Port of Los Angeles Tenders Waterfront Relocation and Long-Term Lease Offer to Ports O' Call Restaurant Corporation.SAN PEDRO, Calif. -- The Port of Los Angeles The Port of Los Angeles is located on San Pedro Bay in the San Pedro neighborhood of Los Angeles, approximately 20 miles (30 km) south of downtown. Also called Los Angeles Harbor and WORLDPORT LA today formally tendered a relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. and long-term land lease offer to Anaheim, Calif.-based Ports O' Call Restaurant Corp., owner of the Ports O' Call Restaurant on the San Pedro waterfront. The Port extended the offer in hopes of retaining the restaurant as a long-term Port tenant within the Port's "From Bridge to Breakwater The Bridge to Breakwater is an annual footrace held along the Los Angeles Harbor in San Pedro, California, featuring 12k and 5k distances. The event debuted in 2006[1]. " waterfront development. The current location of the restaurant is in an area earmarked for redevelopment. Port plans call for redeveloping the entire 8+ mile San Pedro Waterfront. "Instead of trying to work around the existing restaurant location, which is centered in an area that will be fully redeveloped in the years ahead, we have extended an offer to relocate re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. this restaurant tenant to another waterfront location, selected by the Port at a future date," said Port Interim Executive Director Bruce Seaton. "We're offering them an equitable 30-year lease on that future property, with a comparable footprint to their existing operation, in a development that's destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. to be one of the largest and most vibrant public waterfronts in the world." During the period of site selection and construction of the new restaurant, Ports O' Call Restaurant will continue to operate at its present location, on a month-to-month lease, until the new location is ready to open. |
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