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City of San Leandro <br />Meeting Date: September 8, 2015 <br />t+q Alt- Staff Report <br />File Number: 15-514 Agenda Section: CONSENT CALENDAR <br />Agenda Number: 8.H. <br />TO: City Council <br />FROM: Chris Zapata <br />City Manager <br />BY: Cynthia Battenberg <br />Community Development Director <br />FINANCE REVIEW: Not Applicable <br />TITLE: Staff Report for Resolution Approving Amendment to Lease with San Leandro <br />Sailing Club, Inc., dba Spinnaker Yacht Club of San Leandro, for Property at <br />75 Pescador Point Drive in the San Leandro Shoreline Area <br />SUMMARY AND RECOMMENDATIONS <br />The current lease between the City of San Leandro and the San Leandro Sailing Club, Inc., <br />dba Spinnaker Yacht Club of San Leandro (Spinnaker), originally dated August 9, 1971 and <br />amended on numerous occasions, is set to expire on December 31, 2015. A five-year <br />extension of the lease through 2021 has been requested by Spinnaker. City Council adoption <br />of the Resolution Approving Amendment to Lease with San Leandro Sailing Club, Inc., dba <br />Spinnaker Yacht Club of San Leandro is recommended. <br />BACKGROUND AND ANALYSIS <br />Spinnaker currently leases an area of approximately 18,700 square feet which includes a <br />2,020 square foot building, decks, storage cabinets, and a 160 -foot dock. Spinnaker currently <br />has approximately 80 members. In addition to social functions, Spinnaker promotes a <br />number of activities which benefit the Marina, including "cruise -ins" by other yacht clubs, the <br />annual lighted boat parade and the junior sailing program during the summer. <br />The City and Spinnaker have agreed upon the following proposed amendments to the lease: <br />A five-year extension of the lease through December 31, 2021. <br />A prescribed right for the City to terminate the lease agreement with six months notice <br />between January 1, 2016 and December 31, 2021. <br />Elimination of the additional rental fee based upon 10% of gross annual membership <br />income, effective January 1, 2016. <br />These proposed amendments are generally consistent with other leases in the Shoreline <br />Recreation Area. This lease currently generates $4,200 annually for the Shoreline Enterprise <br />City of San Leandro Page 1 Printed on 9/212015 <br />