Title
Report regarding two resolutions authorizing the City Manager to approve a Lease Agreement with the Boys & Girls Club of the Peninsula for a portion of City-owned land at 201 West Orange Avenue for an existing building and a Consent, Assignment, Assumption and Amendment Agreement to assign an existing loan related to the building. (Sharon Ranals, Assistant City Manager)
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RECOMMENDATION
Recommendation
It is recommended that the City Council adopt two resolutions authorizing the City Manager to approve a Lease Agreement and a Loan Transfer Agreement, titled Consent, Assignment, Assumption and Amendment Agreement, with the Boys & Girls Club of the Peninsula (BGCP) for a building located on City-owned property at 201 West Orange Avenue.
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BACKGROUND/DISCUSSION
In 1958 a building was constructed at 201 West Orange Avenue by an organization which at that time was the Boys' Club. The building was constructed on land which was owned by the San Francisco Water Department, now the San Francisco Public Utilities Commission (PUC), which issued a Revocable Permit, dated January 7, 1958. The Permit granted the Boys' Club permission to utilize the land for the purpose of constructing and occupying a building "of a temporary, removable nature," for providing recreational activities for youth. The Permit was superseded by subsequent Permits in 1959 and 1961. In the 1990's BART acquired a swath of this PUC property for their underground train alignment.
In 2007/08, in conjunction with the development of plans for Centennial Way linear park and the Centennial Way Dog Park, the City's Redevelopment Agency purchased property from the PUC between Orange Avenue and Chestnut Avenue, including the land under what evolved into the Boys and Girls Club as well as the adjacent parking lot. The Redevelopment Agency executed an Assignment and Assumption of Lease with the PUC, dated January 30, 2008, in which the terms of the agreement between the San Francisco Water Compa...
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