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Chief Administrative Office, Parks Division, recommending the Board:
1) Approve and authorize the Chair to sign Lease Agreement 155-L1511 with the George and Shirley Kesseler Limited Partnership to lease the real properties referred to as APNs 327-010-03 and 327-010-04 for the retroactive period of December 1, 2014 through November 30, 2019 for an annual lease payment to be received of $2,384.05 retroactively from December 1, 2014; and
2) Authorize the Purchasing Agent, or designee, to exercise the options to extend the lease term for (2) two additional (5) five year periods from December 1, 2019 through November 30, 2029 and to execute further documents relating to Lease Agreement 155-L1511, including future Options and Amendments contingent upon approval by County Counsel and Risk Management.
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DEPARTMENT RECOMMENDATION
Chief Administrative Office, Parks Division, recommending the Board:
1) Approve and authorize the Chair to sign Lease Agreement #155-L1511 with the George and Shirley Kesseler Limited Partnership to lease the real properties referred to as APNs 327-010-03 and 327-010-04 for the retroactive period of December 1, 2014 through November 30, 2019 for at an annual lease payment to be received of $2,384.05 retroactively from December 1, 2014; and
2) Authorize the Purchasing Agent, or designee, to exercise the options to extend the lease term for (2) two additional (5) five year periods from December 1, 2019 through November 30, 2029 and
to execute further documents relating to Lease Agreement #155-L1511, including future Options and Amendments contingent upon approval by County Counsel and Risk Management.
DISCUSSION / BACKGROUND
In 1996, the Sacramento-Placerville Transportation Joint Powers Authority (SPTC-JPA) acquired title to the Southern Pacific railroad right of way (transportation) corridor (SPTC). The SPTC-JPA by written agreement, delegated the management of the portion of the right of way located within El Dorado County's juri...
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