City Council

4. PROPERTY ACQUISITION AND LEASE AGREEMENT FOR YMCA\nBUILDING - City Council to consider acquiring the property located at 26147 McBean\nParkway, and amending the property lease between the YMCA of Metropolitan Los\nAngeles and the Valencia Summit Homeowners Association, naming the City of Santa\nClarita as the tenant.\nRECOMMENDED ACTION:\nCity Council:\n1. Approve a Donation Agreement with the YMCA for the transfer of ownership of the\nbuilding located at 26147 McBean Parkway, at no cost to the City.\n2. Amend the Lease Agreement between the YMCA and the Summit Homeowners\nAssociation, removing the YMCA as the tenant and naming the City of Santa Clarita\nthe tenant for the duration of the lease.\n3. Authorize the City Manager or designee to execute all documents, subject to final\nlanguage approval by the City Manager and City Attorney.