HomeMy WebLinkAboutAGENDA REPORT 1991 0619 CC REG ITEM 11M 14 si • a cog "Jolt))
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Ci yr Council Meeting
of 199
MEMORANDUM A ON.
TO : The Honorable City Council
By Alligki
FROM : Philip E. Newhouse, Director of Community
ServicesPT\
DATE : June 11, 1991
SUBJECT : Consider Termination of Arroyo Vista
Community Park Lease Agreement with the
Fedelety Corporation
BACKGROUND
At your March 6, 1991 meeting, Council approved partial
termination of the Arroyo Vista Community Park Lease
Agreement with the Fedelety Corporation to retake possession
of approximately ten (10) acres running along the western
boundary of the future site of Arroyo Vista Community Park.
AGREEMENT
The original term of the Lease Agreement is for two years
commencing January 1, 1990 and ending December 30, 1991 .
Provided the lease has not been terminated, and provided
further that Tenant shall not be in default of any provisions
of this lease, the lease shall automatically renew, not more
than three (3) times, for three (3) successive terms of one
(1) year each.
RIGHT TO TERMINATE
Paragraph 39 of the current Lease Agreement, "Right to
Terminate in Whole or Part, " grants to the City the right to
terminate the current lease agreement and retake possession
of the entire premises or any portion thereof, at any time
after the original term of this lease . City shall exercise
this right by providing tenant with notice of such
termination at least six months prior to the date of any such
retaking.
PAUL W. LAWRASON JR. BERNARDO M. PEREZ SCOTT MONTGOMERY ROY E. TALLEY JR. JOHN E. WOZNIAK
Mayor Mayor Pro Tern Councilmember Councilmember Councilmember
DISCUSSION
By retaking possession of ten (10) acres of the future park
site, the City has positioned themselves to be able to
receive approximately 60, 000 cubic yards of dirt being
excavated from the development of the access road to the
park . The dirt will be used for a pad for the future
Community Center building to be constructed at the park site .
With construction of the Community Center building,
additional open space (turf) is anticipated to be developed
for such community uses as soccer, softball/baseball, and
general community use. To accomplish the development of the
park for community use, the City may want to consider
termination of the Lease Agreement with the Fedelety
Corporation.
STAFF RECOMMENDATION
Consider termination of the Arroyo Vista Community Park Lease
Agreement with the Fedelety Corporation effective December
31, 1991 .
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