HomeMy WebLinkAboutAgenda Report - August 5, 2020 C-13AGENDA ITEM c-l 5
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AGENDA TITLE:
MEETING DATE:
PREPARED BY:
Adopt Resolution Authorizing City Manager to Execute Lease of City Property
Located a1111 North Stockton Street
August 5,2020
Public Works Director
RECOMMENDED ACTION Adopt resolution authorizing City Manager to execute lease of City
property located at 111 North Stockton Street.
BACKGROUND INFORMATION: On May 20,2020, Staff requested Council direction regarding the
lease for 111 North Stockton Street (CrossFit Lodi) because they
were operating month-to-month under an expired lease term.
Concurrently, the Community Partnership for Families of San Joaquin had expressed interest in this
location because their lease was expiring soon. At that meeting, a representative from the Community
Partnership for Families of San Joaquin advised they did not want to displace an existing business
(CrossFit Lodi) and expressed stronger interest in sharing the building currently occupied by Lodi Adopt-
A-Chitd.
Council directed Staff to proceed with preparing a new lease agreement with CrossFit Lodi at the 111
North Stockton Street location and to facilitate discussions between LodiAdopt-A-Child and Community
Partnership for Families of San Joaquin to determine if these two non-profit organizations could agree to
work out of the same building space. Staff continues to pursue this direction.
The proposed lease agreement includes a starting lease rate of $1 ,825 per month for the first full 12
months, followed by yearly rent adjustments based on the annual change in Consumer Price lndex for all
Urban Consumers from San Francisco-Oakland-Hayward California area. Based on research conducted
by Staff, the initial monthly rate is consistent with the market rate for buildings of this type and location
and is acceptable to the new owners of CrossFit Lodi. The initial term of the lease extends through
August 31,2022, with the provision for one, two-year extension, if mutually agreed upon by the City and
CrossFit Lodi.
FISCAL IMPACT Proceeds from this lease will be directed to the Parks, Recreation, and
Cultural Services Fund.
FUNDING AVAILABLE: Not applicable
Charles E. Swimley,
Public Works Director
CES/CES/tc
Attachment
APPROVED
K:\WP\COUNCIL\2020\CC Lease 111 N Stockton St.doc
en uer, City Manager
7124t2020
RESOLUTTON NO. 2020-170
A RESOLUTION OF THE LODI CITY COUNCIL
AUTHORIZING THE CITY MANAGER TO EXECUTE LEASE OF
CITY PROPERTY LOCATED AT 1 11 NORTH STOCKTON STREET
WHEREAS, on May 20, 2020, staff requested Council direction regarding the lease for
111 North Stockton Street (CrossFit Lodi) because they were operating month{o-month under
an expired lease term; and
WHEREAS, Council directed staff to proceed with preparing a new lease agreement with
CrossFit Lodi at the 111 North Stockton Street location; and
WHEREAS, the proposed lease agreement includes a starting lease rate of $1,825 per
month for the first full 12 months, followed by yearly rent adjustments based on the annual
change in Consumer Price lndex for all Urban Consumers from San Francisco-Oakland-
Hayward California area; and
WHEREAS, staff recommends that the City Council authorize the City Manager to
execute the lease of City property located at 111 North Stockton Street.
NOW, THEREFORE, BE lT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to execute the lease of City property located at 111 North Stockton
Street for the term of September 1 , 2020 to August 31, 2022; and
BE lT FURTHER RESOLVED, pursuant to Section 6.3q of the City Council Protocol
Manual (adopted 1116119, Resolution No. 2019-223), the City Attorney is hereby authorized to
make minor revisions to the above-referenced document(s) that do not alter the compensation
or term, and to make clerical corrections as necessary.
Dated: August 5,2020
I hereby certify that Resolution No. 2020-170 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held August 5,2020, by the following vote:
AYES: COUNCIL MEMBERS - Chandler, Nakanishi, and Mayor Kuehne
NOES: COUNCIL MEMBERS - Mounce
ABSENT: COUNCIL MEMBERS - None
ABSTAIN: COUNCIL MEMBERS - None tu
NI
City Clerk
2020-170
CUSMIR