HomeMy WebLinkAbout25F - BUS BAYS & OFFICE SPACE
CITY COUNCIL MEETING DATE:
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REQUEST FOR
COUNCIL ACTION
CLERK OF COUNCIL USE ONLY:
FEBRUARY 21, 2006
TITLE:
APPROVED
LEASE AGREEMENT WITH
GREYHOUND LINES, INC.
o As Recommended
o As Amended
o Ordinance on 151 Reading
o Ordinance on 2nd Reading
o Implementing Resolution
o Set Public Hearing For
r1d7a-
CITY MANAGER
CONTINUED TO
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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 Greyhound Lines,
Inc. for bus bays and office space at The Depot at Santa Ana.
DISCUSSION
In 1985, Greyhound Lines, Inc. and The City of Santa Ana entered into an
agreement for bus bays and office space at The Depot at Santa Ana. In
order to continue this relationship, Greyhound Lines, Inc. has requested a
new 5-year lease agreement with options to extend at the sole discretion
of the City.
The lease agreement would be for Suite 105 plus bus bays 4, 5, and 6. The
total office space leased by Greyhound Lines, Inc. will be 1,180 square
feet. The starting monthly compensation rate for the lease agreement will
be sixty-four hundred dollars ($6,400) a month with automatic annual
adjustments, which will be due and payable the second and fourth years.
The continued lease agreement with Greyhound Lines, Inc. at The Depot will
result in revenues of at least $76,800 annually and will ensure continued
Greyhound Lines, Inc. bus services at The Depot at Santa Ana.
25F-1
Lease Agreement with Greyhound
Lines, Inc.
February 21, 2006
Page 2
FISCAL IMPACT
The City will receive $76,800 annually. Funds received will be deposited
into The Depot at Santa Ana revenue account for Greyhound Lines, Inc.
(account no. 067-01-5494).
APPROVED AS TO FUNDS AND ACCOUNTS:
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-,~Franci~co G~tierrezfJ'
'D Executlve Dlrector .
Finance & Management Services Agency
Patricia C. Whitaker
Executive Director
Community Development Agency
PCW/CKF/mlr
H:\ACTIONS\2006 CC\LeaseAgreeGreyhound-CruceroUSALLC 2-21-06.doc
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