Placentia

City Council

October 03, 2023 Order of Business 1 #C

Agenda Item C

1.c. Staff Report - Placentia Chamber of Commerce\nAgreements\n1.c.1 Lease Agreement with Chamber of Commerce\n1.c.2 Cooperation Agreement with Chamber of Commerce\nt: Expenses: $25,000\nCooperative Agreement Funding: $25,000 FY 2023-24\nOperating Budget (101534-6403) Revenue: $ 5,052\nAnnual Lease Payment (101534-4711)\nRecommended Action: It is recommended that the City\nCouncil:\n1) Approve the Lease Agreement between the City of\nPlacentia and the Placentia Chamber of Commerce for\nreal property located at 120 S. Bradford Avenue for a\nterm ending on October 1, 2028; and\n2) Approve the Cooperation Agreement between the City\nof Placentia and the Placentia Chamber of Commerce\nfor a term ending on October 1, 2028; and\n9/29/23, 1:31 PM placentia.granicus.com/GeneratedAgendaViewer.php?view_id=4&event_id=429\n3) Authorize the City Administrator and/or his designee\nto make non-substantive changes as necessary and\nexecute the Agreements on behalf of the City, in a\nform approved by the City Attorney.