OS Pier Lease Extended Ten Years with Improvements

The City Council approved Amendment 5 to the Percentage Lease Agreement with OS Pier, LLC, extending the lease for ten years with total rent of $2,075,480 and increasing the pier utility infrastructure improvement budget to $200,000. The City Manager was authorized to execute the amendment.

Document date · June 21, 2023

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Scope & details

The full contract record, as filed.

Contract amount

$2,075,480 total rent over ten-year term; up to $200,000 utilities improvements budget

Contract type

OTHER

Contract term

ten years

Renewal

Fifth amendment extends lease term by ten years and adjusts rent and infrastructure improvement budget.

Document type

Agenda

Source document

oceanside_city_council_hdb_cdc_opfa_regular_meetin.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by city of Oceanside Community Development Comm?

Os Pier Llc was awarded this government contract by city of Oceanside Community Development Comm, as recorded on June 21, 2023. The contract value is $2,075,480 total rent over ten-year term; up to $200,000 utilities improvements budget.

How much is the Os Pier Llc contract with city of Oceanside Community Development Comm worth?

The Os Pier Llc contract with city of Oceanside Community Development Comm is valued at $2,075,480 total rent over ten-year term; up to $200,000 utilities improvements budget.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in oceanside_city_council_hdb_cdc_opfa_regular_meetin.pdf (Agenda), dated June 21, 2023 from city of Oceanside Community Development Comm. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Os Pier Llc hold?

Os Pier Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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