OTHERAMENDED

Ventura Port District AgendaPacket Regular Meeting 2026-06-03

Harbor Village Retail Lease for Lost in Socks Extended

Ventura Port DistrictSPAGNUOLO, TUESDAY & SPAGNUOLO, VINCE DBA LOST IN SOCKSJune 3, 2026

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Description

The Ventura Port District Board will consider Amendment No. 1 to the retail lease with Tuesday Spagnuolo & Vince Spagnuolo dba Lost in Socks, extending their Ventura Harbor Village tenancy through April 30, 2028 and revising option terms and parties. The amendment keeps base rent subject to annual CPI increases and adds a performance-based option while removing Vince Spagnuolo from the lease.

Contract Details

Vendor

SPAGNUOLO, TUESDAY & SPAGNUOLO, VINCE DBA LOST IN SOCKS

Agency

Ventura Port District, CA

Contract Type

OTHER

Document Date

June 3, 2026

Contract Term

Existing lease dated April 23, 2021; current term expired April 30, 2026; Amendment extends term through April 30, 2028 with one additional two-year option term thereafter

Renewal Date

2028-04-30

Renewal Info

First amendment to the April 23, 2021 lease. Extends the base term two years beyond the original April 30, 2026 expiration to April 30, 2028, with base rent subject to annual CPI escalations. Revises Exhibit H to grant one additional two-year option term with annual CPI increases and a sales performance requirement; removes Vince Spagnuolo as a tenant under the lease. No landlord improvements are required.

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