California State Lands Commission August 14 2012 C

California State Lands Commission August 14, 2012 C 51

Staff Concerns 1) Pending & unresolved trespass action 2) Uncertain ownership/financial interest in the vessel 3) History of failed floating restaurants at the site (How is this different? ) 4) Financial viability of the proposed operation

Staff Recommendation • Deny application for new lease • Move forward with the previously authorized trespass & ejectment action

Chronology of the Site • 1971 • 1972 State Lands enters into an Agreement 4562. 1 among Anza Pacific, Trans. America Title Insurance approving the Anza/Terry’s Operating Company lease while title to the property is resolved. Business License issued for the Showboat: floating restaurant (Terry’s Operating Company, Lloyd Bothwell) Business License issued for the Showboat: (Melody Corporation) Assignment from Melody Corporation to All Brands

Chronology of the Site • 1974 • 1976 Sublease from All Brands to SCI Corporation and Oregon Corp. SCI apparently affiliated with SMC Restaurants and may operate as The Baywinds Restaurant Business License issued for the Gang Plank Landing: (SML Restaurants) Assignment of all State leases from Anza Pacific Corporation to Anza Shareholders’ Liquidating Trust. Building permit was issued to the Anza Shareholders’ Liquidating Trust for the Lucky Lady Restaurant

Chronology of the Site • 1978 Robert • 1978 • 1980 • 1981 Business License issued for Diamond Jims: (Jimmy Katsares) State Lands authorizes a new lease to Sherman Business License issued for Diamond Showboat: (Anthony Katsares) Business License issued for Showboat “ 7”: (J Figueras Fiden Ventures, Inc. ) State Lands authorizes a sublease to Lloyd Bothwell (September) State Lands rescinds prior sublease authorization (November)

Chronology of the Site • 1982 • 1983 • 1984 • 1987 • 1990 Business License issued to Valentino’s Restaurant: (Frank Zemogh) Business License issued to Pattaya Princess: (Alongkorn Tangvararat & Jimmy Tang) Additional sublease added to existing SLC lease Business License issued to A-1 Word Processing Services; office use – no SLC authorization Vessel sinks – restaurant operations cease until 2007 Insurance documents on file indicate Hong Kong Seafood Restaurant as operator, no sublease authorized by the Commission

Chronology of Site • 2000 • 2002 • 2006 • 2009 • 2011 Business License issued for KKR Enterprises; unknown use – no SLC authorization Business License issued for Warehouse Restaurant - (unknown if site was ever occupied) SLC issued new lease to the Dago Mary’s Corporation for the operation of The Sherman Restaurant operations ceased at the site Received two applications for use of site – one applicant has withdrawn their application