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Butte County approves assignment of Scotty’s Landing lease with updated insurance terms
Summary
The Board approved assignment of the county lease for Scotty’s Landing to TY (TYK) Cape Holdings, updating the insurer requirement (from $500,000 in 1983 to $1,500,000 present value) and setting steps for the new lessee to cure outstanding code and food-safety issues.
The Butte County Board of Supervisors voted Jan. 14 to authorize the assignment of the 99‑year lease for Scotty’s Landing to TY/TYK Cape Holdings and to update insurance requirements and compliance conditions attached to the lease.
Mike Hudson, director of general services, reviewed the site’s background, describing a convoluted title history and noting Scotty’s has been operating on the river since the 1950s. Hudson told the board the existing lease required $500,000 in insurance at the time of signing and, to…
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