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HomeMy WebLinkAbout2020-12-14 City Council Agendas (2) City of Palo Alto (ID # 11748) City Council Staff Report Report Type: Informational Report Meeting Date: 12/14/2020 City of Palo Alto Page 1 Summary Title: Property Leases Entered into by the City Manager in Fiscal Year 2020 Title: Property Leases Entered Into by the City Manager Under Palo Alto Municipal Code Section 2.30.310(h), and Reported per Section Code 2.30.710 Fiscal Year 2020 From: City Manager Lead Department: Administrative Services This is an informational report and no Council action is required. DISCUSSION Palo Alto Municipal Code (PAMC) Section 2.30.710 requires an annual report to the Council of all leases and rentals of city property with third parties approved by the City Manager. The attached reports transmit the information (Attachment A) for fiscal year (FY) 2020 as required by the PAMC including rent deferral information (Attachment B). PAMC Section 2.30.210 (h) authorizes the City Manager to award and sign contracts to rent, lease, or license city property to other parties regardless of the price for a term not exceeding three years. The City Manager may enter into and sign contracts to rent, lease, or license property at the Cubberley site for terms up to five years. Rental revenues for the leases authorized by the City Manager for FY 2020 totaled $805,519. Due to the COVID-19 pandemic and the resulting shelter in place order issued by the County of Santa Clara, the City offered certain tenants the ability to defer up to three months of rent. Total Rent deferred for the leases authorized by the City Manager for FY 2020 totaled $242,394. Rental agreements require deferred rent to be repaid at a later date. Staff is preparing a report for City Council in early 2021 with options to provide additional rental relief. Attachments: • Attachment A: FY 2020 List of Lease Agreements • Attachment B: FY 2020 List of Rent Deferrals ATTACHMENT A Attachment A - 1 CITY OF PALO ALTO ADMINISTRATIVE SERVICES DEPARTMENT/REAL ESTATE DIVISION FY 2020 Annual Report – Lease Agreements Entered Into By City Manager Under PAMC Section 2.30.210 (h) Number Property Address Property/Space Type Square Footage Tenant Term Monthly Total FY Rent* Agreement Date 1 1237 San Antonio Rd Old Los Altos Treatment Plant (LATP) Land 31,000 Pacific Gas and Electric Company 1 Month $20,150 $20,150 7/9/2019 2 1925 Embarcadero Rd Airport Land 13,852 West Valley Aircraft Services Inc. DBA Aero Works 36 Months $11,554 $138,654 7/11/2019 3 4000 Middlefield Rd Cubberley Community Center 8,260 Avenidas 5 months $8,426 $92,686 8/5/2019 4 4000 Middlefield Rd Cubberley Artist Studio 390 Robin Mullery 12 months $371 $4,076 8/14/2019 5 1237 San Antonio Rd Old Los Altos Treatment Plant (LATP) Land 5,000 Ranger Pipelines, Inc. 15 months $3,500 $38,500 8/16/2019 6 4000 Middlefield Rd Cubberley Community Center 3,220** Avenidas 10 months $4,218 $42,182 8/22/2019 7 4000 Middlefield Rd Cubberley Community Center 8,100 Imagination Lab School 11 months $16,200 $162,000 8/22/2019 8 4000 Middlefield Rd Cubberley Artist Studio 390 Darryl Dieckman 12 months $413 $4,134 8/22/2019 9 4000 Middlefield Rd Cubberley Artist Studio 520 Rachelle Doorley 12 months $478 $4,780 8/29/2019 ATTACHMENT A Attachment A - 2 Number Property Address Property/Space Type Square Footage Tenant Term Monthly Total FY Rent* Agreement Date 10 1925 Embarcadero Rd Airport Land 9,990 West Valley Flying Club 36 months $20,704 $207,036 8/30/2019 11 1925 Embarcadero Rd Airport Land 5,500 VSS International, Inc. month to month $3,850 $30,800 10/8/2019 12 1925 Embarcadero Rd Airport Land 1,040 Sundance Flying Club month to month $2,142 $19,282 11/21/2019 13 1237 San Antonio Rd Old Los Altos Treatment Plant (LATP) Land 3,500** Ranger Pipelines, Inc. 2 months $2,625 $5,250 2/10/2020 14 1925 Embarcadero Rd Airport Land 912 Austro Aircraft LLC 36 months $2,177 $8,708 3/2/2020 15 1925 Embarcadero Rd Airport Land 3227 West Valley Flying Club 36 months $7,703 $23,110 4/16/2020 16 250 Hamilton Ave City Hall 9 Oh My Green, Inc. 12 months $100 $300 4/17/2020 17 1237 San Antonio Rd Old Los Altos Treatment Plant (LATP) Land 3,500 Ranger Pipelines, Inc. 1 month $2,625 $2,625 4/21/2020 18 4000 Middlefield Rd Cubberley Artist Studio 390 Ernest Regua 12 months $402 $804 4/22/2020 19 4000 Middlefield Rd Cubberley Artist Studio 480** Catherine Di Napoli 12 months $442 $442 5/28/2020 ATTACHMENT A Attachment A - 3 SUMMARY – PAMC SECTION 2.30.210 (h) AGREEMENTS Number of Transactions FY 2020 Total Annual Revenue Resulting from New Lease Agreements Total 19 $805,519 *Please note that tenancy terms range from one to thirty-six months for the tenants. **Tenant changed suites, square footage and rent payment changed. ATTACHMENT B Attachment B - 1 CITY OF PALO ALTO ADMINISTRATIVE SERVICES DEPARTMENT/REAL ESTATE DIVISION FY 2020 Annual Report – Lease Deferred Agreements Entered Into By City Manager Under PAMC Section 2.30.210 (h) (organized by Agreement Date) Number Property Address Property/Space Type Square Footage Tenant Months Deferred Total Deferred Rent Agreement Date 1 1925 Embarcadero Rd Airport Land 9,990 West Valley Flying Club April, May $12,815 4/16/2020 2 4000 Middlefield Rd Cubberley Community Center 3,010 Good Neighbor Montessori April, May, June $21,000 4/29/2020 3 4000 Middlefield Rd Cubberley Community Center 720 Ivy Goal Education April, May, June $6,936 4/29/2020 4 4000 Middlefield Rd Cubberley Community Center 1,616 Karer CDC, LLC April, May $17,286 4/29/2020 5 4000 Middlefield Rd Cubberley Community Center 1,300 Melody Academy of Music Inc. April, May, June $8,100 4/29/2020 6 4000 Middlefield Rd Cubberley Community Center 3,060 Avenidas April, May, June $12,655 4/29/2020 7 4000 Middlefield Rd Cubberley Artist Studio 435 Paloma Lucas April, May, June $1,344 4/30/2020 8 4000 Middlefield Rd Cubberley Community Center 3,740 Jazz Plus dba Zohar Dance April, May, June $16,674 5/4/2020 9 4000 Middlefield Rd Cubberley Community Center 1,008 Dance Magic, LLC May, June $4,330 5/6/2020 ATTACHMENT B Attachment B - 2 Number Property Address Property/Space Type Square Footage Tenant Months Deferred Total Deferred Rent Agreement Date 10 4000 Middlefield Rd Cubberley Community Center 1,320 Living Wisdom School April, May, June $7,239 5/6/2020 11 4000 Middlefield Rd Cubberley Community Center 4,440 Community for Christ Church of Palo Alto, Inc. April, May, June $18,738 5/7/2020 12 4000 Middlefield Rd Cubberley Artist Studio 480 Mel Day April, May, June $1,368 5/7/2020 13 4000 Middlefield Rd Cubberley Community Center 3,130 Dance Action April, May, June $13,206 5/7/2020 14 4000 Middlefield Rd Cubberley Community Center 9,301 Acme Education Group, Inc. April, May, June $84,762 5/11/2020 15 4000 Middlefield Rd Cubberley Community Center 2,841 Friends of the Palo Alto Library April, May, June $7,040 5/13/2020 16 4000 Middlefield Rd Cubberley Artist Studio 360 Barbara Boissevain April, May, June $1,026 5/26/2020 17 4000 Middlefield Rd Cubberley Community Center 939 Dennis Moon and Ben Moon dba Ranger Taekwondo April, May, June $7,875 6/9/2020 SUMMARY – LEASE DEFERRED AGREEMENTS UNDER PAMC 2.30.210 (h) Number of Transactions FY 2020 Total Deferred Revenue Total 17 $242,394