06 - Laserfiche WebLink

THE CITY OF 6 CITY COUNCIL AGENDA REPORT pLEASANTON November 6, 2018 Economic Development TITLE: APPROVAL OF USE AGREEMENT WITH PLEASANTON DOWNTOWN ASSOCIATION FOR CITY PROPERTY AT 333 DIVISION STREET SUMMARY The City of Pleasanton owns the building at 333 Division Street, located behind the Museum on Main. This building has been previously occupied by Valley Volunteer Center of Alameda County and Pleasanton Partnerships in Education (PPIE) under the terms of a formal use agreement. In 2017, the City and Pleasanton Unified School District staff discussed finding space for PPIE at the District's campus on Bernal Avenue; a suitable space was identified and PPIE moved its office in late 2017. With the City building at 333 Division Street now vacant, the timing is advantageous for Pleasanton Downtown Association (PDA) to enter into a use agreement with the City to locate the PDA office in a central downtown location. RECOMMENDATION Staff recommends the City Council approve the attached Use Agreement with the Pleasanton Downtown Association for the City owned building at 333 Division Street in downtown Pleasanton. FINANCIAL STATEMENT The current agreement between the PDA and the City requires the City to match the annual assessments paid by businesses in the Downtown Pleasanton Business Improvement District. In addition to the direct City contribution, the City provides a significant amount in indirect funding which includes staff time to administer the PDA assessments and contract, assistance and support for events, as well as the cost to maintain downtown planters, cleaning sidewalks, and garbage pickup. The use of this building is seen as part of the City's commitment to work cooperatively with the Pleasanton Downtown Association. As defined in the attached draft Use Agreement, beginning on March 1 , 2019, the PDA would pay the City a monthly rent of $974 through December 31 , 2019. In 2020, and each calendar year thereafter, the monthly rent will be adjusted by the annual Consumer Price Index.