Issuance of General Lease – Recreational Use – Lease 5447

The California State Lands Commission is authorizing a 10-year General Lease for Recreational Use, effective March 1, 2026, to permit continued use of an existing pier and three mooring buoys on sovereign land at Lake Tahoe, adjacent to 4525 West Lake Boulevard in Homewood, Placer County. The lease, identified as Lease 5447, is administratively classified under NAICS code 531190 and is granted to Spencer Bunting, Trustee of the Bunting Tahoe Trust, with no changes to the physical infrastructure permitted during the term. The project qualifies for a categorical exemption under California Code of Regulations, Title 14, Section 15301, which recognizes that the use of existing facilities without expansion or significant environmental alteration does not require full environmental review. The lease term concludes on February 28, 2036, and no pricing, payment terms, or financial value has been disclosed, indicating this is a non-monetary authorization of use rather than a competitive procurement. All contractual oversight is managed by the Commission, with Christopher Hall, Environmental Scientist, serving as the primary point of contact. There are no federal acquisition regulations applied, no delivery or packaging requirements, no inspection or acceptance criteria, and no solicitations for proposals—this action is a direct issuance of a state land use lease with no competitive process or financial consideration required. The nature of the agreement is purely regulatory and administrative, focused on confirming lawful recreational access to state-owned aquatic lands under established environmental and land management policies.