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<br />Lease Agreement with State of <br />California EDD - The Depot at S.A. <br />October 3, 2005 <br />Page 2 <br /> <br />FISCAL IMPACT <br /> <br />The City will receive the initial amount of $79,320 annually, with rental <br />amounts increasing to an annual amount of $89,388 or up to $421,788 over <br />the full term of the Lease Agreement. Funds received will be deposited <br />into Rental-State of California EDD Revenue Account (account no. 067-01- <br />5506) . <br /> <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />patricia C. Whitaker <br />Executive Director <br />Community Development Agency <br /> <br />;/ ';J /1) <br />(!j~~ rJ L-/tULJW~J <br /> <br />~ranci~co G~tierrez f0 <br />Executlve Dlrector <br />Finance & Management Services Agen~~ <br /> <br />PCW/CF/LS/mlr <br /> <br />H:\ACTIONS\200S CC\LeaseAgreewithStateofCaliforniaEDD-DePOT lO-3-0S.doc <br /> <br />25K-2 <br />