City Council

18. Approve an Appropriation Adjustment and a Lease Agreement with RailWorks Track Services, Inc. for Office Space at the Santa Ana Regional Transportation Center for a Five­Month Term with 12 One­Month Extensions, for a Total Amount of $73,031 (Non­ General Fund) Department(s): Public Works Agency Recommended Action: 1. Authorize the City Manager to execute a site lease agreement with Railworks Track Services, Inc. to compensate the City $4,356 per month, with any partial month prorated at $145 per day, for the lease of 1,452 square feet of office space located at the Santa Ana Regional Transportation Center, for a five­month term beginning February 6, 2024 and ending June 30, 2024, with the option of 12 one­month extensions, for a total of $73,031 in lease revenue for the entire term of the agreement, including the optional extensions (Agreement No. A­ 2024­XXX). 2. Approve an appropriation adjustment recognizing Fiscal Year 2023­24 lease income in the amount of $20,759 into the SARTC Operations, Rental­RailWorks revenue account and appropriate the same amount to the SARTC Operations, Contractual Services­Professional expenditure account. (Requires five affirmative votes)