City Council

11. Approve a Lease with Orange County Flood Control District, in the amount of $215,000 per year not including CPI, for a total estimated amount of $6,700,000 for the initial term inclusive of CPI, for the City’s use of a 44.18-acre flood basin parcel located within Dad Miller Golf Course, located at 430 N. Gilbert Street, for an initial term of 25 years with five five-year optional renewals; and authorize the Director of Community Services, or designee, to execute and administer the Lease and future renewals.