Special Notice/Hearing: None
Vote Required: 4/5
To: Honorable Board of Supervisors
From: Michael P. Callagy, County Executive
Subject: Amendment to Agreement with Thieves' Market, LLC for the Leasing and Use of Restaurant Space at Half Moon Bay Airport, (Lease No. 5405)
RECOMMENDATIONS:
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Adopt a resolution authorizing:
A) The President of the Board of Supervisors to execute the First Amendment to Restaurant Concession Agreement with Thieves' Market, LLC for the leasing of approximately 1,442 square feet of restaurant and office space, and non-exclusive use of the common areas, including approximately 227 square feet of lobby area, approximately 296 square feet of restroom area, approximately 2,136 square feet of outside seating area, and the landscaped area adjacent to the front entry, at the Half Moon Bay Airport, also known as Assessors' Parcel Number 037-292-030, for the continued term through October 31, 2024, with updated Base Rent, Utility Charges, Rental Adjustments, Tenant Improvements, and Trash, Recycling, and Compost Removal; and
B) The Director of Public Works or the Director's designee to execute notices, options and documents associated with this Agreement and non-substantive additions, clarifications and amendments to this Agreement after consultation with County Attorney.
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BACKGROUND:
Thieves' Market, LLC has leased the restaurant and office space located at Half Moon Bay Airport since 2019. It is used for the purpose of operating, managing, maintaining, and improving the restaurant and certain common areas of the Airport. Thieves' Market, LLC has the obligation and exclusive right to sell food and beverages at the Half Moon Bay Airport ("Airport" or "Premises"). The existing Agreement is set to expire on October 31, 2024 (with an option to extend for five years), but the Parties wish to amend the Base Rent, Utility Charges, Rental Adjustments, Trash, Recycling, and Compost Removal, and Tenant Improvemen...
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