Title
Approval of a Resolution Authorizing the Lease of City-Owned Property Located at 112 4th Avenue W to South Puget Sound Community College
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the resolution authorizing the lease of the City-owned property located at 112 4th Avenue W to South Puget Sound Community College and authorizing the City Manager to execute all necessary documents.
Report
Issue:
Whether to approve the lease of the property located at 112 4th Avenue W to South Puget Sound Community College.
Staff Contact:
Mike Reid, Economic Development Director, 360.753.8591
Mark Barber, City Attorney, 360.753.8338
Presenter(s):
None - Consent Calendar Item
Background and Analysis:
On September 25, 2018, the Olympia City Council authorized the acquisition of real property located at 112 4th Ave W (the Property) to be used to support mixed use development including commercial, residential, civic use, and structured parking. Recognizing that an extended period of time will be required to accomplish the necessary public process to determine the elements of the contemplated future development, staff proposes that the vacant space at 112 4th Ave W be leased on a year-to-year basis to South Puget Sound Community College (SPSCC).
The lease to SPSCC is in direct alignment with Comprehensive Plan objectives:
This is directly supported by the following City of Olympia Comprehensive Plan Goals:
PE6.7 - Collaborate with The Evergreen State College, St. Martin’s University, and South Puget Sound Community College on their efforts to educate students in skills that will be needed in the future, to contribute to our community’s cultural life, and attract new residents.
PE6.8 - Encourage The Evergreen State College, St. Martin’s University, and South Puget Sound Community College to establish a physical presence in downtown.
As rent, SPSCC agrees to operate a workforce development and education program (“program services”) onsite associated with culinary/catering and craft brewing and distilling. Provision of the program services is in lieu of monetary rent. SPSCC agrees to provide the City of Olympia with a written annual report summarizing its provision of program services.
Neighborhood/Community Interests (if known):
This effort is consistent with the Comprehensive Plan and Downtown Strategy, which both had significant amount of community interest and involvement.
Options:
1. Approve the resolution authorizing the lease of 112 4th Avenue W to South Puget Sound Community College, authorizing the City Manager to execute all documents necessary
2. Do not authorize lease of 112 4th Avenue W to the South Puget Sound Community College. This will mean the property will remain vacant unless leased to another organization or company, or until the City develops and implements its long-term vision for the Property.
Financial Impact:
The lessee shall be responsible for maintenance and upkeep of the structures and landscaping upon the property. The proposed Lease Agreement also provides for the lessee to insure the premises and to add the City as an additional insured. A lease will save the City the expense of maintaining and monitoring the Property while the City determines its future use.
Attachments:
Resolution
Agreement