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HomeMy WebLinkAbout03.i. Set public hearing re lease agreements for 4737 Imhoff Place, MartinezCentral Contra Costa Sanitary District ' 3.t. BOARD OF DIRECTORS POSITION PAPER Board Meeting Date: December 4, 2014 Subject. SET A PUBLIC HEARING TO CONSIDER AUTHORIZING STAFF TO EXECUTE LEASE AGREEMENTS FOR 4737 IMHOFF PLACE (APN 159- 150 -057) FOR A PERIOD NOT TO EXCEED TEN YEARS, AND DECLARE THE PROPERTY AS UNNEEDED FOR THE TERM OF THE LEASE AGREEMENTS Submitted By. Initiating Dept. /Div.: Lisa Hiddleson, Prov. Sr. Right of Way Agent Engineering /Environmental Services REVIEWED AND RECOMMENDED FOR BOARD ACTION: Of T. Brightbill — Senior Engineer A?- . D. Gemmell — Environmental Services Division Manager �. Im Roger S. Bailey J. Petit — Director Of Engineering Counsel for the District General Manager ISSUE: Prior to entering into any lease of real property owned by the District, the Board must conduct a public hearing. The subject property must be used for compatible uses and for public benefit, and the term may not exceed ten years. Leased property also must be declared unneeded for District purposes during the term of the lease. RECOMMENDATION: Set January 8, 2015 at 2:00 p.m. as the date and time for a public hearing to receive comments on leasing portions of the parcel located at 4737 Imhoff Place, Martinez (APN 159 - 150 -057), for a term not to exceed ten years; and declare the property as unneeded for District purposes during the terms of the leases. FINANCIAL IMPACTS: The District will receive additional rental income. The actual amount will depend on the individual lease and agreement terms. ALTERNATIVES /CONSIDERATIONS: The Board may decline to establish the recommended public hearing date or may elect to choose a different date; however, a public hearing must be held if new leases are to be executed for this property. BACKGROUND: The District currently issues various short-term leases, not exceeding ten years, on warehouse spaces (bays) located on the property at 4737 Imhoff Place, Martinez. This property is located directly west of the District Headquarters Office Building. The 4737 Imhoff Place building is a warehouse structure consisting of eleven bays. In order to allow the District to lease this property, the Board must make a finding at a noticed public hearing that the subject property will be used for compatible uses, that it will be of public benefit, and that the term of the lease will not exceed ten years. It must also declare the property as unneeded for District purposes during the term of the lease. C:\ Users \danderson\AppData \Local \Microsoft \Windows \Temporary Internet Files \Content.Outlook \DVCG8C5G \PP Set PH for Lease Agreement for 4737 Imhoff PI 12 -4 -14 Final.doc Page 1 of 2 POSITION PAPER Board Meeting Date: December 4, 2014 subject: SET A PUBLIC HEARING TO CONSIDER AUTHORIZING STAFF TO EXECUTE LEASE AGREEMENTS FOR 4737 IMHOFF PLACE (APN 159- 150 -057) FOR A PERIOD NOT TO EXCEED TEN YEARS, AND DECLARE THE PROPERTY AS UNNEEDED FOR THE TERM OF THE LEASE AGREEMENTS COMMITTEE RECOMMENDATION: The Real Estate, Environmental & Planning Committee will consider this matter when it meets on December 9, 2014. The Committee's recommendation will be reflected in the position paper for the public hearing. RECOMMENDED BOARD ACTION: Set January 8, 2015 at 2:00 p.m. as the date and time for a public hearing to receive comments on leasing portions of the parcel located at 4737 Imhoff Place, Martinez (APN 159 - 150 -057), for a term not to exceed ten years; and declare the property as unneeded for District purposes during the terms of the leases. C:\ Users \danderson\AppData \Local \Microsoft \Windows \Temporary Internet Files \Content.Outlook \DVCG8C5G \PP Set PH for Lease Agreement for 4737 Imhoff PI 12 -4 -14 Final.doc Page 2 of 2