Loading...
HomeMy WebLinkAboutAgenda Report - September 5, 1984 (79)r s� .IM:CMNCIL,:IKEUING > SMEMBER 5,` .19 1 RB4LM9r FRM Council was apprised by City Clerk Reimche that for marry 9(LTIO N PACIFIC years the City of Lodi has leased a parcel of land located at M INCREASE RFAgr the corner of Sacrwrnto and Elm Streets which parcel is used CN PARKING L r as a parking lot. i BEIWEEN F.IM AND PINE SI1tiEr The City becanx- involved with the property through an offort to solve a problem of mutual concern to the Southern Pacific and the citizens of Lodi. the unsightly condition of the property. The Southern Pacific Caq)any benefited from this agreement by being re 1 i eved of the maintenance prof; l ems it was experiencing with the property and the City justified the expenditure of fuTAs to inprove the property on the basis that the pubiie would receive some benefit by using the lot for parking. Over the years the mount of the yearly rental for the par -el was negotiated to represent the approximate anourt of property tax charged to the property. The City has. since January 1. 1975, paid an annual rental of $650.00 for the property. Letters have been received from the Southern Pacific Land Caipany proposing that the rental for this prc.;)erty be increased to $1,950.00 per annum effective October 1. 1984 and to $3.500.00 per annum effective October 1. 1985. I? is further proposed that all othe, terms and conditions of the lease remain the same. City Manager Gloves gave additional information regarding the matter arni resporAed to questions. A lengthy discussion followed with questions regarding the subject being directed to Staff. On motion of Council Member Olson. Hirschman second. Council referred the matterr to Staff for review and recom nidation. TO THE CITY COUNCIL FROM: THE CITY MANAGER'S OFFICE SUBJECT: Southern Pacific I.ancl O pany Request to increase rent on parking lot between Elm and Pine Street CC;ZNCIL COA' MUNICATION40 DATE 1NO. August 31, 1984 For many years t l;.^ City of Lodi has lensed it parcel of land located at the eornr)r of Sneramento and trim Streets which parcel is used as it parking lot. nw City became invo, vee with the prolwrty through an effort to solve a prob 1 en of rtu t ua 1 concern to the Southern Pai c i f i c and the c. i t i zens of Lodi. the unsightly condition of the property. 'rhe Southern Pacific Carpany benefited f ran this agreement by tieing re 1 i evcr<i of the rrri i nt enance prob l erns it wr+s expo r i enc i ng with the p rce re r t y and the Cit y justified the c r xpend i t ure of fur ds to improve the property on the basis that the public would receive sane benefit by using the lot for parking. Over the years the w-ount of the yearly rental for the parcel was negotiated to represent the approximate wynint of property tax charged to the property. The City has, since January 1, 1975, paid an annual rental of $656.00 for the p:r%p rty. I.e t t e rs have been received from the Southern Pa c i f i c l.ruxi Conpany proposing t ha t the rental for this property be increased to $1,950.00 per annizn effective October 1, 1984 and to $3,500.00 per rrruiun effective October 1, 1985. It is further proposed that all other terms and conditions of the lease rertAin the Same. t— 7%11ce N. Rei niche City Clerk /07N r soudlem P=•#Fc- I V E D Lord �otnpa��vQ4 Ath 21 M 8- 42 5108 L Clinton way • Suite US • Freak California 93727 • (M 453.9232 REAL ESTATE ALICE M. Nt-tiMCHE CIT Y CLERK l» ..n.r rLSA.e ..rn h August 20, 1984 Lodi -City of Lodi -LT U. S. CERTIFIED MAIL The Hc,norable Fred M. - eid Mayor's Office City of Lodi 221 West Pine Street Lodi, CA 95240 Dear Mayor Reid: In May, ;southern Pacific paid it's assessment for the Downtown Beautification Project and has recently granted the City of Lodi a Beautification Easement free of charge. By letter of March 2, 19e3, copy attached, we indicated rental under the existing City parking lease is considerably low and feel it should be increased. I propose that the rental under Lease Audit No. 104126 be increased to $1,950 per annum effective October 1, 1984, and to $3,500 per annum effective October 1, 1983. All other terms and conditions of the lease will remain the same and our billing records will be changed accordingly. I trust the City can understand the necessity of this in- crease in rental. Very truly yours, Attachment 6outhem Rmofir, Y I MW C=np=r3F Scuftffl Pad eurlding . one Atoka! Wase . San Francisco. Caii}aania 94105 • (415) 511-1000 REAL ESTATE a. A. OWTVIM f� M DM4r K{AM norm w •N6 ""IOI«f AM 6a«MML M"O" March 2 1983 •, a. rues A"4"Wes t6 .168 "es."NT ►. o*«tab"a" « Lodi -City of (LT) o •N•a AMa H 66«6"L A..M. DML MI." The Honorable Fred Reid Mayor's Office City of Lodi 22 West Pine Street Lodi, CA 95240 Dear Mayor Reid: As you know, we have been pleased to discuss with the Downtown Development task fcrce the Cit; of Lodi's plans for a broad improvement program that will benefit downtown commerce and the community as a whole. We are carefully considering the inclusion of our station property, Including 17,490 square feet now used by the City for parking. The parking arrangement is covered by a toker, lease of $650 per annum, which just about offsets the tax we pay on the property. This rental has not changed since 1975 and is far below fair rental value. As we become more involved in the City's plan for downtown development, we feel that use of our property should appropriately produce some benefit beyond a tax offset and provide a reasonable rate of return. :Whether or not an improvement district moves forward, we feel the property now used by the City for parking should rent for more than $7,000 per annum. We recognize the City may not wish to underwrite that amount for public parking, but we have been offerini; this community assistance since 1954. As an Interim measure, we ws.nt to kscrease the rental on a graduated besis to brim the lease cheer to an appropriate return; 4:1,950 per annum for 1984, only a 3.7 percent return, and $3,500 in 1985. In accord with our discussions with the downtown improvement task force, we will do all we can to promote commercial development of our property. Will the City please say if this new rental schedule for the leased parking area Is acceptable. Sincerely, _���FZ -.?S• p/4 r^q p:f Y1^, ��y�p�qy . . � aw 'ii i Jl{! � l.�.v�{ 4 :^`M., �i'fi'. G ,.�?v�'V.`,�T jt7l<.... ':��` �yy�+,y�,�,`.. ...•,�...... ,.. � i?SR�T.�` sY. ^. '�i {�(51i�^'. s.3`�'�:,fr,' ''�E�..'�*X' .. ,, 1.), : �_. �� • _ b'�'Y�iF'+53'!Ct es'; �.. '?qi(�'_,r�._.=4�� 57.... `ll;., >.. ,._•:�'^f'� /.A /YT/IN NANA.Its. A/A♦ 1.07414 M. /. M[/ICM 4 0010TANT YA'NAfa/. *RAJ, //TAte C. W. JONN/OM A.N.TANT TO YAIY../, *.AL //TAT/ �oUthem R=MC Land Company One Market Street A San Franclsc% California 94103 • (413) 362-1212 REAL ESTATE October 22, 1974 City of Lodi City Itill 221 West Pine Street Lodi, California 95240 Attn: tris. Alice M. Reimche, City Clerk Gentlemen: /N N/ILT eblA.a N/I// TO TO. I i woT Please refer to your letter dated October- 21, 1974, regarding Southern Pacific. Transportation Company Lease Audit No. 104126 which covers premises located at Lodi, California, for public parking purposes. Attached is a fully executed counterpart of supplemental agreement to the above lease increasing rental to $6S0 per wu= t: ective Jaauary 1, 1975. If you have any questions in this matter, please contact Mr. J. B. Horstman of AW staff on extension 21109. Sincerely* yosr*, �djtI4�act"(-, Attachment MKJ t Shu . k, d a••r r . .. ., THIS SUPPLEMENTAL AGREEMENT, elated this 22nd day of October I %4 , by and between SOUTHOONPACIFIC TRANS- PORTATION COMPANY, successor by merger to SOUTHERN PACIFIC COMPANY, a corporation. herein called "Railroad", and CITY OF LODI, a N icipal corporation of the State of California, - - - - - - - - - - - - - - - - - - - - herein called "Lessee"; RECITALS: Predecessor in interest to Railroad and Lessee _ entered into that certain lease dated the 30th day of as amended by agreement dated December 19, 1954, April , 1954 ,/whereby Railroad leased to Lessee a certain potion of Railroad premises located at or near Lodi County of Sari Joaquin State of Californ" , as illustrated on the print attached thereto for the purposes therein specified. again The parties vsWdesire to amend said lease as herein- after provided. AGREEMENT: Effective the lot day of January 1973 , rental for " as wale d • Railroad's premises, subject of said recited lease, Ahall be in- creased to the sum of Six Hundred Fifty Dollars ($00.00 ) per aanuaa, payable annua Uy in aftancte. Except us herein otherwise provided, all texas and conditions of said recited lease shall continue in full force and effect. artied hereto have eased IN WITNESS WHEREOF, the p � this supple- _ to be executed mental agreementlin duplicate as of the day and year first hereinabove written. SOUTHERN PACIFIC TRANSPORTATION COMPANY, successor by merger to SOUT4$RN PAC441C COMPANY, By I ] C. W. Jok P4 46e �I'i'Y LODZ i VA, M., AV CITY COUNCIL )OHN R (Randv) SNIDER. Mavor DAVID M HINCHMAN Mavor Pro Tempore EVftYN M WON IAMfS W PINKERTON. It ERFD M REID CITY OF LORI CITY HALL, 221 WEST PINE STREET POST OFFICE- BOX 320 LODI. CALIFORNIA 95241 (209) 334-5:,34 September 6. 1984 Southern Pacific Land Comp"ny 5108 E. Clinton Way, Suite 118 Fresno, CA 93727 Attention: J. B. Horstman, District Manager Re: Lodi -City of Lodi -LT Dear Mr. Horstman: HENRY A GLAVES. it C 1tv Manager MICE M REiMCHf City Clerk RONALD M STEIN City Attorney The City of Lodi is in receipt of your August 20, 1984 letter proposing a rental in,�rease to the City of Lodi, for the use of Southern Pacific Land Company's parking lot between Elm trod Pine Street, increasing from the pr -sent $650 per annum rental, to $1,950 per annum rental, effective October 1, 1984 and to $3,500 per annum rental, effective October 1, '.985. 1 was directed by the f-ity Council to contact your office to disct3ss the possibility of entering into a long term lease for said premises. I understand that we did sign the lease in 1954, however, the Council is concerned that, at a minimum, we should rev{se and update said lease.. Further, it was the :Council's thought that we should explore the possibility of having a 5 -year lease. As you are aware, the City, as a municipality. must concern itself with long-range budgetary planning, and Council felt it would be prudent for us to know what we ar,- looking at in costs o�rer a 5 -year period as far as rental of this particular parcel. A second area that the Council asked me to pursue with Southern Pacific Land Company is the possibility of the City using the subject property for permit parking for a fee, and whether there are any constraints that your Company is aware of to prevent doing same under our present lease. In view of the above, I would appreciate your contacting me at your earliest convenience so that we can begin discussion regardii,g this matter. Sincerely yours, RONALD 111. STE IN CITY ATTORNEY Ri1IS :. v c �QC ' CITY COUNCIL JOH*t R. (Rar0y) SNIDER. Mayor DAVID M. HINCHMAN Maya Pro Tempore EVELYN M. OLSON JAMES W PINKFRTON. It FRED M REID CITY 0 LODI CITY HALL. Til WEST PINE STREET POST OFFICE BOX 320 LODI. CALIFORNIA 95241 (209)334-5534 Septet-ber 10, 1984 t_'; HENRY A. GLAVES. It. City Man&$" ALICE M. REIMCHE City Clerk RONALD M. STEIN City Attomev Mr. J. B. Horstman District hbnager Southern Pacific Land Caq>any 5108 East Clinton Way, Suite 118 Fresno, Q& 93727 Dear Mr. Horstman: Please be advised that your letter concerning a proposed increase of the lease of a parking lot that the City has leased for a period of years was presented to the Lodi City Cameo at its regular meeting of September 5, 1984. A lengthy discussion followed regarding this proposed rental increase and the Ctxau:il referred the matter to Staff for nevi e`s and recarnrenda t i on. We will keep you apprised as to the developments in this request. Should you have any questions regardinC the matter, please do not hesitate to call this office. Very truly yours. &&t' ;k - omwZ_'..' Alice M. Reimche City Clerk MR: j j Y��.'�A��'uM"'l� ?d �p r �f+: �r����S'r TYa��!i`dT�rhui'fifw i,d:ra.•. .i' .: ,�. � .: .. ,Y . ,�i _. �. �.:�.�.,���f . �•:r.:.., i�.�i a..:�.. o•�.,.- sofa.:t�.ID. +i+..iJr�vwa..�awiswwa::+rr3ax. �6�i<c ....'•rwaaa<.. CITY COUNCIL HENRY A CLAVES 1. City Mana{er JOHDAVID M. HINCMMAIV R. (Randy) SNIDER, Maya CITY O F L O D I ALICE M. REIMCHE DAVI Mayor Pro Tempore CITY HALL. 221 WEST PINE STREET City Clerk EVELYN M OLSON POST OFFICE BOX 32.i RONALD M. STEIN LAMES W PINKERTON, Ir LODI, CALIFORNIA 95241 City Attorney FRED M REID (209) 334-5634 September 10, 1984 Mr. J. H. Horstman Dlstrtct Manager Southern Pacific band Company 5108 East Clinton Way, Suite 118 Fresno, CA 93727 Dear Air. Horstman Please be advised that your letter concerning a proposed increase of the lease of s parking lot that the City has leased for a period of years was presented to the Lodi City Commit at its regular meeting of Septwber 5, 1984. A lengthy discussion followed regarding this propesod rental increase and the Council referred the matter to Staff for review and recciurm dation. We will keep you apprised as to the developmnts in this request. Should you have any questions regarding the matter, please do not hesitate to call this office.. Very truly yours, &&�;k . IOMC4� Al ice M. Re id -1w City Clerk