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HomeMy WebLinkAboutResolutions - No. 2020-170RESOLUTION NO. 2020-170 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE LEASE OF CITY PROPERTY LOCATED AT 111 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-to-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 Index 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 IT 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 IT FURTHER RESOLVED, pursuant to Section 6.3q of the City Council Protocol Manual (adopted 11/6/19, 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 t Cti Gam'✓�i�, JENNIFER CUSMIR City Clerk 2020-170