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25E - LEASE OF OFFICE SPACE
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25E - LEASE OF OFFICE SPACE
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Last modified
1/3/2012 4:49:14 PM
Creation date
12/28/2005 11:47:27 AM
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City Clerk
Doc Type
Agenda Packet
Item #
25E
Date
1/3/2006
Destruction Year
2011
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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br />~ <br />~ <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />JANUARY 3, 2006 <br />TITLE: <br /> <br />APPROVED <br /> <br />o As Recommended <br />o As Amended <br />o Ordinance on 1st Reading <br />o Ordinance on 2nd Reading <br />o Implementing Resolution <br />o Set Public Hearing For <br /> <br />~"O <br /> <br />AMENDMENT TO LEASE AGREEMENT <br />WITH PARKGATE CENTER LP FOR <br />PARKS, RECREATION AND <br />COMMUNITY SERVICES AGENCY AND <br />COMMUNITY DEVELOPMENT AGENCY <br />WORKFORCE INVESTMENT OFFICES <br /> <br />. ) <br /> <br />"tc._ .j) J-<u . <br />CITY MANAGER <br /> <br />CONTINUED TO <br /> <br />~.,--._'".,-"-.-,---,.-..... <br /> <br />FILE NUMBER <br /> <br />RECOMMENDED ACTION <br /> <br />Direct the City Attorney to prepare and authorize the City Manager and <br />Clerk of the Council to execute an amendment to the agreement with Parkgate <br />Center LP for the lease of office space at 888 West Santa Ana Boulevard for <br />the Parks, Recreation and Community Services Agency and the Community <br />Development Agency, extending the term of the agreement three additional <br />years with two one-year options in an amount not to exceed $203,997.60 per <br />year for the first three years. <br /> <br />DISCUSSION <br /> <br />The Parks, Recreation and Community Services Agency has been leasing office <br />space at 888 West Santa Ana Boulevard for ten years. The lease is expiring <br />on May 31, 2006. The current location is easily accessible to the public <br />and the agency is requesting the lease be extended for an additional three <br />years. The current base rental rate at this location is $17,517.35 per <br />month for 11,724 square feet. The new rate will be $16,999.80 per month for <br />the first three years. At the end of three years, if the City elects to <br />request a two-year extension option, the increased monthly rate will be <br />$17,468.76 for the first year and $17,992.76 per month for the second year. <br />The Community Development Agency's Workforce Investment Board staff has <br />been sharing office space with the Parks, Recreation and Community Services <br />Agency for the past two years, and has requested to continue this <br />arrangement. <br /> <br />A new Recreation Center along with permanent headquarter offices is being <br />planned at Memorial Park. This process will take approximately three years <br />to plan, design and construct. <br /> <br />25E-1 <br />
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