Title
Resolution to Enter a Lease with Huron River Holdings, LLC for Argo Overflow Parking at 412 and 416 Long Shore Drive ($48,000.00/4 years) (8 Votes Required)
Memorandum
This resolution approves a one-year lease with up to three automatic renewals with Huron River Holdings, LLC for use of the parking lots at 412 and 416 Longshore Drive. These parking lots have been used to accommodate overflow parking needs at Argo since 2012 and help to reduce the amount of street parking in the neighborhood during the livery season by park users.
Terms of the lease allow the City to use the approximately 40 spaces in the west parking lot for park use only and used seven days per week, 9 a.m. to sunset. The additional 6 spaces in the west parking lot that are marked reserved and the approximately 12 spaces in the east parking lot will be available for park use on weekends and holidays only, providing additional parking for the Argo Park and Livery. The lease before you reflects an increase in the annual payment from $9,000.00 to $11,750.00 per season. The lease is effective from April 18 through October 25 of each year (livery season). The lease renews automatically for up to three years unless one of the parties opts out.
Budget/Fiscal Impact
The parking lots at 412 and 416 Longshore Drive provide up to an additional 58 parking spaces. It is expected that revenue from user fees will continue to offset the cost of leasing the parking lots for the livery season. Funding is available in the approved FY2019 Parks & Recreation Services General Fund operating budget and will be contained annually in the Parks & Recreation Services General Fund for future years of the agreement.
2019: $11,750
2020: $12,000
2021: $12,250
2022: $12,500
The Park Advisory Commission unanimously recommended approval of this lease at their January 29, 2019 meeting.
Staff
Prepared By: Colin Smith, Manager, Parks and Recreation
Reviewed By: Derek Delacourt, Community Services Area Administrator
Approved By: Howard S. Lazarus, City Administrator
Body
Whereas, Argo Canoe Livery and Argo Cascades are used heavily due to the popularity of water recreation;
Whereas, The parking lots at 412 and 416 Longshore Drive provide up to 58 parking spots in close proximity to the Argo Livery;
Whereas, Demand for parking at the canoe livery is seven days a week between April and October when the livery is open;
Whereas, These parking lots have been used since the 2012 season and have assisted in helping meet parking demand;
Whereas, The revenue from users fees offset the cost of leasing the parking lots for the livery season;
Whereas, Funding is available in the approved FY2019 Parks & Recreation Services General Fund operating budget; and
Whereas, The Park Advisory Commission unanimously recommend approval of this lease at their January 29, 2019 meeting;
RESOLVED, That City Council approves a lease with Huron River Holdings, LLC in the amount of $11,750 for 2019 and increasing $250 per year thereafter for up to 3 additional years for the use of parking lots at 412 and 416 Longshore Drive for additional Argo Canoe Livery parking;
RESOLVED, That the Mayor and City Clerk are authorized and directed to execute the lease after approval as to substance by the City Administrator and approval as to form by the City Attorney; and
RESOLVED, That the City Administrator is authorized to administer the lease and to terminate the lease under its terms if the City Administrator determines it is in the best interest of the City.