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Approve License Agreement with Dyer Business Park, LLC <br />May 21, 2019 <br />Page 2 <br />within a half mile of the property. Two proposals were received and evaluated by staff from the <br />Community Development Agency, Finance and Management Services, and the Planning and <br />Building Agency, based on the appropriateness of the proposed use, financial capacity of the <br />proposing firm, and the proposed license fee. Based on the results of the evaluation, staff <br />recommends awarding the license agreement to Dyer Business Park, LLC. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #3 — Economic Development. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />This agreement will result in revenue of $9,200 per month into the Street Construction — Gas Tax, <br />Rental of Property account (#05917002-57960). The agreement will commence on May 22, 2019 <br />and expire May 21, 2021. The agreement will automatically renew each month thereafter for an <br />additional three years unless a notice to vacate premises is provided by the City or Licensee. The <br />license fee for May 2019 and May 2024 will be prorated. <br />Fiscal <br />SCORE <br />PROPOSER <br />(out of <br />Amount <br />100 <br />APEX Management, Inc. <br />57 <br />Dyer Business Park, LLC <br />80 <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #3 — Economic Development. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />This agreement will result in revenue of $9,200 per month into the Street Construction — Gas Tax, <br />Rental of Property account (#05917002-57960). The agreement will commence on May 22, 2019 <br />and expire May 21, 2021. The agreement will automatically renew each month thereafter for an <br />additional three years unless a notice to vacate premises is provided by the City or Licensee. The <br />license fee for May 2019 and May 2024 will be prorated. <br />Fiscal <br />Accounting Unit— <br />Fund <br />Accounting Unit, Account <br />Amount <br />Year <br />Account # <br />Description <br />Description <br />FY 18-19 <br />05917002-57960 <br />Select Street <br />Select Street Construction — <br />$12,167.74 <br />May -June <br />Construction <br />Gas Tax, Rental of Property <br />FY 19-20 <br />05917002-57960 <br />Select Street <br />Select Street Construction — <br />$110,400.00 <br />July -June <br />Construction <br />Gas Tax, Rental of Property <br />FY 20-21 <br />05917002-57960 <br />Select Street <br />Select Street Construction — <br />$110,400.00 <br />Jul -June <br />Construction <br />Gas Tax, Rental of Property <br />FY 21-22 <br />05917002-57960 <br />Select Street <br />Select Street Construction — <br />$110,400.00 <br />July -June <br />Construction <br />Gas Tax, Rental of Property <br />FY 22-23 <br />05917002-57960 <br />Select Street <br />Select Street Construction — <br />$110,400.00 <br />July -June <br />Construction <br />Gas Tax, Rental of Property <br />FY 23-24 <br />05917002-57960 <br />Select Street <br />Select Street Construction — <br />$107,432.26 <br />Jul -Ma <br />Construction <br />Gas Tax, Rental of Pro ert <br />Total Contract Amount 1 <br />$561,200.00 <br />25F-2 <br />