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#3 Desk ItemMEETING DATE: 06/17/13 ITEM NO: 3 DESK ITEM DATE: JUNE17, 2013 TO: MAYOR AND TOWN COUNCIL /l G FROM: GREG LARSON, TOWN MANAGER SUBJECT: AUTHORIZE TOWN MANAGER TO NEGOTIATE AND EXECUTE A LEASE AGREEMENT WITH THE LOS GATOS MUSEUM ASSOCIATION FOR A PORTION OF THE FORMER LIBRARY SPACE AT THE CIVIC CENTER REMARKS The Mayor has requested clarification regarding the reference in the staff report to potential minor revisions to the lease agreement. All key terms have been successfully negotiated per Council direction and included in the lease agreement. An outstanding minor term yet to be finalized is the hours permitted for Museum deliveries. The Museum has acknowledged that deliveries will be limited to times that minimize impact on Civic Center parking; however, the times have not yet been set. In addition, when the design for the HVAC system is finalized, the amount of square feet leased by the Museum may change slightly. If this information is not determined at the time the lease is signed, language acknowledging the potential change in square footage will be included in the lease. In addition, there is a typographical error regarding the square footage noted in the lease in Section 5.1.2. The correct square footage on the lower level is 7,260. anA-0-2-9-010 CO PREPARED BY: PAMELA JACOBS ASSISTANT TOWN MANAGER Reviewed by: Assistant Town Manager 1j Town Attorney Finance N:\MGR\Management StatllPJacobs\Special Projects\Library Re-Use\Desk Item Museum lease.doc Updated: 7/I/11