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HomeMy WebLinkAboutAgenda Statement 1988/10/11 Item 06 COUNCIL AGENDA STATEMENT . I tern 6 ITEM TITLE: Meeting Date 10/11/88 Resolution,.(Jt/Jd-. Approving Lease Agreement for City property with the Bonita Optimist Foundation Inc. Director of ~a"'nd Recreation SUBMITTED BY: REV I EWED BY: City ManagerJ4if~. (4/5ths Vote: Yes No X ) The current lease agreement between the City of Chula Vista and the Bonita Optimist Club will expire in November 1988. A new lease agreement has been negotiated by staff and the Executive Board of the Bonita Optimist Foundation. RECOMMENDATION: That Counci 1 approve the new 1 ease agreement and authori ze the Mayor to execute agreement. BOARDS/COMMISSIONS RECOMMENDATION: At the Parks and Recreation Commission meeti ng on September 15, 1988, the Commi ss i on took acti on to endorse 1 ease agreement as presented by staff (Attachment A). DISCUSSION: . On November 1984, the County of San Diego deeded to the City of Chula Vista the properties known as Sweetwater County Park, Goode Property, and two other small parcels along Sweetwater Road and Bonita Road. The exchange of property resulted from a negotiated settlement between the City and the County over the formati on of the Otay Vall ey Redevelopment project area. The City agreed to assume ownership and maintenance cost for Sweetwater Park and other county property to offset the County's lost tax increments in the Otay Valley Redevelopment project area. The sixteen (16) acre Goode property, east of Rohr Park, was leased by the County to the Bonita Optimist Club for social and civic purposes. The length of the 1 ease vias four terms of fi ve years each. The Optimi st Cl ub was in their second five year term when the City was deeded ownership to the Goode Property. In 1986, the City initiated a Master Plan Study for the three major parcels of land (Sweetwater Park, Rohr Park and Goode Property) to develop a large cohesive park. The Optimists were notified of the City's intention to include the Goode Property in the Master Plan Study. During this process, the Optimists agreed to renegotiate a new agreement before the current lease expired in November, 1988. The new lease requires the Optimists to be responsible for only the 1.3 acre parcel containing the old Goode residence, along with the unattached garage structure containing a small upstairs apartment. Revenues from the apartment wi 11 be used by the Optimi st Cl ub to defray utility costs of the main house. . Page 2, Item 6 ~ Meeting Date 10/11/88 The major changes contained in the new lease agreement are: A. Term of Lease: The Optimi sts have agreed to a 15-year 1 ease with one 5-year option. B. Rent: $1 per year and a commitment (Addendum "A") to undertake a major capital improvement program during the initial 15 years. C. Insurance: To name City as "additional insured" on all policies required. D. Area leased reduced from 16 acres to 1.3 acres. FISCAL IMPACT: None. WPC 1082R ~ ~ _. ~.. the City CC;j:i'::iI of Chula Vista, Caiifornia Dated ~&,Ir r