Amendment of Lease, Termination and Approval of an Agreement and Consent to Encumbrancing of Lease and Revision of Rent

Summary

SCH Number
2010088310
Lead Agency
California State Lands Commission
Document Title
Amendment of Lease, Termination and Approval of an Agreement and Consent to Encumbrancing of Lease and Revision of Rent
Document Type
NOE - Notice of Exemption
Received

Document Description
Authorize the Amendment of Lease No. PRC 2851.1, a General Lease - Commercial Use to revise the authorized improvements from 40 covered and uncovered berths and side ties to 35 uncovered berths and side ties, effective August 20, 2010. Authorize the termination of the Agreement and Consent to Encumbrancing of Lease authorized by the Commission on February 5, 2007, between the State Lands Commission, TA & JC Properties, LLC, and the Diablo Valley Bank, effective upon receipt of re-conveyance document. Authorize the execution of the document entitled "Agreement and Consent to Encumbrancing of Lease" in the amount not to exceed $1,000,000, on file in the office of the Commission, between the State Land Commission, TA & JC Properties, LLC, and ECC Bank, a Division of the Bank of Agriculture & Commerce, effective August 20, 2010. Approve the revision of the minimum annual rent for Lease No. PRC 2851.1 from $1,312 to $1,462, effective December 1, 2010.

Contact Information
M. Clark
California State Lands Commission
100 Howe Avenue, Suite 100-South
Sacramento, CA 95825-8202

(916) 574-1900

Location

Cities
Isleton
Counties
Sacramento
Cross Streets
Sovereign land in Seven Mile Slough, adjacent to 1100 West Brannan Island Road
Total Acres
1.14

Notice of Exemption

Exempt Status
Categorical Exemption
Type, Section or Code
Class 1 Sec 15061, 2905
Reasons for Exemption
Amendment of Lease No. PRC 2851.1, a General Lease - Commercial Use to revise the authorized improvements from 40 covered and uncovered berths and side to ties to 35 uncovered berths and side ties will not have a significant effect on the environment. Termination of the Agreement and Consent to Encumbrancing of lease authorized by the Commission; and the revision of the annual rent are not projects in accordance with CEQA.
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