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HomeMy WebLinkAboutResolutions - No. 2022-96RESOLUTION NO. 2022-96 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE LEASE EXTENSION NO. 1 WITH THE VILLAGE ADULT DEVELOPMENTAL AND COMMUNITY CENTER, LOCATED AT 25 EAST PINE STREET WHEREAS, on March 28, 2018, the City entered into a lease agreement with The Village Adult Developmental and Community Center (The Village) for the property located at 25 East Pine Street; and WHEREAS, the tenant originally agreed to pay $2,472.50 per month for the first six months of the lease term, and $2,687.50 per month thereafter; and WHEREAS, the lease extension includes a five-year term of the agreement through April 30, 2027, a lease rate of $2,687.50 per month, and the option for The Village to terminate the lease prior to the five-year expiration; and WHEREAS, to exercise the termination option, the tenant must be in good standing under the terms of the agreement and deliver a written notice of termination 60 days prior to end of termination date; and WHEREAS, staff recommends authorizing the City Manager to execute Lease Extension No. 1 with The Village Adult Developmental and Community Center, located at 25 East Pine Street. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute Lease Extension No. 1 with The Village Adult Developmental and Community Center, located at 25 East Pine Street; 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: April 20, 2022 I hereby certify that Resolution No. 2022-96 was passed and adopted by the City Council of the City of Lodi in a regular meeting held April 20, 2022 by the following votes: AYES: COUNCIL MEMBERS — Hothi, Khan, Kuehne, Nakanishi, and Mayor Chandler NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None owvdl� OLIVIA NASHED City Clerk 2022-96