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HomeMy WebLinkAbout05/21/1996, C-5 - YMCA SITE LEASE AT JOHNSON PARK council '�°5--21-96 j acEnaa Pepont CITY OF SAN LUIS 0 B I S P 0 FROM: John Dunn, City Administrative Officer Prepared Byaul LeSage, Director of Parks and Recreation SUBJECT: YMCA SITE LEASE AT JOHNSON PARK CAO RECOMMENDATION By motion: 1. Amend the lease agreement for the YMCA's use of a portion of Johnson Park reducing the rent from $200 per month to $1 per year, and authorize the Mayor to execute the amended agreement. 2. Forgive any past due rent, currently estimated at $3,300. DISCUSSION Background In 1977, the City entered into a long-term ground lease for the development of a racquetball facility on City property located in Johnson Park at 1020 Southwood Drive. In 1981, the City consented to an assignment of the lease to the San Luis Obispo County YMCA. On two occasions, the lease was assigned to a lending institution to protect their interests in the event of a default on the YMCA building loan. The lease is currently held by the YMCA. The original lease was developed between the City and a commercial racquetball operation. The lease called for a monthly rental fee of$200 and 2% of the gross revenue of the club. Since the lease was assigned to the YMCA, only the $200 per month rent has been collected. Mike Mogensen, General Director of the YMCA, has requested, on behalf of their board of directors that this fee be reduced from the current rate to $1 per year. A further request was made to forgive the back rent owed, currently in the amount of$3,300. The YMCA sees this as a part of a continuing effort to stabilize their fiscal situation. Like most non-profit organizations, the San Luis Obispo County YMCA has experienced a reduction in revenue over the past few years. In spite of a major belt tightening effort, which included the refinancing of the building loan, and the reduction of overhead costs by 25%, the YMCA operated at a deficit of $11,600 in 1995. Staff is in support of this request, because it is consistent with facility rental fees charged by the City to.other non-profit groups. This includes: the ECOSLO Recycling Yard, Little Theater, Art Center, and Children's Museum. Additionally, it is in the best interest of the City to have a strong, full-service YMCA in the community. Citizens would expect the Parks and Recreation Department to offer many of the programs now available at the YMCA. The City is not in a position to be able to take on that additional level of programming. FISCAL IMPACT 1. Reduction of the rental fee will result in an annual revenue loss of $2,400. 2. Forgiving the back rent will result in a one-time revenue loss of about $3,300. ALTERNATIVES 1. The City Council may choose not to consent to this item. The most likely result would be a reduction in programs offered by the YMCA to make up the shortfall. ATTACHMENTS 1. Letter from Mike Mogensen on behalf of the San Luis Obispo County YMCA 2. Amendment #lof the YMCA's Lease Agreement for Johnson Park GACAORMYMCAT FAq.WP ��S- s San Luis Obispo County YMCA 1020 Southwood Drive April 16, 1996 San Luis Obispo CA 93401 p Fzr(�54 San Luis Obispo City Council 990 Palm Street Five Cities Family YMCA San Luis Obispo, CA 93401-3249 340 Pomeroy Avenue Pismo Bich,CA x3449 -04182 (805)773182 Dear Members of the City Council, Fax(805)773182 Sometime ago the YMCA requested that the Southwood Drive site rental fee of$200 BOARD OF DIRECTORS per month be waived and back rent forgiven. Ezecurm CommiBee Jadc Higbee q President This request is a vital element to the YMCA's continued efforts to stabilize financially and to YMCA programs that increasingly meet countless needs of Youth, Steve McCarty Families, and Seniors in San Luis Obispo. Vice President Greg Stafford Mr. Le Sage has been most professional in the way he has guided me through the Stay process that has resulted in this request of the City Council. Bill Roberts The YMCA Board of Directors is most anxious to hear of your favorable decision. Finance Char Jun Gall If I can be of any further assistance please do not hesitate to call. The same goes FnarxialDevelopment for our Board President Mr. Higbee (541-6424) Roy Livingston Thank you. Past President Board limbers Sincerely, Leslie Ba r Darcy cry Boyd Adrian Bray Lam Brown Barrie Cleveland Mike Mo Pete Dougau ensen 9 Mickey Feuer General Director Mike Glavin Brad Hair TracyHyde cc: Jack Higbee Uoyd Vince Maloney Paul Le Sage Steve Mathis Steve McCarty Warren Mindheum Miguel Paredes Ted Rich Mike Seitz David Wong Mike Mcgensen Genera!Dsectar ATTACRIENT 1 We Build Strong Kids Strong Families Strong Communities 1447z:9 AMENDMENT NO. 1 GROUND LEASE BETWEEN THE CITY OF SAN LUIS OBISPO AND THE SAN LUIS OBISPO COUNTY YMCA FOR A PORTION OF JOHNSON PARK The AGREEMENT, dated December 31, 1977, between the CITY OF SAN LUIS OBISPO, a municipal corporation, hereinafter referred to as "City" and the SAN LUIS OBISPO COUNTY YMCA hereinafter referred to as "LESSEE" is hereby amended as follows: ARTICLE VI. RENT 6.01 Basic Minimum Annual Rent. TENANT shall pay the City the sum of $1.00 per year for this ground lease. (ARTICLE VI SECTIONS 6.02 THROUGH 6.06 HAVE BEEN DELETED.) All other terms and conditions of the AGREEMENT remain the same. Both CITY and LESSEE do covenant that each individual executing this addendum on behalf of each party is a person duly authorized and empowered to execute Agreements for such Pty• IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed on the day of , 1996. ATTEST: CITY OF SAN LUIS OBISPO A Municipal Corporation City Clerk, Allen Settle, Mayor APPROVED AS TO FORM: LESSEE: r /effoqornsfCi Attorney Mike Mogensen, YMCA ATTACHMENT 2