HomeMy WebLinkAboutReso 49-22 06-14-22 90-90W Port House AssignmentRESOLUTION NO. 49-22
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA
ASSIGNING LEASE SITE 90-90W
TO CALLENDER COMMERCIAL PROPERTIES, LLC,
AND CONDITIONALLY AUTHORIZING THE MAYOR
TO EXECUTE DOCUMENTS NECESSARY FOR THE
ASSIGNMENT AND ASSUMPTION AT LEASE SITE 90-90W,
LOCATED AT 885 EMBARCADERO ROAD, MORRO BAY
THE CITY COUNCIL
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, since 2020, Smith Livestock, LLC (managing and controlling owner
Sonny Smith) has been the lessee of Lease Site 90-90W, located at 885 Embarcadero
Road and is a tenant in good standing; and
WHEREAS, Smith Livestock, LLC is selling the leasehold interest and
improvements to Callender Commercial Properties, LLC, a limited liability company whose
managing and controlling owner is Cliff Branch; and
WHEREAS, Smith Livestock and Callender Commercial Properties have
satisfactorily submitted the necessary documents for the assignment and assumption.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro
Bay, California, as follows:
1. The City Council approves the assignment and assumption of the
leasehold interest at Lease Site 90-90W to Callender Commercial
Properties, LLC
2. The Mayor is hereby authorized to execute said assignment and
assumption, as approved by the City Attorney.
PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular
meeting thereof held on the 14th day of June, 2022 on the following vote:
AYES° Headding, Addis, Barton, Ford, Heller
NOES' None
ABSENT: None
John Rea ding, Mayor
ATTEST:
awil
ana Swanson, City Clerk