HomeMy WebLinkAboutAGENDA REPORT 1996 0605 CC REG ITEM 10JTO:
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CITY OF MOORPARK
AGENCY REPORT
Mayor and Members of the City Council
Steven Hayes, Redevelopment Manager ` '' 3N:
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May 21, 1996 (Mtg. 06- 05 -96)
Rental Terms for 661 Moorpark Avenue
All primary repairs to this property have been completed, including plumbing, electrical, and
painting work, and hardwood floor restoration and drywall repairs. The completed repairs
totaled approximately $16,000. Remaining work to be done consists of installing and testing
a new thermostat, cleaning pilot light orifice, and replacing screens at all windows. These
remaining repairs can be completed in a few days' time.
Moorpark Unified School District visited the unit as a possible site for Project Pride. They
felt it is not suitable for their program.
DISCUSSION
To expedite the occupancy of this property, the Agency presents the following suggested
terms for inclusion in the rental /lease agreement:
Tenant shall be an individual or a single family.
2. Consideration shall be $800.00 per month for a fixed term of six months and
$800.00 per month following the initial six -month term.
3. Following the initial fixed six -month term, terms of this rental agreement shall
be month-to -month.
4. Rent payment shall be paid to the City on the first of every month and
considered delinquent if not received by the City by the tenth of the month.
5. Tenants shall be asked to vacate the property if any delinquent rent is not paid
by the twentieth of the month.
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6. The first month's rent of $800.00 is to be paid upon execution of the lease
agreement. The last month's rent of $800.00 and security deposit of $800.00
(total of $1,600) is to be paid over four months at $400.00 per month.
7. A security deposit of $800.00 shall be refunded at time of vacating premises if
property has sustained no substantive damage during tenants' occupation of
premises, outside of normal wear and tear.
8. Tenant shall pay for all utilities, including gas, electricity, water, sew and trash
pickup.
9. City shall provide gardening service.
10. All vehicles shall be parked in the garage or on the driveway. No vehicles
shall be parked anytime on lawn areas.
Due to the amount of traffic on Moorpark Avenue, Staff recommends foregoing any
aggressive and costly advertising, relying, instead, on a simple "For Rent" sign placed in the
yard.
• P• •
That the City Council authorize staff to proceed with the lease of 661 Moorpark Avenue
subject to the terms and conditions as presented.
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