Recommendation to Approve a Consent to Assignment of Lease and Leasehold Deed of Trust with SHM Ballena Isle, LLC for the Current CLP Ballena Marina, LLC, Formerly Known As CNL Income Ballena Marina, LLC at Ballena Marina. (Community Development 216)
Motion passes unanimously. And now we'll do five c. Okay. Is Debbie Porter still here? Yeah, as part of this party. So just one Mr. Potters coming up to the podium. This is. Has to do with a lease that the. The Council's being asked to to approve its actually assignment of a lease from one entity to another. And and Ms.. Potter and I had a productive conversation via email today. And I think the the information you provided, I thought was was important. And I just wondered if you would share it with the public. And so specifically, my question was that so this has to do with Bolena, the Bolena Bay Area, Bolena IO and it's Tidelands Trust property . And so a new entity is taking over a significant portion of this lease. And can you just tell us, Ms.. Potter, about this S-H m Bolena, LLC that's taking over. Yes, thank you very much. I'm Debbie Porter. I'm the city's community development director. And the request was for a little more background information about the financial wherewithal and depth to the organization that will be assuming that the existing lease. And so what I the information I have provided is that they are a Texas based organization company that has operated 55 marinas over the last 30 years, that they have already committed to investing between 500,000 and $1,000,000 in immediate health and safety upgrades that are needed out at the marina that in 2004, they entered into an agreement with the city of Emeryville, and they did the all of the renovations and upgrades of the Emeryville marina and invested about $2.3 million in those upgrades at the Emeryville marina. And that this particular transaction that's being contemplated by this company were part of a $127 million transaction that involves 27 marinas. So all of that information taken in combination LED staff to recommend to the council that it consent to the assignment, that we feel confident in the wherewithal of this company. Thank you, Miss Potter. Thank you. And so with that, I would move approval of consent to assignment of lease and leasehold deed of trust with SAHM Bolena. I'll LLC for the current CLP Ballina Marina LLC, formerly known as Seasonal Income Ballina Marina LLC at Ballina Marina. Do we have a second? Second. Although some favor I motion carries unanimously. Thank you. Madam Mayor. If I can raise your point of order or perhaps a point of inquiry, whichever, is that effectively it might help out the members of the audience who have attended tonight's meeting as to where we are with regard to the matter that they had, issues that they had, that their youth had raised, so that the youth and their parents know how we're moving forward. I mean, without giving any details. That might prove to be helpful for purposes of the residents who are here right now. That the city attorney for you. So because of the public comments. Okay. Council council approved a moratorium for 65 days, which expires January 9th. The city has posted on its website and the housing authority, I think it might have it on its website as well. The moratorium, it limits rent increases during the moratorium period to to less than 8% for a certain category of rental units that are defined in the cost of Hopkins Act, which basically means it does not apply to single family homes and condominiums. Homes that were built or apartments that were built after 1995 than anything that was built before 1995 is an apartment complex. It's not individually personalized. It would apply to and in addition, it it restricts the the ability for a landlord to to give notices and to evict tenants unless there is cause, just cause. And that is defined in the ordinance. The city has been working very hard to get frequently asked questions available on its website. City staff has been fielding a lot of questions from landlords and tenants. City staff has met with landlord and tenant groups and is hard at work on drafting what we've calling permanent legislation, new legislation to bring forward to the City Council. Our goal is to bring it to the City Council on their first meeting in January, January 5th, which means that two weeks ahead of that, it would be available publicly on the website. So we are working as hard as we can, getting input from everyone to be able to craft different options that the Council discussed and gave direction to the city staff. And the intent is to have that legislation in front of the council and hopefully adopted before the end of the moratorium period. So the moratorium is in effect. It is a limited moratorium. And I should say that just cause eviction portion applies to all rentals, it does not apply to just a segment of rentals. So more information is available on the city's website. The ordinance is there. The City Housing Authority is fielding questions and again, city staff is working very hard to bring forward. What we are hopeful is what the council is looking for in response to the community's expressed concerns, and that should be before the council the 1st of January. So at this point, I will thank all the speakers that came on during public comment. All the students. We heard your comments and we are it. We took action at the last council meeting and we are continuing the council to figure out next steps. Okay. So we will not be giving any more information tonight. You do not have to stay longer. You could leave whenever you'd like. All right. But thank you very, very much for coming this evening. Thank you. We'll actually wait a few minutes if you want to leave. That's quieter. Oh, I haven't. Drink this way. Oh, sorry, Jim. Yeah, that's right. Hey, nice to have a drink around. I think. You have to be thirsty. When to get the can I. I'll check if you need a refill. But. Oh. Okay. Oh, my God. I guess they're you. To get it back to me when you get. It. But don't you worry. A adoption of resolutions, appointing John Nolan as a member of the Civil Service Board and Brandon Sullivan not as a member of the B Advisory Committee.