AgdaPkt 2012-11-19 - Laserfiche WebLink

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6.2. B. - Page 1 RE PO RT To the Honorable Mayor and City Council From the City Manager November 19, 2012 SUBJECT Resolution Waiving Notice of the County of San Mateo's Lease of Real Property RECOMMENDATION Adopt a Resolution waiving notice of the County of San Mateo's Lease of Real Property. BACKGROUND On November 2, 2012, San Mateo County advised the City of its intent to lease office space at 555 Marshall Street. The lease will be presented to the Board of Supervisors on November 20, 2012. Government Code Section 25351 requires that whenever the board of supervisors of a county decides to enter into a lease of an existing building within the incorporated territory of a city, the board shall notify in writing, at least 60 days prior to entering into a lease, the city clerk of the city where the building is to be leased. Pursuant to Government Code Section 25351, the City can, by resolution, agree to waive the required 60-day notice. ANALYSIS The County has requested the City Council adopt a resolution waiving the 60-day noticing requirement. The County intends to lease space at 555 Marshall Street and in turn enable the San Mateo Credit Union to move from their current headquarters into this building while their property is redeveloped. By adopting the attached resolution, the City Council enables the County to move forward with the lease without delay and, consequently, enables the Credit Union to continue its pursuit of the redevelopment of its headquarters' property. The redevelopment of this site is consistent with the Downtown Precise Plan and potentially a significant housing and office development. ALTERNATIVES If the City Council chooses to not adopt the resolution, then a 60-day public notice requirement would be in effect. Such action likely delays the redevelopment of the Credit Union property. FISCAL IMPACT There is no fiscal impact directly connected to this action.