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HomeMy WebLinkAboutStaff Report 7512 City of Palo Alto (ID # 7512) City Council Staff Report Report Type: Informational Report Meeting Date: 12/12/2016 City of Palo Alto Page 1 Summary Title: Property Leases Entered into by City Manager in Fiscal Year 2016 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 2016 From: City Manager Lead Department: Administrative Services This is an informational report and no Council action is required. Discussion The Palo Alto Municipal Code (PAMC), Section 2.30.710 requires an annual report to the City Council of all leases and rentals of City property with third parties approved by the City Manager. The attached report transmits this information for Fiscal Year (FY) 2016 (Attachment A). In addition, 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. Notwithstanding the preceding sentence, 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 leases authorized by the City Manager for FY 2016 totaled $651,252. This represents an increase of $266,064 over FY 2015 revenues. This change is attributed to more active management of City properties. Attachments:  2016annualcitymgreaseagreementinfocmr.doc (DOCX) ATTACHMENT A CITY OF PALO ALTO ADMINISTRATIVE SERVICES DEPARTMENT/REAL ESTATE DIVISION 2016 Annual Report – Lease Agreements Entered Into By City Manager For PAMC Section Under Section 2.30.210 (h) Fiscal Year: 2015/2016 Number Property Address Property/Space Type Size in Square Foot** Tenant Term Monthly Rent Total Term Rent* Agreement Date 1 4000 Middlefield Road Cubberley Artist Studio 568 Conrad Johnson 12 months $477 $5,724 7/01/2015 2 4000 Middlefield Road Cubberley Artist Studio 360/600 Marianne Lettieri 12 months $558 $ 6,696 7/01/2015 3 4000 Middlefield Road Cubberley Artist Studio 360 Barbara Boissevain 12 months $ 305 $ 3,660 7/01/2015 4 4000 Middlefield Road Cubberley Artist Studio 360 Pantea Karimi 12 months $ 335 $4,020 7/01/2015 5 4000 Middlefield Road Cubberley Artist Studio 520 Rachel Doorley 12 months $ 437 $ 5,244 7/01/2015 6 4000 Middlefield Road Cubberley Artist Studio 360 Ken Edwards 12 months $ 302 $ 3,624 7/01/2015 7 4000 Middlefield Road Cubberley Artist Studio 480 Ann McMillian 12 months $446 $ 5,352 7/01/2015 8 4000 Middlefield Road Cubberley Artist Studio 360 Barbara Gunther 12 months $317 $3,804 7/01/2015 9 4000 Middlefield Road Cubberley Artist Studio 480 Inge Infante 12 months $403 $4,836 7/01/2015 10 4000 Middlefield Road Cubberley Artist Studio 360 Jennifer Gonsalves 12 months $605 $7,260 7/01/2015 ATTACHMENT A Number Property Address Property/Space Type Size in Square Foot Tenant Term Monthly Rent Total Term Rent* Agreement Date 11 4000 Middlefield Road Cubberley Artist Studio 360/ 480 Lessa Bouchard 12 months $403 $ 4,836 7/01/2015 12 4000 Middlefield Road Cubberley Artist Studio 430 Michal Gavish 12 months $ 361 $ 4,332 7/01/2015 13 4000 Middlefield Road Cubberley Artist Studio 480 Nancy White 4 months $ 437 $ 1,748 7/01/2015 14 4000 Middlefield Road Cubberley Artist Studio 480 Linda Gass 12 months $446 $ 5,352 7/01/2015 15 4000 Middlefield Road Cubberley Artist Studio 360/720 Andy Muonio 12 months **$335/$670 $ 6,665 7/01/2015 16 4000 Middlefield Road Cubberley Artist Studio 360/435 Paloma Lucas 12 months $405 $4,860 7/01/2015 17 4000 Middlefield Road Cubberley Artist Studio 360/435 Servane Briand 12 months $365 $4,380 7/01/2015 18 4000 Middlefield Road Cubberley Artist Studio 360/480 Daniele Archambault 12 months **$302/$403 $4,230 7/01/2015 19 4000 Middlefield Road Cubberley Artist Studio 1,200 Sahba Shere 12 months $1.008 $12,096 7/01/2015 20 4000 Middlefield Road Cubberley Artist Studio 360 Charles Coats 12 months $335 $4,020 7/01/2015 21 4000 Middlefield Road Cubberley Artist Studio 390 Christine Gray 12 months $328 $3,936 7/01/2015 22 4000 Middlefield Road Cubberley Artist Studio 480 Mel Day 12 months $403 $4,836 7/01/2015 23 4000 Middlefield Road Cubberley Artist Studio 390 Ernest Regua 12 months $363 $4,356 7/01/2015 24 4000 Middlefield Road Cubberley Artist Studio 360 Elizabeth Foggie 1 month $302 $302 7/01/2015 25 2300 Wellesley Street College Terrace Library 2,000 Palo Alto Community Child Care 3 years $ 0 $ 0 7/1/2013 26 3990 Ventura Court Ventura School Site 21,000 Palo Alto Community Child Care 3 years $ 0 $ 0 7/1/2013 ATTACHMENT A Number Property Address Property/Space Type Square Footage* * Tenant Term Monthly Rent Total Term Rent Agreement Date 27 1305 Middlefield Road Lucie Stern Community Center 500 Palo Alto Players 3 years $1,211.50 $14,538 7/01/2015 28 1237 San Antonio Rd LATP Land 3,000 Pacheco M2M $ 1,350 $16,200 7/01/2013 29 1237 San Antonio Rd LATP Land 14,000 Golden Bay Construction M2M $1,690.20 $ 1,690.20 2/01/2014 30 1237 San Antonio Rd LATP Land 10,000 Harris & Sequoia Landscaping 2 years s $ 3,000 $ 36,000 6/1/2014 31 1237 San Antonio Rd LATP Land 38,859 PG&E 9 mo. $ 16,709 $ 149,844.65 3/15/2015 32 1237 San Antonio Rd LATP Land 1,000 Davis Paving M2M $ 350 $3,500 7/01/2014 33 1237 San Antonio Rd LATP Land 7,000 MV Transportation M2M $ 2,800 $22,400 11/01/2014 34 3281 E. Bayshore Rd. Animal Shelter Land 13,500 Anderson Honda M2M **$5,400/$5, 562 $66,744 5/06/2014 35 1925 Embarcadero Rd Airport Land 13,250 Audi of Palo Alto M2M $7,950 $95,400 12/15/2014 36 1925 Embarcadero Rd Airport Land 3,000/11 ,554 NexLevel of California M2M **$3,000/$6, 932.40 $46,662 3/23/2015 37 1925 Embarcadero Rd Airport Land 3,000 Cal Electric M2M $1,800 $5,980.60 5/23/2015 38 1925 Embarcadero Rd Airport Land 10,000/1 9,700 Anderson Honda M2M **$6,000/$1 1,820 $20,924 4/01/2016 39 1925 Embarcadero Rd Airport Land 5,000 Graham Contractors M2M $3,000 $3,000 9/01/2015 40 1925 Embarcadero Rd Airport Land 6,000 Par Electrical Contractors M2M $6,000 $24,000 9/01/2015 41 1925 Embarcadero Rd Airport Land 2,000/7, 500 Precision Engineering M2M $3,000 $28,200 9/01/2015 ATTACHMENT A SUMMARY – PAMC SECTION 2.30.210 (g) (h) AGREEMENTS Type Number of Transactions 2016 Total Annual Revenue Resulting from Lease Agreements $651,252.45 Total 41 $651,252.45 *Please, note that tenancy terms ranged from three to twelve months for the tenants. **Tenant changed their suites or square footage and rent payment changed.