECUTIVE DIRECTOR REDEVELOPMENT AGENCY STAFF CONSIDERATION OF A LEASE WITH THE UNITED STATES OF AMERICA FOR THE PREMISES KNOWN AS BUILDING NO. 29 (HANGAR NO. 2) MCAS-TUSTIN, AND A SUBLEASE BETWEEN THE CITY AND TOUCHSTONE PICTURES SUMMARY: A public hearing was scheduled to permit the City to lease Hangar No. 2 at MCAS'Tustin for an interim period prior to disposal of the property by the Federal Government and also to sublease said premises to various parties. RECOMMENDATION It is recommended that the City Council continue the public hearing until June 16, 1997. BACKGROUND The City is currently completing negotiations with the Marine Corps and Navy to lease and sublease Building 29 (the southerly blimp hangar) at MCAS-Tustin. Business terms, including rent and estimated utility service charges, have not yet been provided by the Government. It is our expectation that these provisions of the lease will be available by the City Council's meeting of June 16, 1997. Christine Shingleton ~__~ Assistant CitY Manager