CenterCal lease for The Waterfront project approved by City Council

Redondo Beach’s City Council approved a property lease agreement and infrastructure finance plan for CenterCal’s The Waterfront project during a late night/early morning deliberations Jan. 31 and Feb. 1. The council approval formalizes a contractual relationship between Redondo Beach and CenterCal. CenterCal would pay a minimum annual rent of $250,000 plus a...