My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Item 40 - Appropriation Adjustment and Lease Agreement with Aldridge Electric, Inc.
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2024
>
02/20/2024
>
Item 40 - Appropriation Adjustment and Lease Agreement with Aldridge Electric, Inc.
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/28/2024 4:54:52 PM
Creation date
2/28/2024 4:54:22 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
40
Date
2/20/2024
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
19
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Public Works Agency <br />www.santa-ana.org/public-works <br />Item # 40 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />February 20, 2024 <br />TOPIC: Lease Agreement for Office Space at the Santa Ana Regional Transportation <br />Center <br />AGENDA TITLE <br />Approve an Appropriation Adjustment and Lease Agreement with Aldridge Electric, Inc. <br />for Office Space at the Santa Ana Regional Transportation Center for a One-Year Term <br />with Twelve One-Month Extensions for a Total Revenue Amount of $283,944 (Non- <br />General Fund) <br />RECOMMENDED ACTION <br />1. Authorize the City Manager to execute a site lease agreement with Aldridge <br />Electric, Inc. for the lease of 2,041 square feet of office space located at the <br />Santa Ana Regional Transportation Center for a one-year term beginning on <br />February 20, 2024 through February 19, 2025, for a total of $283,944 in lease <br />revenue for the entire term of the agreement, including optional extensions <br />(Agreement No. A-2024-XXX). <br />2. Approve an appropriation adjustment recognizing Fiscal Year 2023-24 lease <br />income in the amount of $44,558 into the SARTC Operations, Rental-Aldridge <br />Electric revenue account and appropriating the same amount into the SARTC <br />Operations, Contractual Services expenditure account. (Requires five affirmative <br />votes) <br />GOVERNMENT CODE §84308 APPLIES: Yes <br />DISCUSSION <br />The Santa Ana Regional Transportation Center (SARTC) is a regional transportation <br />hub that brings together Amtrak, Metrolink, Orange County Transportation Authority <br />(OCTA), interstate bus services, and in the future, the OC Streetcar. The facility is open <br />to the public seven days a week from 5:00 a.m. to midnight and contains approximately <br />35,000 square feet of rental space, including ten bus bays. <br />The OC Streetcar is the first modern streetcar project to be built in Orange County. It <br />will service Santa Ana’s historic downtown, which includes federal, state, and local <br />courthouses; government offices; colleges; an artists’ village; and a thriving restaurant
The URL can be used to link to this page
Your browser does not support the video tag.