HomeMy WebLinkAboutAgenda Statement 1985/01/29 Item 8 COUNCIL AGENDA STATEMENT 8
Item
Meeting Date 1/29/85
ITEM TITLE: Resolution // 9/ Approving tease Agreement between the City of Chula
Vista and Assemblyman Steve Peace for the leasing of office space
(4/5ths Vote: Yes NoX
SUBMITTED BY: Assistant City Manager 9)-----
REVIEWED BY: City Manager ir
The lease agreement between the City and Assemblyman Steve Peace forsSuagreement thes A Legislative Office Building expired on November 30, 198
been executed in behalf of Assemblyman Peace by the Chief Admi:nistrative Officer of the
Assembly Rules Committee and is ready for City Council approval .
RECOMMENDATION: Adopt resolution approving lease agreement.
DISCUSSION:
Assemblyman Peace leases Suite B in the Legislative Office_ Build nng, which cons wtslof
approximately 1450 square feet. Under terms of the new lease, monthly
continue at the existing rate of $915.04 per month until December 1 , 1985, when it will
be necessary to negotiate a monthly rental for the period of December 1 , 1985 through
November 30, 1986.
Assemblyman Peace requested that the rent remain ati State o monthly rate for
has opted the period of
December 1 , 1984 through November 30, 1985 because t
overall expenditures by some 30%. The per square foot rental that will be received at the
$915.04 monthly rate is approximately comparable to the rate paid by Congressmen Bates
and Hunter, and Senator Deddeh.
FISCAL IMPACT: Gross annual rent for the period December 1 , 184_ No service 1985gwill
generate $10,980. Estimated expenses for utilities, janitorial
maintenance total approximately $4,640 for Assemblyman Peace's pro-rated share of the
Legislative Office Building space, leaving a net income to the City of approximately
$6,340. Net income to the City for the second year will be approximately the same
dependent upon the new negotiated rent for the second year.
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Chula Vista, t ahhfoe nia
Dated
Form A-113 (Rev. 11/79)