REPORT TO COUNCIL
SUBJECT
Title
Authorize the City Manager or his designee to Execute a License Agreement Between the City of Sunnyvale and TP DPE LLC for 84 Parking Stalls at the Sunnyvale Golf Course
Report
BACKGROUND
A real estate broker representing TP DPE LLC and the Jay Paul Company approached the City with a proposal to use 84 parking stalls located at the Sunnyvale Golf Course on a temporary basis. These stalls will be used by the employees of companies located across Maude Avenue while construction is taking place at those buildings.
EXISTING POLICY
Council Policy 1.2.7 Acquisition, Leasing and Disposition of City-Owned Real Property
Section 2. Lease of City-Owned Real Property
Real property held for future use may be leased for profit when deemed appropriate and favorable to the City and in accordance with Sunnyvale Municipal Code Chapter 2.07. Property leased to outside entities should be based on the current market rent except when Council finds there is a public purpose for leasing at a lower rate.
Section 2A. Revenue from the leasing of City-owned property shall be deposited into the Fund in which the property was purchased, except when a fund no longer exists, it will be at the direction of the Awarding Authority as per Municipal Code 2.07.
Sunnyvale Municipal Code Chapter 2.07 (Purchase, Sale or Lease of Real Property) contains the following approval requirements for transactions involving Publicly Accessible Recreation and City Service (PARCS) property:
The City Council is the awarding authority for all sales or leases of PARCS property where the sales price or lease cost exceeds a total of seventy-five thousand dollars. Requires an affirmative vote of 6 Council members to approve a sale or lease of PARCS property, or to remove a property from the PARCS list.
The City Manager has awarding authority for sales or leases of PARCS property where the sales price or lease cost is seventy-five thousand dollars or less, or where the lease results...
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