City Council

CC 4. MOAH:Cedar Creative Incubator Space Lease Agreements Recommendation(s): A. Authorize City Manager or designee to negotiate terms of lease agreements of up to four years 11 months in length and at a rate of $.65 per square foot per month, plus an annual CPI with current and future tenants to occupy real property, located at 44857 Cedar Avenue, known as the Creative Incubator Space. B. Authorize the City Manager, or designee, to sign all documents related to the lease agreements and all amendments, including amendments to extend the term of each lease to no later than July 1, 2031, subject to City Attorney approval. The Creative Incubator program advances the City's commitment to supporting the local creative economy by providing organizations and artists with accessible space to develop programming, expand services, and engage the community through arts and cultural experiences.