AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 3/20/2019
TO: Honorable Mayor and City Council Members
FROM: Community Development Department
SUBJECT:
Title
City Council consideration of the Termination of the First Amendment to City of Corona - Historic Civic Center Lease Agreement with Off Broadway Corona Theater.
End
RECOMMENDED ACTION:
Recommended action
That the City Council:
1. Approve the Termination of the First Amendment to City of Corona - Historic Civic Center Lease Agreement with Off Broadway Corona Theater.
2. Approve an estimated revenue decrease of $840 in the Historic Civic Center Fund 232 for the remainder of Fiscal Year 2018-19.
Body
ANALYSIS:
Off Broadway Corona Theater (OBC) is a local community theater providing opportunities for actors of all ages to participate in productions with professional actors and directors. On April 4, 2018, the City Council approved a lease with OBC for office space at the Historic Civic Center (HCC), Suite 170, roughly 231 square feet. On October 18, 2018, the City Council approved the First Amendment to the lease agreement allowing OBC to utilize the HCC Community Room, Suite 120, on a weekly basis to accommodate their larger group activities including acting, vocal and orchestra training and rehearsals.
In accordance with the First Amendment, OBC leased Suite 120 each Tuesday from 5:00 p.m. to 9:00 p.m. for a monthly cost of $210 effective retroactively to July 2018.
OBC has rapidly outgrown their use of Suite 120, and now wish to terminate the First Amendment. To accommodate their growing needs, they leased additional space off-site which provides them unfettered access for larger group activities, orchestra training, rehearsals, storage space, etc. If approved, the termination agreement becomes effective retroactive to March 1, 2019.
All other terms, obligations and conditions shall remain in effect.
COMMITTEE ACTION:
Not applicable.
STRATEGIC PLAN:
Not applicable.
FISCAL IMPACT:
Approval of this action will result in a loss of revenue of $210 per month or $2,520 annually. The revenue decrease for the remaining four months of Fiscal Year 2018-19 is $840 in the Historic Civic Center Fund 232.
ENVIRONMENTAL ANALYSIS:
The execution of this lease agreement in not a project under the California Environmental Quality Act, therefore, an environmental analysis was not required.
PREPARED BY: CYNTHIA LARA, ADMINISTRATIVE SERVICES MANAGER II
REVIEWED BY: JOANNE COLETTA, COMMUNITY DEVELOPMENT DIRECTOR
REVIEWED BY: KERRY D. EDEN, ASSISTANT CITY MANAGER/ADMINISTRATIVE SERVICES DIRECTOR
SUBMITTED BY: MICHELE NISSEN, ACTING CITY MANAGER
Attachment:
1. Exhibit 1 - First Amendment Termination Agreement