HomeMy WebLinkAbout10037 - Three-Chair Barber Shop at Balboa Bay ClubRESOLUTION NO. 10037
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING INTERNATIONAL BAY
• CLUBS, INC., TO SUBLET CERTAIN PORTIONS OF THE
BALBOA BAY CLUB PREMISES CONSISTENT WITH THE
RATE OF RENTAL PAYMENTS ESTABLISHED BY
• RESOLUTION NO. 9437 (THREE -CHAIR BARBER SHOP)
WHEREAS, the City of Newport Beach has entered into a Lease
dated March 24, 1948, with the predecessors in interest to
International Bay Clubs, Inc., of certain City -owned real
property generally referred to as the Balboa Bay Club site; and
WHEREAS, said Lease provides that International Bay Clubs,
Inc., shall not sublet the premises described in said Lease or
any part thereof, for the purpose of operating and conducting any
business enterprise at, in or about the same for a term in excess
of the period of one year without the written consent of the City
first had and obtained; and
WHEREAS, International Bay Clubs, Inc., has requested that
the City Council approve a sublease for a three -chair barber shop
for a period of four years, expiring on June 30, 1985, after
consideration thereof, the City Council wishes to approve; and
WHEREAS, the City Council adopted Resolution No. 9437 on
September 25, 1978 establishing the rate of rental payments to
the City for subleases of the Balboa Bay Club premises for
commercial purposes for terms in excess of one year, which rental
rate will apply to the herein referenced sublease,
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NOW, THEREFORE, BE IT RESOLVED as follows:
1. The City Council hereby approves the sublease
between International Bay Clubs, Inc., Lessor, and Patricia
Prolux d /b /a "For The Man ", for a. term of four years, terminating
June 30, 1985. The purposes for which the premises are subleased
are the operation of a three - chair barber shop.
2. It is mutually agreed between the City and
International Bay Clubs, Inc. that pursuant to Resolution No.
9437 of the City Council of the City of Newport Beach that
International Bay Clubs, Inc. shall pay to the City the rental
rate established in said Resolution. Said rental rate is as
follows:
(a) 2 1/2% of the first $1,000.00 of gross sales per
month;
(b) 2% of the second $1,000.00 of gross sales per
month; and
(c) 1 1/2% of the balance of gross sales per month.
ADOPTED this 11th day of May , 1981.
ATTEST:
City Clerk
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HRC /pr
5/11/81