Title
Exclusive Negotiating Agreement with Burnham-Ward Properties, LLC for the Lease and Redevelopment of a Portion of the Balboa Yacht Basin Property Located at 829 Harbor Island Drive
Recommendation
a) Find this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2), 15060(c)(3), and 15378 of the CEQA Guidelines, because this action is not a project and has no potential to have a significant effect on the environment; and
b) Authorize the City Manager and City Clerk to execute a two-year Exclusive Negotiating Agreement with Burnham-Ward Properties, LLC, for negotiation of a lease for redevelopment of a portion of the City-owned Balboa Yacht Basin property located at 829 Harbor Island Drive, in a form substantially similar to the agreement attached to the staff report.