CITY COUNCIL AGENDA ITEM
Memo Date: April 16, 2020
Agenda Date: April 22, 2020
Prepared By: Samantha Senger, APR, APIO, Assistant to the City Manager
Through: Matthew Fuhrer, Interim City Manager
Requested Action:
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Seek Council direction on an inquiry to assist the small businesses and non-profit agencies renting space (with rental fees in excess of $1) at the Porcher House and Civic Center during the COVID-19 pandemic...End
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BACKGROUND:
On April 3, 2020 we received an inquiry from one of our tenants about rental assistance during the COVID-19 pandemic.
Currently, the Porcher House has three tenants and the Civic Center has one tenant. Rental rates are as follows:
Tenant
Location
Rent
CAM
Tax
Due
Anello Consulting
PH #205
$328.14
$18.36
$24.26
$370.76
Jackson Private Wealth
PH #203
$323.95
$23.61
$24.33
$371.89
Jackson Private Wealth
PH #204
$409.20
$20.60
$30.09
$459.89
HCVMS
PH#201
$1.00
$23.61|10 10|$24.71
St. Marks
CC Rm 2
$660.00
$33.00|10 10|$693.00
All of the lease terms end on September 30, 2020.
The following are options are for City Council consideration:
1. Continue with the status quo and do not change the terms or rates of the current agreements.
2. Give tenants an optional rental deferment option for the months of May and/or June. Tenants would be required to pay the deferred rent with the July and August payments. Deferment would be on all or a portion of the rental amount requested by the tenant of their monthly total only and would not include Common Area Maintenance fees or taxes. No late fees or interest will apply to the deferred amount.
3. Offer tenants a waiver or reduction in rental fees for the months of May and June.
In addition, unless the City Council objects, City staff would like to implement a monthly rent payment grace period and waive late fees for rent due in April, May and June provided the rent is fully paid by the end of the month that it is due. For example, if the rent is due May 1, and payment is r...
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