City Council

(36) 23-1239 CD 14 COMMUNICATION FROM MUNICIPAL FACILITIES COMMITTEE (MFC) relative to a lease agreement with Young’s Holdings, Inc. for a 9.43-acre parcel located at 450, 500, and 590 South Central Avenue in Council District 14, for use by the Bureau of Sanitation’s Livability Services Division. Recommendation for Council action: AUTHORIZE the Department of General Services to negotiate and execute a new lease agreement between the City and Young’s Holdings, Inc. for a 9.43-acre parcel located at 450, 500, and 590 South Central Avenue for use by the Bureau of Sanitation’s Livability Services Division to operate their Environmental Quality Programs. Fiscal Impact Statement: The MFC reports that there is no additional General Fund impact beyond monies authorized for this purpose as part of current year Citywide Leasing Account and 2023-24 Adopted City Budget. Future year leasing costs will be addressed through the Citywide Leasing Account during the upcoming City Budget process.