HomeMy WebLinkAboutPRR24011 Rajagopal (1)1
From:Rice, Jennifer
Sent:Wednesday, January 3, 2024 12:24 PM
To:Bulbul Rajagopal
Cc:Cano, Molly; Horn, Matt
Subject:RE: Media request: New Times SLO
Hello Bulbul,
Please see responses below. Additionally, I am including Molly Cano, the City’s Economic Development and
Tourism Manager to provide additional follow up.
1. Has the city council discussed this specific rent reduction before at a public meeting?
No but proposed lease changes for any City property require City Council approval as a formality.
2. Did Jamestown submit any documents to the city in April 2023 that detailed Shoe Palace not being
interested in renewing its lease? If so, could I please access them?
The City has been in discussion with Jamestown regarding the lease and is happy to provide those
documents via our request process through the City Clerk’s office. Please expect a follow up from
them.
3. What is the Parking Fund that the 837 Marsh Street property produces revenue for?
The lease revenue goes into the overall Parking Fund for the City. Here is a quick link to more general
information on the City’s Parking Fund (starting on page 319).
4. I just wanted to make sure I'm understanding this correctly: Jamestown is a real estate company that
acquired the retail space. It rents the space to Shoe Palace who pays Jamestown roughly $15,000 in
monthly rent. Jamestown, in turn, pays that $15k sum to the city every month?
The City is the property owner but has a master lease agreement with Jamestown who handles leasing
the property to tenants. The terms of the monthly rent are outlined in the Council Agenda Report and
included in the attached agreement.
Myself or Molly are happy to provide additional information as necessary.
Jennifer Rice, PTP, AICP
pronouns she/her/hers
Deputy Director of Mobility Services
Public Works
Mobility Services
1260 Chorro, San Luis Obispo, CA 93401-3218
E jrice@slocity.org
T 805.781.7058
slocity.org
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From: Bulbul Rajagopal <
Sent: Tuesday, January 2, 2024 4:04 PM
To: Rice, Jennifer <jrice@slocity.org>; Horn, Matt <mhorn@slocity.org>
Subject: Media request: New Times SLO
This message is from an External Source. Use caution when deciding to open attachments, click links, or respond.
2
Hi Matt and Jennifer,
I'm Bulbul, a reporter from New Times SLO. I'm working on a preview story about the consent agenda item appearing
next week in front of the SLO City Council—specifically, Shoe Palace and Jamestown requesting rent reduction. I have a
few questions about that.
1. Has the city council discussed this specific rent reduction before at a public meeting?
2. Did Jamestown submit any documents to the city in April 2023 that detailed Shoe Palace not being interested in
renewing its lease? If so, could I please access them?
3. What is the Parking Fund that the 837 Marsh Street property produces revenue for?
4. I just wanted to make sure I'm understanding this correctly: Jamestown is a real estate company that acquired the
retail space. It rents the space to Shoe Palace who pays Jamestown roughly $15,000 in monthly rent. Jamestown, in
turn, pays that $15k sum to the city every month?
I have left you both voicemails and am happy to chat over the phone too if that's easier. My deadline for this story is
tomorrow at noon, and I'd be grateful for your responses any time before then. I appreciate any time you can dedicate
to my request.
Best,
Bulbul
–––––
Bulbul Rajagopal (she/her)
Staff Writer
New Times Media Group
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