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HomeMy WebLinkAbout25I - EL FAISON MARKET LEASE CITY COUNCIL MEETING DATE: ~ ~ REQUEST FOR COUNCIL ACTION CLERK OF COUNCIL USE ONLY: OCTOBER 17, 2005 TITLE: APPROVED LEASE AGREEMENT WITH JAVIER AND MILENA MARIN, DBA EL FAISON FOR THE USE OF THE EL FAISON MARKET FACILITIES o As Recommended o As Amended o Ordinance on 1" Reading o Ordinance on 2,d Reading o Implementing Resolution o Set Public Hearing For (\ '. !/lJJ7::z.< CITY MANAGER CONTINUED TO FILE NUMBER RECOMMENDED ACTION Direct the City Attorney to prepare and authorize the City Manager and the Clerk of the Council to execute a Lease Agreement with Javier and Milena Marin, dba EI Faisan, for use of the EI Faisan Market Facilities. DISCUSSION On June 20, 2005, the City Council authorized the City Manager and the Clerk of the Council to execute a month-to-month agreement with Javier and Milena Marin (Marins), dba EI Faisan, for continued use of the E1 Faisan Market Facilities. After careful consideration of the month-to- month lease agreement by the Marins, they expressed their desire to enter into a longer-term agreement. Therefore, staff and the Marins are recommending a six-month lease agreement. FISCAL IMPACT The City will receive $36,000 annually. Funds received will be deposited into the Downtown Maintenance Fund (account no. 407-01-5804). APPROVED AS TO FUNDS AND ACCOUNTS: <:L~ !WL~ ~~~~""h\ ~:.\:. Francisco Gutierrez J Executive Director f Finance & Management Services Ag']:CY patricia C. whitaker Executive Director Community Development Agency PCW/DM/mlr H:\ACTIONS\200S CC\LeaseAgreeEL Faison Market Facilities 10-17 OS.doc 251-1 - 251-2