| | | | | | | |  | Item #8.
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| | | | | | | | | TO: |
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| Mayor and City Council |
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| Eric Holmes, City Manager |
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| | DATE: |
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| 9/13/2021 |
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| SUBJECT
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| Lease Agreement between City of Vancouver and US Army Corps of Engineers
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| | | | | | | | Key Points
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Extend lease of US Army Corps of Engineers (USACOE) for a parcel of unimproved land located at 4480 SE Columbia Way through 2026.
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Location of this property allows for US Army Corps of Engineers to continue to provide efficient delivery of its programs and services.
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Allows for continued partnership between agencies.
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| | | | | | | | | Strategic Plan Alignment | N/A
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| | | | | | | | | Present Situation | In October 2011 the US Army Corps of Engineers (USACOE) and City of Vancouver entered into a lease agreement for a parcel of unimproved land located at 4480 SE Columbia Way. The USACOE completed required street improvements and relocated their office trailers and equipment from Kalama to Vancouver in order to provide services closer to the Vancouver metropolitan area. The City of Vancouver and USACOE’s current lease agreement expires 9/30/2021. Because of the proximity to the Columbia River and the efficiencies this location provides, USACOE would like to continue leasing this property through 2026.
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| | | | | | | | | Advantage(s) | Provides the City of Vancouver with a continued long-term revenue stream.
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| | | | | | | | | Budget Impact | The lease of this parcel will provide revenue into the City of Vancouver throughout the term of the agreement
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| | | | | | | | Prior Council Review
| Current lease approved 7/11/2016
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| | | | | | | | | Action Requested | Authorize the City Manager or his designee to execute a Lease Agreement between the City of Vancouver and United States of America (US Army Corps of Engineers).
Linda Carlson, Property Management Specialist, 360-487-8423
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