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Approve License Agreement with K&C Logistics LLC <br />December 1, 2020 <br />Page 2 <br />month thereafter for an additional three years unless a notice to vacate the premises is provided <br />by the City or Licensee. <br />Fiscal Year <br />Accounting Unit <br />Fund <br />Accounting Unit, Account <br />Amount <br />— Account # <br />Description <br />Description <br />FY 2020-21 <br />05917002-57960 <br />Select Street <br />Select Street Construction, <br />$30,800 <br />Dec -June <br />Construction <br />Rental of Property <br />FY 2021-22 <br />05917002-57960 <br />Select Street <br />Select Street Construction, <br />July -June <br />Construction <br />Rental of Property$52,800 <br />FY 2022-23 <br />05917002-57960 <br />Select Street <br />Select Street Construction, <br />July -June <br />Construction <br />Rental of Property$52,800 <br />FY 2023-24 <br />05917002-57960 <br />Select Street <br />Select Street Construction, <br />July -June <br />Construction <br />Rental of Property$52,800 <br />FY 2024-25 <br />05917002-57960 <br />Select Street <br />Select Street Construction, <br />July -June <br />Construction <br />Rental of Property$52,800 <br />FY 2025-26 <br />05917002-57960 <br />Select Street <br />Select Street Construction, <br />$22,000 <br />July -Nov <br />Construction <br />Rental of Property <br />Total <br />$264,000 <br />Fiscal Impact Verified By: Kathryn Downs, CPA, Executive Director — Finance and Management <br />Services Agency <br />Submitted By: Nabil Saba, P.E., Executive Director— Public Works Agency <br />Exhibit: 1. License Agreement <br />25F-2 <br />