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Agreement with Republic Services for Use of City -Owned East Alton Avenue Lot <br />December 7, 2021 <br />Page 2 <br />FISCAL IMPACT <br />This agreement will result in revenue of $13,750 per month into the Select Street <br />Construction, Rental of Property revenue account (No. 05917002-57960). The agreement <br />will commence on December 20, 2021 and expire on September 20, 2022. The <br />agreement will automatically renew each month thereafter for an additional two months <br />unless a notice to vacate premises is provided by the City or Licensee. The revenue will <br />be used for the Alton at SR-55 freeway project. <br />Fiscal Year <br />Accounting <br />Fund <br />Accounting <br />Amount <br />Unit — <br />Description <br />Unit, Account <br />Account # <br />Description <br />Select Street <br />2021-2022 <br />05917002- <br />Select Street <br />Construction, <br />$963250 <br />(Dec -June) <br />57960 <br />Construction <br />Rental of <br />Property <br />Select Street <br />2022-2023 <br />05917002- <br />Select Street <br />Construction, <br />$411250 <br />(July -Sept) <br />57960 <br />Construction <br />Rental of <br />Property <br />Select Street <br />2022-2023 <br />05917002- <br />Select Street <br />Construction, <br />$27, 500 <br />Oct -Nov* <br />57960 <br />Construction <br />Rental of <br />Property <br />Total Contract Amount <br />1 $165,000 <br />*Optional term if monthly renewal is automated for maximum agreement term <br />EXHIBIT(S) <br />1. Location Map <br />2. Agreement with Republic Waste Services of Southern California, LLC DBA Republic <br />Services <br />Submitted By: Nabil Saba, Executive Dir Public Works <br />Approved By: Kristine Ridge, City Manager <br />