HomeMy WebLinkAboutPA2023-0138_20230801_Tennis Court SubleaseFrom: Murillo, Jaime
Sent: August 01, 2023 7:55 AM
To: Lee, David
Subject: FW: Hyatt Regency Newport Beach - Tennis Court Sublease
From: Gary Stougaard <gstougaard@chelseahp.com>
Sent: August 01, 2023 2:14 AM
To: Murillo, Jaime <JMurillo@newportbeachca.gov>
Cc: Matsler, Sean <SMatsler@coxcastle.com>
Subject: Hyatt Regency Newport Beach - Tennis Court Sublease
[EXTERNAL EMAIL] DO NOT CLICK links or attachments unless you recognize the sender and know the content
is safe.
Mr. Murillo –
My name is Gary Stougaard and I am the Owners Representative for WCP Newport LLC, the owner of
the Hyatt Regency Newport Beach Hotel.
As you are aware, we are currently finalizing a sublease agreement with Champion Management Group
(“CMG”) for the use of the six tennis courts located on the land which WCP Newport LLC leases from
JGKallins Investments Newport, LLC.
CMG plans to covert these courts for future Pickleball use, but have applied to the City of Newport
Beach for an interim use agreement for their continued use as tennis courts.
While we finalize the terms of this agreement and related parking facilities with CMG, the purpose of
this correspondence is to confirm that we will also provide interim access to on-site parking to Palisades
Tennis Club members while negotiations proceed on a new parking lease with the Palisades Tennis Club.
Please contact me directly if you have any questions or I can provide any additional information relative
to our agreement with CMG and the status of our negotiations with Palisades for future parking for Club
members.
I can be reached anytime at (619) 709-4461.
Thank you,
Gary Stougaard
Authorized Representative WRC Newport LLC.
Gary A. Stougaard
Chelsea Hospitality Partners
(619) 709-4461
gstougaard@chelseahp.com