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The City is foregoing potential lease revenue (for the RALF Fund) that could be generated from the market rate <br />leasing of this space. However it is unlikely that this parcel could be leased by anyone else aside from Youth First <br />Community of Promise. <br />Recommendation: <br />Staff recommend adoption of Resolution #20-143 as presented. <br />Action: <br />Motion to Approve Resolution #20-143 Approving Second Addendum to Lease with Youth First Community of <br />Promise; subject to City Attorney review as to legal form and compliance with applicable Executive Orders in <br />regard to public health. <br />Attachments <br />Site Location Map <br />ACTION - Resolution #20-143 <br />ACTION - Draft Second Addendum <br />Executed 1st Addendum <br />Executed Original Lease <br />Form Review <br />Inbox Reviewed By Date <br />Tim Gladhill Sean Sullivan 07/06/2020 03:38 PM <br />Sean Sullivan (Originator) Sean Sullivan 07/06/2020 03:41 PM <br />Tim Gladhill Tim Gladhill 07/09/2020 07:57 AM <br />Kurt Ulrich Kurt Ulrich 07/09/2020 02:55 PM <br />Form Started By: Sean Sullivan Started On: 07/02/2020 11:15 AM <br />Final Approval Date: 07/09/2020 <br />