Issuance of General Lease – Other – Lease 9240

The California State Lands Commission is authorizing the issuance of General Lease 9240 to Iceplant, LLC, a California Limited Liability Company. This lease grants the use of existing infrastructure located on sovereign land in the Pacific Ocean, specifically adjacent to 3054 Pleasure Point Drive in Santa Cruz, California. The scope of the lease includes an existing seawall, a public access path, and a public stairway. The agreement is set for a 10-year term, beginning on October 16, 2025. This action is categorized as a direct issuance of a General Lease rather than a competitive solicitation. A Notice of Exemption has been issued under Class 1, Existing Facilities, indicating that the lease of these established structures is not expected to result in significant environmental impacts. While the documentation outlines the period of performance and the specific location of the sovereign land, it does not provide specific pricing, rent schedules, or total contract value.