Long Beach, CA
File #: 21-1199    Version: 1 Name: PRM - Amend lease w/Rancho Los Alamitos Fdn D3
Type: Contract Status: CCIS
File created: 10/26/2021 In control: City Council
On agenda: 11/16/2021 Final action: 11/16/2021
Title: Recommendation to authorize City Manager, or designee, to execute Amendment No. 25 to Historical Site Lease No. 24291 with Rancho Los Alamitos Foundation, to provide for the annual management fee of $470,000 for lease year 2021-2022. (District 3)
Sponsors: Parks, Recreation and Marine
Attachments: 1. 111621-C-6sr.pdf
Related files: 24291_025

TITLE

Recommendation to authorize City Manager, or designee, to execute Amendment No. 25 to Historical Site Lease No. 24291 with Rancho Los Alamitos Foundation, to provide for the annual management fee of $470,000 for lease year 2021-2022.  (District 3)

 

DISCUSSION

On October 3, 1995, the City Council authorized Historical Site Lease No. 24291 (Lease) with the Rancho Los Alamitos Foundation (Foundation) to manage, operate, and interpret the City's historical site known as Rancho Los Alamitos Historic Ranch and Gardens (Rancho). As stated in the Lease, the Foundation is responsible for enhancing the educational value of the Rancho through public and community activities, assemblies, and visits. The Foundation is responsible for maintenance of gardens, residential and agricultural structures, interiors and furnishings, fixtures, utilities, carpeting, and equipment.

 

In consideration of the Foundation's Lease to manage the educational, historical, and community service aspects of the Rancho, the City of Long Beach (City) pays the Foundation an annual management fee. The management fee was approved by the City Council during adoption of the City's Fiscal Year 2022 (FY 22) Budget. The management fee for FY 22 remains the same as FY 21 at $470,000.  A Lease Amendment is required to memorialize the proposed management fee for this lease year. All other terms and conditions of the Lease will remain unchanged.

 

This matter was reviewed by Deputy City Attorney Anita Lakhani on October 25, 2021 and by Budget Analysis Officer Greg Sorensen on October 26, 2021.

 

TIMING CONSIDERATIONS

City Council action is requested on November 16, 2021, to authorize the execution of Amendment No. 25 to Lease No. 24291.

 

FISCAL IMPACT

The Foundation's annual management fee will remain at $470,000 in FY 22.  Sufficient funds are budgeted in the General Fund Group in the Parks, Recreation and Marine Department. This recommendation has no staffing impact beyond the normal 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.

 

BODY

[Enter Body Here]

 

Respectfully Submitted,

BRENT DENNIS

DIRECTOR OF PARKS,

RECREATION AND MARINE

 

 

 

APPROVED:

 

THOMAS B. MODICA

CITY MANAGER