HomeMy WebLinkAboutAgenda Statement 1988/03/01 Item 7• COUNCIL AGENDA STATEMENT
Item 7
Meeting Date 3/1/88
ITEM TITLE Resolution /~~~~ Approving a License Agreement between San
Diego Gas & Electric Company and the City of Chula Vista for
use of land for park pur oses
SUBMITTED BY Assistant City Manager
REVIEWED BY City Manager5C1 4/5ths Vote: Yes No X
The contractor engaged by the City sometime ago is rapidly approaching completion
of the easterly extension of Marina View Park, located at the southeasterly corner
of West J Street and Bay Boulevard. The park is being constructed on property
owned by San Diego Gas and Electric (SDGE). After considerable negotiations, a
license agreement for use of the property for park purposes has been worked out
betty een the City and SDGE.
RECOMMENDATION: Adopt resolution approving license agreement and authorizing
the Mayor to execute same on behalf of the City.
•CUSSION
The subject license is for a term of five years with an option to extend for an
additional five years. The property can only be used for park purposes and the
license cannot be assigned.
Cost to the City, in addition to the annual maintenance, is approximately $760.
The annual rent is made up by a $10 per year base rent, plus the annual Board of
Equalization levy against the property. We are not responsible for taxes levied
against improvements and personal property placed or constructed on the licensed
premises by SDGE.
FISCAL IMPACT:
Annual cost to the City, in addition to normal maintenance, would be approximately
$760 per year initially, with any increases/decreases that may occur in the future.
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Dated