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HomeMy WebLinkAboutrda min 1986/01/28 MINUTES OF AN ADJOURNED REGULAR MEETING OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA Tuesday, January 28, 1986 Council Chamber 8:45 p.m. public Services Building ROLL CALL MEMBERS PRESENT Chairman COX; Members Malcolm, Moore, Scott, McCandliss MEMBERS ABSENT None STAFF PRESENT Executive Director Goss, Agency Attorney Har ron, Communi ty Development Director Desrochers 1. RESOLUTION NO. 657 AUTHORI ZING AN EXTENSION OF THE LEASE AGREEMENT WITH SAN DIEGO SHIPBUILDING AND REPAIR, INC. FOR A PERIOD OF ONE YEAR TO JANUARY 31, 1987 FOR A LEASE AMOUNT OF $75,600 The Redevelopment Agency acquired the Whiteman property on September 21, 1982, and approved a three-year lease agreement with San Diego Shipbuilding and Repair, Inc. This agreement will expire on January 31, 1986, and requires Agency action in order to extend or terminate the lease. Communi ty Development Director Desrochers recommended the Agency au thor ize an extension of the lease wi th San Diego Shipbuilding and Repair, Inc. for one year at a lease rate of $75,600 due in monthly installments of $6,300. A determination of whether further extensions are possible will be made in six months pursuant to provisions in the lease. RESOLUTION OFFERED BY MEMBER SCOTT, the reading of the text was waived by unanimous consent. Agency Attorney Harron explained the Agency is asked to approve a one-year extension. The lessee is being given six months to notify the Agency of any further extensions and the Agency must either affirm or deny this request within 60 days. provisions for expiration of this lease will be made by the lessee's attorney. Member Malcolm requested that included in the lease should be a statement that the lessee waives any cause of action that may arise from any denial of extension of the lease. Agency Attorney Harron remarked this could be made part of the agreement. Redevelopment Agency Minutes - 2 - January 28, 1986 In answer to Member Malcolm's question, Community Development Director Desrochers stated the appraisal fee as determined by the Court is the rent charged to the lessee. Since the Agency paid more for the property, a 5% increase in the lease in accordance with the Consumer Price Index is suggested. The motion to adopt the resolution passed unanimously. DIRECTOR'S REPORT - None. CHAIRMAN'S REPORT - None. MEMBERS' COMMENTS - None. ADJOURNMENT at 8:46 p.m. to the regular meeting of Thursday, February 6, 1986, at 7 p.m. f.)ilL&-á-.j~ dele A. Sarm~ento Deputy City Clerk 0739c/as ~-_._. -,,-.._-_...,._-----._'.-,-. ,-~---_.._---,.__._._-~--_...__._._--_._..-._..,._--~., -~-~._.-