AgdaPkt 2007-02-05 - Laserfiche WebLink

Browse Search

6.1A Page 1 REPORT To the Honorable M'ayor and City Council And the Redevelopment Agency Board From the Oi, M,;inaer and tile Executive Director February 5, 2007 Subject License Agreement between the Redevelopment Agency and Tarboosh Restaurant. Recommendation By motion, approve the License Agreement and authorize the Redevelopment Agency Executive Director to make any "non-sustantive" modifications as necessary for execution. Background On October 24, 2005 the Redevelopment Agency Board ("RDA") approved an Outlease Agreement with the United States Postal Service ("USPS") for the open space located between the downtown post office and the building currently occupied by the Tarboosh Restaurant ("Tarboosh"). This innovative partnership was undertaken with the intent of furthering the City's policy of ". . . creating comfortable, enjoyable and aesthetically pleasing public spaces. . . ," and upgrading a green space that has historically been underutilized, flooded during the rainy season and poorly maintained. The Outlease between the RDA and the USPS enables the RDA to demolish some of the existing improvements and to construct new improvements known as "The Paseo" designed by Ron Benoit Associates, landscape architects. The contract for the construction of the improvements was awarded by the RDA on November 30, 2006 and work has commenced with completion scheduled in April 2007. The final provision of the Outlease to be implemented is the License Agreement with Tarboosh for approximately 2,000 square feet of The Paseo adjacent to the restaurant. Tarboosh in turn will build improvements for outdoor dining on this portion of the site (see Site Plan, Exhibit B of License Agreement, Attachment 1). The License Agreement includes provisions requiring the restaurant to pay for the improvements to the dining area and pay for maintenance of portions of The Paseo as well as the dining area, More importantly, it is contingent upon compliance with all entitlements and permits required for operation of the restaurant and outdoor dining. A more detailed description of the terms of the License Agreement follows. Terms of License Aareement: All provisions of the License Agreement are subject to the agreement between the RDA and USPS. Specifically, the key provisions include: 1. One year term commencing upon Notice to Proceed with improvements, automatically renewable annually. REDEVSHARED_2007 STAFF REPORTS_01-2007 _Tarboosh