AMENDMENTS TO OPERATING AGREEMENTS AND LAND LEASE

Browse Search

City of Thou TO: Andrew P. Powers, City Manager FROM: John F. Adams, Finance Director DATE: July 10, 2018 Finance Department STAFF REPORT 2100 Thousand Oaks Boulevard • Thousand Oaks, CA 91362 Phone 803/449.2200 • Fax 805/449.2250 • www.toaks.org SUBJECT: Amendments to AdultlTeen Center Agreements RECOMMENDATION: 1. Approve First Amendment to Operating Agreement with Conejo Recreation and Park District (Contract No. 1680-1988) for the Goebel Adult Community Center to extend term for a period of 20 years. 2. Approve First Amendment to Land Lease with Conejo Recreation and Park District (Contract No. 1681-1988) to standardize terms. FINANCIAL IMPACT: No Additional Funding Requested. Minimal staff time to complete staff report is included in the Adopted FY 2017-18 General Fund Budget. BACKGROUND: In 1988, the City teased property trom the Conejo Recreation and Park District (District) to construct the Goebel Adult Community Center (Adult Center) and the Alex Fiore Thousand Oaks Teen Center (Teen Center). Land Lease Agreement number 1681-1988 (Land Lease) has a 50 -year term and expires in 2038. In addition, the City and the District entered into Operating Agreement number 1680-88 (Operating Agreement) for the administration of the Adult Center. Pursuant to the Operating Agreement, the City maintains the building and improvements and pays for most utilities. The District provides programming and funds personnel and furnishings. The Operating Agreement has a 30 -year term which expires in July 2018. DISCUSSIONIANALYSIS: City and the District have a history of a close cooperation in the development, construction, and operation of the important public facilities at the entrance to the Conejo Creek North Park: the Grant R. Brimhall Library, the Goebel Adult Community Center, and the Alex Fiore Teen Center. These facilities have proven to be highly successful and are very popular with City residents.