HomeMy WebLinkAboutStaff Report 2509-5188CITY OF PALO ALTO
CITY COUNCIL
Special Meeting
Monday, January 12, 2026
Council Chambers & Hybrid
5:30 PM
Agenda Item
B.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 2025
City Council
Staff Report
From: City Manager
Report Type: INFORMATION REPORTS
Lead Department: Administrative Services
Meeting Date: January 12, 2026
Report #:2509-5188
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 2025
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 2025. The
report excludes agreements approved by the City Council. Total revenue for FY 2025 from
agreements authorized by the City Manager during the fiscal year totaled $453,843.
FISCAL/RESOURCE IMPACT
The lease amounts presented in this report are consistent with the rental income revenue
included in the FY 2025 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.
ENVIRONMENTAL REVIEW
This item is not a project as defined by the California Environmental Quality Act (CEQA) because
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
the report is for informational purposes only with no action required by the Council. CEQA
ATTACHMENTS
APPROVED BY:
CITY OF PALO ALTO
ADMINISTRATIVE SERVICES DEPARTMENT/REAL ESTATE DIVISION
Number Tenant Address Room
N/A
K4
H5 & FH
N/A
N/A
D2
U2B
U1
E3
Square Feet Type of Agreement
500 Lease
Execution Date Expiration Date Rent Rent Cycle TOTAL FY24-25 RENT
1 PALO ALTO PLAYERS-PENINSULA CENTER STAGE 1305 Middlefield Road 8/20/2024
8/23/2024 month to month
9/16/2024 month to month
10/15/2024
12/3/2024
12/20/2024 month to month
8/31/2027 $1,540.75 Monthly $15,407.50
2 LIVING WISDOM SCHOOL 2,940 Lease
2,395 Lease
12,000 1st Amendment to License
578 3rd Amendment to Lease
800 Lease
360 Lease
720 Lease
870 Lease
480 Lease
360 Lease
568 Lease
480 Lease
720 Lease
390 Lease
600 Lease
568 Lease
480 Lease
760 Lease
480 Lease
360 Lease
360 Lease
480 Lease
480 Lease
520 Lease
480 Lease
390 Lease
1,200 Lease
430 Lease
480 Lease
360 Lease
360 Lease
360 Lease
360 Lease
360 Lease
4 VANCE BROWN, INC.12/31/2024
3700 Middlefield Road
6 Groundwork Support Services Inc.
12/9/2024
12/12/2024
12/16/2024
12/9/2024
12/9/2024
4/10/2025
2/20/2024
10/15/2024
12/12/2024
12/12/2024
12/23/2024
4/10/2025
12/17/2024
10/24/2024
12/9/2024
12/9/2024
12/17/2024
5/7/2025
12/31/2025
$
10 F3
E4B
$630 Monthly
$532.80 Monthly
$942.40 Monthly
$595.20 Monthly
$399.60 Monthly
$446.40 Monthly
$532.80 Monthly
$532.80 Monthly
$577.20 Monthly
$532.80 Monthly
$432.90 Monthly
$1,488 Monthly
$533.20 Monthly
$595.20 Monthly
$446.40 Monthly
$446.40 Monthly
$399.60 Monthly
$446.40 Monthly
$446.40 Monthly
$3,127.81 Monthly
$1,326.16 Monthly
$4,453.97 Monthly
$305.20 Monthly
$507.15 Monthly
$1,129.31 Monthly
$2,125.64 Monthly
74.57 Monthly
F1
U5A
12/31/2025
12/17/2024
12/31/2025
Sang-ah Choi
Shannon Wright
F2
E4B
892.80
1,598.40
15,202 Lease 37,533.76
618 Lease
2,174 Lease
13,780 Lease
9,990 Lease
320 Lease $
TOTAL $453,843.57
Notes:
Tenants numbers 18 and 24 moved studios during the fiscal year.