Common use of SPECIFIC LEASE PROVISIONS Clause in Contracts

SPECIFIC LEASE PROVISIONS. Insurance: Liability insurance in the amount of no less than $1,000,000. Other: The proposed lease contains a provision requiring the Applicant(s) to obtain authorization from the Tahoe Regional Planning Agency (TRPA) for the mooring buoys within two years after the adoption of a Final Environmental Impact Statement (FEIS) for the Lake Tahoe Shorezone Ordinance Amendments and approval of the amended ordinances. This is a continuation of the process the Commission used from approximately 1995 to October 2008 when TRPA adopted an FEIS and Ordinance Amendments supported by the FEIS. In September 2010, the U.S. District Court invalidated the FEIS and nullified the Amendments. When additional information is available, Commission staff will advise the Commission on any suggested modifications to the process used by the CALENDAR ITEM NO. C52 (CONT’D) Commission pending resolution of the TRPA FEIS and amended ordinance issues. OTHER PERTINENT INFORMATION:

SPECIFIC LEASE PROVISIONS. Insurance: Liability insurance in the amount of no less than $1,000,000. Other: The proposed lease contains a provision requiring the Applicant(s) Applicants to obtain authorization from the Tahoe Regional Planning Agency (TRPA) for the mooring buoys within two years after the adoption of a Final Environmental Impact Statement (FEIS) for the Lake Tahoe Shorezone Ordinance Amendments and approval of the amended ordinances. This is a continuation of the process the Commission used from approximately 1995 to October 2008 when TRPA adopted an FEIS and Ordinance Amendments supported by the FEIS. In September 2010, the U.S. District CALENDAR ITEM NO. C15 (CONT’D) Court invalidated the FEIS and nullified the Amendments. When additional information is available, Commission staff will advise the Commission on any suggested modifications to the process used by the CALENDAR ITEM NO. C52 (CONT’D) Commission pending resolution of the TRPA FEIS and amended ordinance issues. OTHER PERTINENT INFORMATION:

SPECIFIC LEASE PROVISIONS. Insurance: Liability insurance in the amount of no less than $1,000,000. Other: The proposed lease contains a provision requiring the Applicant(s) Applicants to obtain authorization from the Tahoe Regional Planning Agency (TRPA) for the mooring buoys buoy within two years after the adoption of a Final Environmental Impact Statement (FEIS) for the Lake Tahoe Shorezone Ordinance Amendments and approval of the amended ordinances. This is a continuation of the process the Commission used from approximately 1995 to October 2008 when TRPA adopted an FEIS and Ordinance Amendments supported by the FEIS. In September 2010, the U.S. District Court invalidated the FEIS and nullified the Amendments. When CALENDAR ITEM NO. C41 (CONT’D) additional information is available, Commission staff will advise the Commission on any suggested modifications to the process used by the CALENDAR ITEM NO. C52 (CONT’D) Commission pending resolution of the TRPA FEIS and amended ordinance issues. OTHER PERTINENT INFORMATION:

SPECIFIC LEASE PROVISIONS. Insurance: Liability insurance in the amount of no less than $1,000,000. Other: The proposed lease contains a provision requiring the Applicant(s) Applicant to obtain authorization from the Tahoe Regional Planning Agency (TRPA) for the mooring buoys within two years after of the adoption of a Final Environmental Impact Statement (FEIS) for the Lake Tahoe Shorezone Ordinance Amendments and approval of the amended ordinances. This is a continuation of the process the Commission used from approximately 1995 to October 2008 when TRPA adopted an FEIS and Ordinance CALENDAR ITEM NO. C12 (CONT’D) Amendments supported by the FEIS. In September 2010, the U.S. District Court invalidated the FEIS and nullified the Amendments. When additional information is available, Commission staff will advise the Commission on any suggested modifications to the process used by the CALENDAR ITEM NO. C52 (CONT’D) Commission pending resolution of the TRPA FEIS and amended ordinance issues. OTHER PERTINENT INFORMATION:

SPECIFIC LEASE PROVISIONS. Insurance: Liability insurance in the amount with coverage of no less than $1,000,000. Other: The proposed lease contains a provision requiring the Applicant(s) Applicants to agree to obtain authorization from the Tahoe Regional Planning Agency (TRPA) for the mooring buoys within two years after the adoption of a Final Environmental Impact Statement (FEIS) for the Lake Tahoe Shorezone Ordinance Amendments and approval of the amended ordinances. This is a continuation of the process the Commission used from approximately 1995 to October 2008 when TRPA adopted an a FEIS and Ordinance Amendments supported by the FEIS. In September 2010, the U.S. District CALENDAR ITEM NO. C08 (CONT’D) Court invalidated the FEIS and nullified the Amendmentsordinances. When additional information is available, Commission staff will advise the Commission on any suggested modifications to the process used by the CALENDAR ITEM NO. C52 (CONT’D) Commission pending resolution of the TRPA FEIS and amended ordinance issues. OTHER PERTINENT INFORMATION:

SPECIFIC LEASE PROVISIONS. Insurance: Liability insurance in the amount of no less than $1,000,000500,000. Other: The proposed lease contains a provision requiring the Applicant(s) Applicants to obtain authorization from the Tahoe Regional Planning Agency (TRPA) for the mooring buoys buoy within two years after the adoption of a Final Environmental Impact Statement (FEIS) for the Lake Tahoe Shorezone Ordinance Amendments and approval of the amended ordinances. This is a continuation of the process the Commission used from approximately 1995 to October 2008 when TRPA adopted an FEIS and Ordinance Amendments supported by the FEIS. In September 2010, the U.S. District Court invalidated the FEIS and nullified the Amendments. When TRPA is presently evaluating its response. At such time as additional information is available, Commission staff will advise the Commission on any suggested modifications to the process used by the CALENDAR ITEM NO. C52 (CONT’D) Commission pending resolution of the TRPA FEIS and amended ordinance issues. OTHER PERTINENT INFORMATION:.