TITLE
Recommendation to authorize City Manager, or designee, to execute all documents necessary for an extension to Lease No. 26572 between
Craig A. MacPherson and Stuart S. MacPherson and the Housing Authority of the City of Long Beach, for 12 parking spaces at 523 East Fourth Street, for continued occupancy by the Housing Authority. (Citywide)
DISCUSSION
On August 10, 1999, the Housing Authority Commission authorized the execution of Lease No. 26572 (Lease) between Craig A. MacPherson and Stuart S. MacPherson (collectively, Landlord), and the Housing Authority of the City of Long Beach (Tenant) for 12 parking spaces at 523 East 4th Street (Premises), for use by Housing Authority staff. The Housing Authority has extended the lease for its current building at 421 East 4th Street until September 30, 2020. Therefore, it is imperative that the Housing Authority extend the lease for parking spaces at 523 East 4th Street for the same amount of time. The current lease expired on March 31, 2020. The proposed amendment is a month-to-month extension not to surpass September 30, 2020. There will be no change to the current rate.
• Landlord: Craig A. MacPherson and Stuart S. MacPherson.
• Tenant: Housing Authority of the City of Long Beach, a municipal corporation.
• Lease Amount: $933.00 per-month ($77.79 per parking space), no change to current rate.
• Option to Terminate: Landlord and Tenant have the option to terminate on a month-to-month basis.
• Maintenance: Not included.
• Leased Premises: The leased premises consist of 12 parking spaces, which are part of an approximate 5,000 square foot parking lot at 523 East 4th Street.
• Term: Not to exceed six months. Month-to-month Lease, previous lease expired March 31, 2020.
All remaining terms and provisions of Lease No. 26572 will remain in effect.
This matter was reviewed by Deputy City Attorney Richard F. Anthony on April 21, 2020 and by Revenue Management Officer Geraldine Alejo on April 23, 2020.
TIMING CONSIDERATIONS
Housing Authority Commission action is requested on May 12, 2020, to execute the Lease extension in a timely manner.
FISCAL IMPACT
The total cost for the six-month lease extension will not exceed $5,601 and does not include any auxiliary services. Funding to cover the lease extension is budgeted in the Housing Authority Grants Fund Group in the Health and Human Services Department. This recommendation has no staffing impact beyond normally budgeted scope of duties and is consistent with existing City Council priorities. There is no local job impact associated with this recommendation.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
KELLY COLOPY
ASSISTANT EXECUTIVE DIRECTOR
APPROVED:
THOMAS B. MODICA
EXECUTIVE DIRECTOR