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2022 Apr 07 - CC MIN SPCSPECIAL SESSION THE EL SEGUNDO CITY COUNCIL THURSDAY, APRIL 7, 2022 4:30 PM CALL TO ORDER — Mayor Pro Tern Pimentel at 4:36 PM Mayor Boyles - Absent Mayor Pro Tern Pimentel - Present Council Member Pirsztuk - Present Council Member Nicol - Present Council Member Giroux - Present PUBLIC COMMUNICATION — (Related to City Business Only — 5-minute limit per person), None SPECIAL ORDER OF BUSINESS: CenterCal's and Topgolf's request to lower the adjustment percentage on the Community Benefit payment from 10% to 7.5% every five (5) years regarding the Topgolf driving lease payments. The City had previously granted Topgolf the right to change the par four (4) hole to two (2) par three (3) holes on the Lakes golf course in exchange for the 10% adjustment every five (5) years. (Fiscal Impact: Loss of General Fund Revenue of $5,000 over a five (5) year period; approximately $71,613 over the 50-year life of the lease for an average of $1,430 per year) Joe Lillio, Chief Financial Officer reported on the item. Mark Hensley, City Attorney and Joe Lillio, Chief Financial Officer answered Council questions. Council Discussion Council consensus to not move forward with CenterCal and Topgolf s request to lower the adjustment percentage regarding the Community Benefit payment from 10% to 7.5% every five (5) years. CLOSED SESSION: City Council may move into a closed session pursuant to applicable law, including the Brown Act (Government Code Section §54960, et seq.) for purposes of conferring with City's Real Property Negotiator; and/or conferring with City Attorney on potential and/or existing litigation; and/or discussing matters covered under Government Code Section §54957 (Personnel); and/or conferring with City's Labor Negotiators. § CONFERENCE WITH LEGAL COUNSEL — ANTICIPATED LITIGATION EL SEGUNDO CITY COUNCIL SPECIAL MEETING MINUTES APRIL 7, 2022 PAGE 1 Initiation of litigation pursuant to Government Code §54956.9 (d)(4): -1- matters. Adjourned at 5:12 PM Tracy' OeaverVCity Clerk EL SEGUNDO CITY COUNCIL SPECIAL MEETING MINUTES APRIL 7, 2022 PAGE 2