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City of Palo Alto Page 1
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This is an informational report and no Council action is required.
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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. This list
excludes leases specifically approved by the City Council. The attached reports transmit the
information (Attachment A) for fiscal year (FY) 2021 as required by the PAMC.
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.
Total Rental revenues for the leases authorized by the City Manager for FY 2021 totaled
$401,867. The total rent revenues for FY 2021 is nearly 50% less in comparison to FY 2020 (CMR
11748). 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 2021 totaled
$17,638. Rental agreements require deferred rent to be repaid in 12 equal monthly
installments beginning January 1, 2021 through December 1, 2021. In addition to the rent
deferral, City Council approved a rent forgiveness program (CMR 12234) for qualified tenants.
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•ƚƚĂĐŚŵĞŶƚϮϯ͘Ă͗Attachment B: FY 2021 List of Rent Deferrals
•Attachment23.b:Attachment A: FY 2021 List of Lease Agreements
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Cubberley
Community
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720 Jennifer
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April,
May,
June
$2,052 7/22/2020
Ϯ4000
Middlefield
Rd
Cubberley
Community
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720 BrainVyne
April,
May,
June
$4,051 8/17/2020
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May,
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Number of Transactions
FY 2021
Total Deferred Revenue
Total 3 $17,638
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Attachment A - 1
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4000 Middlefield Road -
Room H5
Cubberley Community
Center
1,395 Avenidas Month to
Month
$1,827 $21,929 7/7/2020
Ϯ4000 Middlefield Road -
Room D1
Cubberley Community
Center
400 Palo Alto
Humane Society
Month to
Month
$438 $5,259 7/15/2020
ϯ
1925 Embarcadero
Road
Airport Land 13,250 Swickard Palo
Alto
Corporation
3 years $10,600 $106,000 8/18/2020
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1903 Embarcadero
Road
Airport Land 15,977
and 3 tie-
downs
Rossi Aircraft,
Inc.
2 years $14,306 $143,063 8/18/2020
ϱ
474 Embarcadero Road Lawn Bowl 70,000 Palo Alto Lawn
Bowls Club
3 years $1,165 $11,647 8/31/2020
ϲ
1237 San Antonio Road Old Los Altos
Treatment Plant (LATP)
Land
4,000 Precision
Engineering
7 months $3,000 $21,000 9/28/2020
ϳ1237 San Antonio Road Old Los Altos
Treatment Plant (LATP)
Land
5,000 TW Powerline 2 months $4,000 $8,000 9/29/2020
ϴ4000 Middlefield Road -
Room T5
Cubberley Community
Center
469 Project Safety
Net
Month to
Month
$1/year $1 10/26/2020
ϵ4000 Middlefield Road -
Room U4A
Cubberley Community
Center
360 Chandrika
Marla
2 years $396 $2,772 11/2/2020
ϭϬ4000 Middlefield Road -
Room U4
Cubberley Artist Studio 360 Malte Renz 2 years $396 $2,772 11/5/2020
22.b
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Attachment A - 2
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ϭϭ4000 Middlefield Road - Room F2 Cubberley Artist Studio 480** Barbara Boissevain 2 years $470 $2,822 11/18/2020
ϭϮ
Extended Day Care
Spaces
Extended Day Care
Spaces
15,240 Palo Alto
Community
Childcare
2 years $10,034 $60,206 12/7/2020
ϭϯ
1711 Stanford Avenue Nixon School Day Care 1,440 Kids Choice 1.5 years $925 $4,627 12/18/2020
ϭϰ1901 Embarcadero
Road
Airport Land 462 and 5
tie-downs
JATO Aviation
LLC
1.5 years $2,135 $10,673 12/23/2020
ϭϱ250 Hamilton Avenue City Hall 9 Oh My Green,
Inc.
6 months $100 $600 4/13/2021
ϭϲ
1237 San Antonio Road Old Los Altos
Treatment Plant (LATP)
Land
6.64
acres
Santa Clara
Valley Water
District
1 year $0 $0 5/3/2021
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1237 San Antonio Road Old Los Altos
Treatment Plant (LATP)
Land
9,000 Graham
Contractors
13 days $896 $896 6/14/2021
22.b
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Attachment A - 3
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Number of Transactions FY 2021 Total FY2021 Revenue Resulting from New Lease Agreements
Total 17 $401,867
*Please note that tenancy terms range from 13 days to eighty-four months for the tenants.
**Tenant changed suites, square footage, and rent payment changed.
22.b
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