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<br />. .. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />, . <br /> <br />./ <br />,\ <br /> <br />¿:.?/iJ./ <br /> <br />r'J <br /> <br />, f'y" <br />¡ <br />\.,,!.I. <br />""-~." ' <br /> <br />":,,¡ <br /> <br />f:~(;~ EST FOR ~.íi[ii[Y (,CnON <br /> <br />r:;Erhl\EIJ EY <br /> <br />Executive Director <br />Redeve lopment <br />9-11-79 PHONE ~ <br /> <br />I1ATE OF ÄGENCY ACTION 9-/7- 19 <br />¡?II)' k (/& oAh~4.7ý:'.? (('. <br />(S:Ä'J <br /> <br />lJj,TE <br /> <br />5UßJECT <br /> <br />CONTINUATION OF SOMBRERO <br />STREET LEASE AGREEMENT <br /> <br />APPROVED <br /> <br />~~- <br /> <br />~~ <br /> <br />RECOMMENDED ACTION <br /> <br />Adoption of Resolution 79-26: A RESOLUTION OF THE COMI-IUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA AUTHORIZING THE CHAllUIAN OF SAID AGENCY <br />TO EXECUTE A LEASE AGREElIENT BETWEEN SAID AGENCY AND SOMBRERO STREET, INC., <br />FOR PARKING PURPOSES. <br /> <br />COMMISSION RECOMMENDATION <br /> <br />Not Applicable. <br /> <br />BACKGROUND <br /> <br /> <br />s meet' 9 8 d <br />at t e southwest corner of E1 ht and h Streets <br />a ease W1 SO rero Street, Inc., W1t op on to <br />the lease ~erm. <br /> <br />The property has been acquired and the City Attorney's office has now <br />prepared an ap:,ropriate lease with Sombrero Street, Inc" whl...h will <br />rovide them with sufficient arking to e ure the continued erati n <br />0 e restauran. e U1 ng r y exlSte as ou , <br />vacant: DU1l01ng until Sombrero Street entered into a lease agreement to <br />restore the spanish architecture of the building and to create a first- <br />class, full service restaurant. The 0 ening was dela ed several months <br />because of e re uirements ins ect1on ' . 0 rero treet, Inc., <br />as vlSed Sta a e 0 a COS 0 re ilitating the building and <br />creating the restaurant was Two Hundred Seventy Five Thousand Dollars <br />($275,000), which was far in excess of the original estimate. They <br />presently employ Fifth Five (55) full-time and part-time employees <br />including management personnel, of which 25% are minority. The monthly <br />"ales tax produced by the restaurant is apprximately Twenty Two Hundred <br />!>ollars ($2,200.00). <br /> <br />:he Agency at its meeting of May 29, 1979 considered the adoption of the <br />o'esolution to authorize the execution of the lease. Upon hearing testimony <br />rom the adjoining property owner, who was represente':] by Attorney <br />mest J. Schag, Jr., relative to access to the parking area in rear of <br />I heir buildings, the Agency requested that we qet the parties together <br />," arrange a solution to the problem. The parties have now entered into <br />cross license agreement whereby Sombrero Street will provide vehic'llar <br />. 'cess across the westerly 16.00 feet of the leased property to reach <br />'", parking area of the adjoining property. The adjoining property in <br />"'" has authorized Sombrero street to make use of a portion of northerly <br />'. ÐO feet of their property for the purpose of providing Sombrero Street <br />'cesS to their storage 10:>P1 and providing access to trash containers and <br />:,er equipment owned by Sombrero Street. <br /> <br />~"? Ù>dicating the lease premises and the are"s of the cross license agreerœnt is <br />\~ched. The lease provides s""stantially as follows: <br /> <br />"2.~ <br /> <br />n^ <br />- tt <br />