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HomeMy WebLinkAboutStaff Report 2405-3072CITY OF PALO ALTO CITY COUNCIL Special Meeting Tuesday, January 21, 2025 Council Chambers & Hybrid 5:30 PM     Agenda Item     11.Property Agreements Entered into by City Manager Under Palo Alto Municipal Code Section 2.30.210(h) and Reported Per Section Code 2.30.710(b) for Fiscal Year 2024 City Council Staff Report From: City Manager Report Type: INFORMATION REPORTS Lead Department: Administrative Services Meeting Date: January 21, 2025 Report #:2405-3072 TITLE Property Agreements Entered into by City Manager Under Palo Alto Municipal Code Section 2.30.210(h) and Reported Per Section Code 2.30.710(b) for Fiscal Year 2024 RECOMMENDATION This is an informational report; no Council action is required. ANALYSIS Pursuant to Palo Alto Municipal Code (PAMC) Section 2.30.210(h)1, the City Manager may award and sign contracts to rent, lease, or license city real property to other parties regardless of the price for a term not exceeding three years. Additionally, the City Manager may enter into and sign contracts for the rental, lease or licensing of real property at the Cubberley Community Center for a term of up to five years. Attachment A was prepared pursuant to PAMC Section 2.30.710(b)2 and reports to the Council of all leases, licenses, and rentals of city real property with third parties, approved by the City Manager during fiscal year FY 2024. The report excludes agreements approved by the City Council. Total revenue for FY 2024 from agreements authorized by the City Manager during the fiscal year totaled $318,301. FISCAL/RESOURCE IMPACT The lease amounts presented in this report are consistent with the rental income revenue assumed in the FY 2024 budget. The ongoing portion of these leases will be used in the annual budget process to determine rental income revenue for future fiscal years. STAKEHOLDER ENGAGEMENT Staff coordinates with tenants on the execution of agreements and appropriate documents. 1 https://codelibrary.amlegal.com/codes/paloalto/latest/paloalto_ca/0-0-0-61881 2 https://codelibrary.amlegal.com/codes/paloalto/latest/paloalto_ca/0-0-0-62183 ENVIRONMENTAL REVIEW This item is not a project as defined by the California Environmental Quality Act (CEQA) because the report is for informational purposes only with no action required by the Council. CEQA Guidelines section 15378. ATTACHMENTS Attachment A: FY 2024 List of Agreements APPROVED BY: Lauren Lai, Administrative Services Director Number Tenant Address Room Square Feet Type of Agreement Execution Date Expiration Date Rent Rent Cycle TOTAL FY23-24 RENT 1 Jasmine Valandani 4000 Middlefield Road (Cubberley)E6A 360 Artist Sudio Lease 7/27/2023 12/31/2023 432.00$ Monthly 1,728.00$ 2 Swickard Palo Alto Corporation (Audi)1925 Embarcadero Road Parking Lot 28,200 License Agreement 8/1/2023 7/31/2026 21,432.00$ Monthly 235,752.00$ 3 Leslie Terzian Markoff 4000 Middlefield Road (Cubberley)E6B 360 Artist Sudio Lease 8/31/2023 12/31/2023 385.00$ Monthly 1,540.00$ 4 Kitty Baker 4000 Middlefield Road (Cubberley)E6A 360 Artist Sudio Lease 10/10/2023 4/30/2024 432.00$ Monthly 1,728.00$ 5 Xiao He 4000 Middlefield Road (Cubberley)E6B 360 Artist Sudio Lease 12/21/2023 3/31/2024 432.00$ Monthly 1,296.00$ 6 GreenWaste of Palo Alto, LLC 1237 San Antonio Road N/A 52,272 License 1/4/2024 6/30/2026 -$ N/A -$ 7 Brittany Bradley 4000 Middlefield Road (Cubberley)E3 870 Artist Sudio Lease 2/12/2024 12/31/2024 1,044.00$ Monthly 6,264.00$ 8 Negar Fadaeidehkordi 4000 Middlefield Road (Cubberley)U4A 360 Artist Sudio Lease 2/12/2024 12/31/2024 432.00$ Monthly 2,592.00$ 9 Robin Mullery 4000 Middlefield Road (Cubberley)F5B 390 Artist Sudio Lease 2/12/2024 12/31/2024 417.30$ Monthly 2,503.80$ 10 Shannon Wright 4000 Middlefield Road (Cubberley)F6 430 Artist Sudio Lease 2/12/2024 12/31/2024 516.00$ Monthly 3,096.00$ 11 Nina Krog Ekman 4000 Middlefield Road (Cubberley)F4 480 Artist Sudio Lease 2/12/2024 12/31/2024 513.60$ Monthly 3,081.60$ 12 Chandrika Marla 4000 Middlefield Road (Cubberley)F3 480 Artist Sudio Lease 2/12/2024 12/31/2024 576.00$ Monthly 3,456.00$ 13 Tara de la Garza 4000 Middlefield Road (Cubberley)F2 480 Artist Sudio Lease 2/12/2024 12/31/2024 576.00$ Monthly 3,456.00$ 14 Charlotta Hauksdottir 4000 Middlefield Road (Cubberley)E4B 360 Artist Sudio Lease 2/12/2024 12/31/2024 385.20$ Monthly 2,311.20$ 15 Sang-ah Choi 4000 Middlefield Road (Cubberley)F7 1,200 Artist Sudio Lease 2/13/2024 12/31/2024 1,440.00$ Monthly 8,640.00$ 16 Elizabeth Bennett 4000 Middlefield Road (Cubberley)U2A 600 Artist Sudio Lease 2/14/2024 12/31/2024 720.00$ Monthly 4,320.00$ 17 Patrick Fenton 4000 Middlefield Road (Cubberley)E1 720 Artist Sudio Lease 2/14/2024 12/31/2024 770.40$ Monthly 4,622.40$ 18 Jaya Griscom 4000 Middlefield Road (Cubberley)U4B 360 Artist Sudio Lease 2/14/2024 12/31/2024 385.20$ Monthly 2,311.20$ 19 Eric Fei Guan 4000 Middlefield Road (Cubberley)E4A 568 Artist Sudio Lease 2/20/2024 12/31/2024 607.76$ Monthly 3,646.56$ 20 Darryl Dieckman 4000 Middlefield Road (Cubberley)F5A 390 Artist Sudio Lease 2/20/2024 12/31/2024 468.00$ Monthly 2,808.00$ 21 Cynthia Brannvall 4000 Middlefield Road (Cubberley)U5A 480 Artist Sudio Lease 2/20/2024 12/31/2024 576.00$ Monthly 3,456.00$ 22 Adrienne Defendi 4000 Middlefield Road (Cubberley)U2B 360 Artist Sudio Lease 2/20/2024 12/31/2024 385.20$ Monthly 2,311.20$ 23 Harumo Sato 4000 Middlefield Road (Cubberley)F1 760 Artist Sudio Lease 2/20/2024 12/31/2024 912.00$ Monthly 5,472.00$ 24 Mikael Gaspay & Maybeline Gaspay 4000 Middlefield Road (Cubberley)U5B 520 Artist Sudio Lease 2/27/2024 12/31/2024 556.40$ Monthly 3,338.40$ 25 Ala Mohseni & Nasim Moghadam 4000 Middlefield Road (Cubberley)U1 720 Artist Sudio Lease 2/27/2024 12/31/2024 770.40$ Monthly 4,622.40$ 26 Martha Sakellariou 4000 Middlefield Road (Cubberley)E7 480 Artist Sudio Lease 3/4/2024 12/31/2024 513.60$ Monthly 3,081.60$ 27 Simon Tung Tran 4000 Middlefield Road (Cubberley)E6A 360 Artist Sudio Lease 3/21/2024 8/31/2024 432.00$ Monthly 864.00$ 28 Alma Bazo Landeta 4000 Middlefield Road (Cubberley)E6B 360 Artist Sudio Lease 4/10/2024 10/31/2024 1.00$ Monthly 3.00$ 29 Judicial Council of California 250 & 350 Sherman Avenue N/A 3,793 License 6/17/2024 6/16/2027 -$ N/A -$ TOTAL 318,301.36$ CITY OF PALO ALTO ADMINISTRATIVE SERVICES DEPARTMENT/REAL ESTATE DIVISION FY2024 Annual Report – Agreements Entered Into By City Manager Under PAMC Section 2.30.210(h)