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Downtown Skate Park License Agreement December 4, 2018 Page 2 design and construct a skate park in the alley behind the parking structure on the southwest corner of French St. and Spurgeon St. (Exhibit 1). Adding a skate park to the downtown also creates an amenity for attracting more visitors to the downtown area. These visitors will continue to eat and shop in the downtown which in turn increases revenues to the City. Upon City Council approval of the License Agreement, East End Realty Partners, LP will fund the design and construction of a skate park in the alley behind the city -owned parking structure at 5th and Spurgeon. Currently, the alley is used by service trucks for the adjacent businesses to exit when they enter through Spurgeon drop off goods for the businesses. The construction of the skate park will ultimately eliminate that exit. To accommodate these trucks, additional modifications to remove overhead wires at the structure will need to take place. East End Realty Partners, LP have agreed to contribute $10,000 towards those modifications to the City parking structure. The license agreement has a 5 -year term and the ownership of the property remains with the City. The downtown skate park operations will comply with the Santa Ana Municipal Code section 31-5 under Skate Park Facility Regulations. It is anticipated that the skate park design and construction will be completed within 150 days of the final improvements to the parking structure. The Planning and Building Agency and Public Works Agency have been consulted on this project and will continue to provide guidance during the construction of the skate park. No city funding will be used for this project. STRATEGIC PLAN ALIGNMENT Approval of this item supports the City's efforts to meet Goal #3 - Economic Development, Objective #4 (Continue to pursue objectives that shape downtown Santa Ana into a thriving, culturally diverse, shopping, dining, and entertainment destination). FISCAL IMPACT The $10,000 contribution from East End Realty Partners, LP will be deposited into the Parking Operations Miscellaneous Income revenue account (no. 02710002-57990) for expenditure in the Downtown Enhancements, Building Improvement expenditure account (no. 02710133-66200) in FY 2018-19. APPROVED AS TO FUNDS AND ACCOUNTS: Com, iwaa�;Z Steven A. Mendoza Kathryn Do ns, CPA c; -F, Executive Director Executive Director Community Development Agency Finance and Management Services Agency Exhibits: 1. License Agreement 2. Proposed location and moM092