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HomeMy WebLinkAbout25E - LEASE OF OFFICE SPACE REQUEST FOR COUNCIL ACTION ~ ~ CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: JANUARY 3, 2006 TITLE: APPROVED o As Recommended o As Amended o Ordinance on 1st Reading o Ordinance on 2nd Reading o Implementing Resolution o Set Public Hearing For ~"O AMENDMENT TO LEASE AGREEMENT WITH PARKGATE CENTER LP FOR PARKS, RECREATION AND COMMUNITY SERVICES AGENCY AND COMMUNITY DEVELOPMENT AGENCY WORKFORCE INVESTMENT OFFICES . ) "tc._ .j) J-<u . CITY MANAGER CONTINUED TO ~.,--._'".,-"-.-,---,.-..... FILE NUMBER RECOMMENDED ACTION Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute an amendment to the agreement with Parkgate Center LP for the lease of office space at 888 West Santa Ana Boulevard for the Parks, Recreation and Community Services Agency and the Community Development Agency, extending the term of the agreement three additional years with two one-year options in an amount not to exceed $203,997.60 per year for the first three years. DISCUSSION The Parks, Recreation and Community Services Agency has been leasing office space at 888 West Santa Ana Boulevard for ten years. The lease is expiring on May 31, 2006. The current location is easily accessible to the public and the agency is requesting the lease be extended for an additional three years. The current base rental rate at this location is $17,517.35 per month for 11,724 square feet. The new rate will be $16,999.80 per month for the first three years. At the end of three years, if the City elects to request a two-year extension option, the increased monthly rate will be $17,468.76 for the first year and $17,992.76 per month for the second year. The Community Development Agency's Workforce Investment Board staff has been sharing office space with the Parks, Recreation and Community Services Agency for the past two years, and has requested to continue this arrangement. A new Recreation Center along with permanent headquarter offices is being planned at Memorial Park. This process will take approximately three years to plan, design and construct. 25E-1 Lease Agreement for PRCSA Offices January 3, 2006 Page 2 FISCAL IMPACT Funds are available in the Administrative Services Lease Payment account (account no. 11-231-6294) and in Community Development Agency accounts (account nos. 123-183-6294, 123-184-6294, and 123-185-6294) APPROVED AS TO FUNDS AND ACCOUNTS: 6:;;:-;;!:/(~ Executive Director Parks, Recreation and Comm 'ty Services Agency . . \\ ~,..' / '::\ \\ ~ ',," '\. ~ L:~CL' " \ ~\ \..1-.....\ r_ Francisco Gutierrez f~. E~ecutive Director ~ Flnance & Management Svcs. Agency patricia C. Whitaker Executive Director Community Development Agency 25E-2