TO:
Honorable Mayor and Members of the City Council
THROUGH:
Talyn Mirzakhanian, City Manager
FROM:
Patricia Matson, Senior Management Analyst
SUBJECT:Title
Consideration of a Resolution Approving the Proposed Fiscal Year 2025-2026 Chamber of Commerce Work Plan Agreement; Future Lease Payments for a New Lease Associated with the Office Space Utilized by the Chamber of Commerce; and Receipt of the Fiscal Year 2024-2025 Work Plan Report (Potential Budget Impact) (City Manager Mirzakhanian)
(Estimated Time: 1 Hr.)
A) ADOPT RESOLUTION NO. 25-0131
B) AUTHORIZE THE CITY MANAGER TO FINALIZE THE TERMS AND EXECUTE THE AGREEMENT AND A NEW LEASE
C) DISCUSS & PROVIDE DIRECTION REGARDING FUTURE LEASE PAYMENTS
D) RECEIVE AND FILE FY 2024-2025 WORK PLAN REPORT
Body
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RECOMMENDATION:
Staff recommends that the City Council:
a) Provide direction to staff regarding the funding level commitment;
b) Adopt Resolution No. 25-0131 approving the proposed Fiscal Year (FY) 2025-2026 Chamber of Commerce Work Plan agreement;
c) Authorize the City Manager to finalize the remaining terms and execute the agreement as amended by City Council;
d) Discuss and provide direction regarding lease payments for the purpose of entering into a new lease associated with the office space currently utilized by the Chamber of Commerce and authorize the City Manager to execute the lease accordingly; and
e) Receive and file the Chamber of Commerce's FY 2024-2025 Work Plan Report.
FISCAL IMPLICATIONS:
The draft agreement allows the Chamber of Commerce (Chamber) to invoice the City of Manhattan Beach for three investment installments for expenses related to the provision of economic, business development, visitor attraction, and community enhancement services in a final amount to be determined by the City Council.
The Chamber of Commerce is requesting an agreement for an amount not to exceed $85,000. In the FY 2025-2026 budget, funds in the am...
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