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Use of City Property – Other Entities37Fiscal Impact Term End Information & OptionsLatino Health Access use of City Property at 601 E Third StAnnual rent of $2. September 22, 2029 with two 10-year extensions exercisable by LHAGround lease only, as LHA owns the building. At the end of the lease, the City becomes owner of the building. If the building is destroyed in whole or part, LHA must restore it. In other words, they can’t transfer half a building to the City.TKO at Jerome CenterNo revenue received per amendment to agreement dated December 6, 2022.September 21, 2023Estimated revenue for exclusive use based on City fee schedule would be approximately $146,000.Delhi Annual rent of $1. September 5, 2040 Ground lease only, as Delhi owns the building. At the end of the lease, City owns the building. If the building is destroyed in whole or part, Delhi must restore it. In other words, they can’t transfer half a building to the City.City library leases space for $3,766 per month (increases by 3% per year)for a term ending February 28, 2033, with two 5-year extensions.Bowers FY25-26 $1,769,950 Maintenance costs paid to Bowers. Increases by CPI each year. City receives $1 per year from Bowers.April 30, 2026 with two 10-year options exercisable by BowersCity & Bowers are to develop a 5-year capital plan for City-funded capital repair and replacement.Conclusion: There are opportunities to increase revenue for the City