TITLE
Recommendation to authorize City Manager to execute all documents necessary for the First Amendment to Lease No. 30218 with Kiet Chi Hong, an individual, for approximately 800 square feet of rentable space at 1526 East 4th Street, for the continued operation of a children's art program, for a three-year term at the current monthly base rent of $950, with one, two-year option to renew; and increase appropriations in the General Fund (GP) and in the Department of Parks, Recreation and Marine (PR) by $11,400. (District 2)
DISCUSSION
On July 17, 2007, the City Council authorized the execution of Lease No. 30218 with Kiet Chi Hong, an individual (Landlord), for approximately 800 square feet of space (Site) at 1526 East 4th Street. The Site is adjacent to the Miracle on 4th Street mini-park and is used by the Department of Parks, Recreation, and Marine (PRM) to provide a children's art program. A vicinity map is attached.
The Site is currently used due to the lack of a community center and park space in the area to provide traditional after school, weekend, and summer programming, as is the case at other staffed park sites. On average, 75 neighborhood children participate daily in the various programs offered at the Site.
The current lease term expired on May 31, 2010, and both parties are currently under a month-to-month holdover arrangement. To provide for the continued occupancy of the Site by PRM, a new lease extension has been negotiated. The proposed First Amendment to Lease No. 30218 contains the following major terms and provisions:
? Landlord: Kiet Chi Hong, an individual.
? Lessee: City of Long Beach.
? Leased Premises: The leased premises shall consist of approximately 800 square feet of space at the rear of the building at 1526 East 4th Street.
? Length of Term: The term shall be extended for an additional three-year period, commencing on June 1,2010 and terminating on May 31,2013.
? Rent:The monthly base rent for the entire l...
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