Report to Mayor and City Council
Tuesday, November 01, 2022
Consent
SUBJECT:
Title
CONSIDER APPROVAL OF AMENDMENT NO. 1 TO THE LEASE AGREEMENT BY AND BETWEEN THE CITY OF CARSON AND THE SANITATION DISTRICT NO. 8 OF LOS ANGELES COUNTY FOR THE USE OF 10.5 ACRE PROPERTY LOCATED AT ASSESSOR PARCEL NUMBER (APN) 7330-007-906 NEAR 321 W. SEPULVEDA BLVD (CITY COUNCIL)
Body
I. SUMMARY
The City of Carson and the County Sanitation District No. 8 of Los Angeles County ("Sanitation District") entered into a Lease Agreement (Exhibit No. 1) on October 14, 2020, for the portion of the immediately adjacent to Carriage Crest Park near 321 W. Sepulveda Boulevard (APN 7330-007-906) ("Property") (Exhibit No. 2).
The due diligence period in the approved Lease Agreement will expire on December 15, 2022. The proposed Amendment to the existing Lease Agreement will extend the due diligence period by approximately twenty-four (24) months to allow the City to perform its due diligence to determine if the Property is suitable development of a public park.
On October 19, 2022, staff sent a letter to the Sanitation District requesting this extension (Exhibit No. 3). The letter described the City's good faith efforts over the past twenty-four (24) months in performing its due diligence. Among these efforts include the securing of a $6 million dollar grant funding from the State of California grant to fund the park development project.
Sanitation District staff will present the City's request to their Board on November 9th. As such, an Amendment to the existing Lease Agreement ("Amendment No. 1") (Exhibit No. 4) has been prepared for City Council and Sanitation District Board approval. This Amendment No. 1 extends the Due Diligence Period until December 15, 2024. Tonight's recommended action is to approve the Amendment No. 1.
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. APPROVE the Amendment No. 1 to the Lease Agreement.
2. AUTHORIZE the Mayor to execute t...
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