To: MAYOR AND CITY COUNCIL
From: ELIZABETH HAUSE, WATERFRONT AND COMMUNITY SERVICES DIRECTOR
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ADOPT BY TITLE ONLY, RESOLUTION NO. CC-2611-092, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDONDO BEACH, CALIFORNIA, LEASING CERTAIN PROPERTY TO KING HARBOR CANTINA, LLC
APPROVE THE FIRST AMENDMENT TO THE LEASE WITH KING HARBOR CANTINA, LLC FOR THE PREMISES AT 207 NORTH HARBOR DRIVE TO INCREASE THE LEASED AREA BY 690 SQUARE FEET FOR THE EXISTING TERM THROUGH NOVEMBER 20, 2027
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EXECUTIVE SUMMARY
On November 21, 2023, the City entered into a lease with King Harbor Cantina, LLC, for the restaurant premises at 207 North Harbor Drive, formerly occupied by Samba by the Sea. The proposed first amendment to the lease authorizes the addition of an approximately 690-square-foot outdoor patio adjacent to the banquet room, expanding the total leased premises to approximately 10,933 square feet. The additional patio space is expected to support increased business activity and provide an opportunity for additional City revenue through the lease’s percentage rent structure. The amendment also updates the legal description and depiction of the premises, requires insurance coverage for the expanded area, and adds a lease guaranty from Christopher Bredesen and George Loren. The lease term remains unchanged and expires on November 20, 2027.
BACKGROUND
In May 2014, the City completed its purchase of the Redondo Beach Marina leasehold, which includes stand-alone restaurants, a marina, a large surface parking lot, and a public boat hoist. Following the termination of Samba by the Sea’s lease in 2023, the City entered into a four-year lease with King Harbor Cantina, LLC (Tenant), for the restaurant space at 207 North Harbor Drive (Premises), for the period November 21, 2023, through November 20, 2027. The Tenant operates a restaurant providing food, beverage, and alcohol service.
The existing lease provides for monthly minimum rent, currently $3,182 an...
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