Speaker 0: Okay. Thank you. We're now moving on to the rest of the agenda. First up will be item number 34.
Speaker 1: Item 34 is a report from Economic Development Public Works. Recommendation to execute a First Amendment to amended and restated operating agreement with Grand Prix Association of Long Beach District one and two.
Speaker 0: I think we have a council district to comment.
Speaker 5: Yes, I will be recusing myself on this item since I live within 500 feet of the elephant lot.
Speaker 0: Thank you. Can I get a motion and a second, please? There's a motion any. I'm going to begin by having you staff report, Mr. MODICA.
Speaker 4: Just very briefly, if the Council wants a lot of detail on the intricacies of the arena of the contract, we're happy to do that. But in the interest of time, just saying this has been a lot of negotiation, a very strong partnership with us in the Grand Prix to look at how we can reduce some of the impacts on the residents, on the businesses while holding the race and also looking at a number of other goals to just make the next five years of the Grand Prix one of the best in our history. So very appreciative of the partnership that we've had with the Grand Prix Association and the good staff work from economic development . If you have any questions on the actual item, I can turn it over to John Keisler to answer any of those questions. And I do believe that we have a comment that the Grand Prix Association would like to make when it's their turn.
Speaker 0: I have to a public comment. So, Mr. Killian.
Speaker 2: Good evening, Mayor Garcia. Members of the city council, city staff. It's a pleasure being here with you this evening. I wanted to take just a moment for us to evaluate the tremendous relationship that has evolved over these last 47 years between the Grand Prix Association and the city of Long Beach. We know what immeasurable benefits are. We know about $33 million worth of economic impact that comes in and on an annual basis. The millions of people who watch this event, both nationally, internationally, on television and seen the growth of the city over these many years. And the fact is that the city is recognized as having capability of hosting major events, whether sporting or other activities, and doing it in a very successful manner. But let's set aside for a second. What I want to do is focus in on the fact that the Grand Prix really is a community event. It was started that way. It has continued all the way through its history. Let me give you a few examples. We work very closely with the Long Beach Unified School District and the Bank of California to bring 150 of the top STEM students from the high schools here in Long Beach to the race every year on Friday . They have an opportunity to engage with the various technicians and see what the opportunities are in terms of vocational activity. In addition to that, we go, as most of you are familiar with each of the council districts every year to one of the grade schools with a power and a show element and a driver and engage in vocational and safety instruction that I think is beneficial to all the younger students in those schools. And as you know, we've engaged with the committee of 300, the Red Coats, which you all recognize. They do an extraordinary job as being ambassadors, not only for us, but also for the city, because you see them in a variety of different events, all performing the extraordinary service, and we're very grateful for that. In addition to that, the Grand Prix Foundation is has dispensed four and a half million dollars into the local charity community here based on the activities they have been the leadership of that has come from a victory. And he's done an extraordinary job. And and all of that has been for benefit of the local charities. And we've worked with Steve Goodland at the CVB and all the members there in order to provide the opportunity for them to invite potential clients who want to come out and sample what Long Beach is all about. And we've been very fortunate because they have had the opportunity to book a number of major events that have come out of these relationships that are centered around attendance here at the Grand Prix. Those are very important factors in terms of how we have interwoven ourselves into the community. Let me just say a word of thanks.
Speaker 0: And I'm just trying to follow the time that I have to follow. Okay. But if you can just wrap.
Speaker 2: Up, let me let me just say a word of thanks to the city staff for their work in terms of putting this agreement together. It was a long, arduous effort. But thanks to Tom, the John and people of John Keisler and those in Eddy and also for Rich Anthony. And thank.
Speaker 0: You. Thank you. I've got to get the time.
Speaker 2: And thank you, too, for all of your support over the years. If you approve this agreement tonight. Thank you.
Speaker 0: So much. Can I have to? Yeah.
Speaker 2: We're going to have the opportunity. Sorry about that. I have to think about the time.
Speaker 0: Thank you. Sorry. I'm just following the. The timer. Let me let me just add that. Mr. King, I just want to thank you. The Grand Prix is an incredible event in the city that brings, you know, folks from across the world. I just want to thank you and the team and not just the the foundation as well, but just all the volunteers and everyone that gets involved in the event throughout the year. So thank you very much. Where we are continue to be incredibly supportive of really what is an event for for the entire community. Councilman, in the House, you made the motion. Any comments?
Speaker 6: Yes. Thank you, Mr. Mayor. Thank you very much, Jim, for those wonderful words. The Grand Prix always brings fond memories of fun times during the races. I'm glad to see the partnership between the association is standing strong and will continue to do so for the upcoming years. I'm very supportive of this item. I know for many of my residents the set up and the tear down time duration has not always been the best, but now it's been limited thanks to your partnership and you are always focusing on the community. One of the things that I admire the most. You already know this because I tell you this every time is the partnerships that you do have with our Long Beach Unified School District and bringing opportunities to our students, I think is very important and it just speaks volumes of your association and we're just so happy to have you. And we look forward to continuing bringing this wonderful event not only to the residents here in Long Beach, but to the whole world. And we thank you for that opportunity.
Speaker 0: Not so on price.
Speaker 6: Mr. Mayor. So I do have a couple of questions. I don't want to prolong the item, but I think it's very, very important that the public know that the council has been very active in the conversations regarding the negotiation points in terms of city assets and our concerns about city assets. So I would like to ask staff if you guys can provide a high level overview of the major negotiating points and what the agreement reached has been because I know that our business sector is extremely concerned about the impacts and of course our residents are very concerned about the quality of life impacts. So if you can provide an overview, I'd appreciate it.
Speaker 3: Absolutely. Happy to do.
Speaker 4: That. I was John Kaiser to give a brief overview of the summary of the major terms that were negotiated that are different in this agreement. Thanks.
Speaker 8: Thank you, Tom. Mayor, members of the city council. I want to thank Jim McMillan and the association. And through this process, this has been one of the most extensive negotiations, because there were many concessions asked by the city to improve the quality of life, environmental mitigation, road repair and some other items that I'll highlight right now. As you know, this this amendment actually takes us through June 30th of 2028. So just before the Olympics are anticipated to be here in Long Beach, the city and the city council asked that we retain rights to develop portions of the race circuit if needed, that would include surrounding areas that might displace or cause disruption of the race track as it currently sits. So there are a number of conditions in this new agreement that allow for us to involve the associations and notify and then work together throughout that process in the event that the city needs the rights to develop that lot. Additionally, the Mayor and City Council asked the association to reduce, set up and tear down time. And so with this new term, which starts January of 2023, for those races, the set of time will be reduced from 53 down to 50 day days for setup and 21 to 20 days on on tear down. So that's another 5% reduction of set up and tear down time. We needed to maintain safety, of course, and ensure that the inspection process ensured the safety of both guests as well as participants in the race. So additionally, we've maintained and improved on construction timing. There will be no street improvements or street decoration before 7 a.m. in the morning or after six p. We want to make sure that adjacent residential and businesses are not impacted negatively. And there are also additional inspections that will occur beginning in advance of actually the 22 race. So this race that's happening in April, we will be doing additional pre-race inspections of the roads to ensure that anything that is impacted with regard to tire marks or or other blemishes, that that those are detailed and ultimately addressed. And following the race, there will also be a full grind and overlay of Pine Avenue prior to the 2023 race, which will repair the area on Pine Avenue between Seaside Way and Shoreline Drive. We also will have what's called an emulsion treatment, which will, for all the asphalt areas, make it look like new to make sure that we establish a new standard after the 22 race, after this April race, so that we have a very attractive environment for our our entertainment district. There will also be, from the association, a annual road restoration contribution of $30,000 per year for the period of five years. That'll be $150,000, which will go to public works and in the city to continue to maintain that standard. That's established after this next 20, 2022 race. With regard to the look and appearance of the roadway. We also there are a couple of other issues with regard to permit fees that the city didn't waive any permit fees, even though the association experienced financial hardship over the past two years. They will pay all their fees. We will be spreading those over the next few years. But the association has is continuing to make those payments and and will continue to do so in this new agreement. And then the association has agreed to work with the city to accommodate the 2028 Olympic Games, as I mentioned, beginning. So a lot of other environmental mitigation efforts that IndyCar and the Association are implementing over the coming years. We have a full listing and details of some of those efforts underway with regard to fuels and and tires and recycling and other kinds of things that that might impact the air quality or the environmental quality of the area. So lots more detail, but I'm happy to answer any questions if needed.
Speaker 0: Thank you, Councilman Price. Anything else?
Speaker 6: No, I don't think so. Thank you very much for that overview.
Speaker 0: Thank you. Thank you, staff, for that. There is a motion any second. Is there any I don't believe any additional public comment on this item.
Speaker 1: There is no other public comments.
Speaker 0: Thank you so well called. Please cast your votes.
Speaker 1: The motion is carried.
Speaker 0: Thank you. Thank you, Mr. Cohen. Next up is item 28, please. Actually, before me, 28, let's do the first transfers items, which are 29, 30, 31 and 32.
Recommendation to authorize City Manager, or designee, to execute all documents necessary for a First Amendment to Amended and Restated Operating Agreement No. 34876 with Grand Prix Association of Long Beach, LLC, to amend certain provisions of the Agreement and facilitate an extension through June 30, 2028.  (Districts 1,2)