Item Coversheet
Item #1.

Staff Report: 125-22

TO:

Mayor and City Council




FROM:

Eric Holmes, City Manager




DATE:

9/19/2022








SUBJECT


Renewal of Residential Lease located at 12700 SE Evergreen Hwy
Key Points
  • Parcel near East Biddle Lake was purchased for future neighborhood park purposes
  • Development funds are not currently available for park development at this location
  • The City has been leasing the residential structure on this parcel for several years
  • Renewing the residential lease at this time will ensure continued revenue, a caretaker presence and reduce interim maintenance expenses

Strategic Plan Alignment
Goal 4: Ensure that Vancouver's parks and trails system is the highest quality and most complete in the region
Present Situation

East Biddle Lake

 

The City of Vancouver purchased an in-holding of 1.61 acres adjoining the eastern boundary of Columbia Springs in 2013 utilizing Park Impact Fee funding. After formal termination of a life tenancy in 2016, possession transitioned to the City. The intent of the purchase was to provide urban park opportunities for the surrounding neighborhood, as well as expand opportunities for environmental education in partnership with Columbia Springs. The City has leased the residential structure since receiving ownership in 2016.

 

The City and Columbia Springs entered into a Memorandum of Understanding (MOU) detailing potential transition of site management and maintenance to Columbia Springs upon entering into a future long-term lease agreement. Implementation of a future lease agreement requires demonstration of plans for interim and long-term use (including how the site will serve neighborhood park purposes), how both City properties will be incorporated into the Columbia Springs master plan, as well as proposed site improvements, management, operations and funding.

 

Columbia Springs continues their planning processes to update their master plan, determine a sustainable use for the property, and secure funding for site improvements, maintenance and operations consistent with the intent of the MOU; however, Columbia Springs is not yet in a position to take over management of this site.

 

In order to provide continued caretaker presence, grounds maintenance, and prevent vagrancy and vandalism issues, staff recommends an additional 24-month lease of the East Biddle Lake residence and associated property. The residential lease is for $1,372 per month, includes a 2% increase for year 2 and includes the responsibilities for site maintenance.


Advantage(s)
  1. City of Vancouver Parks & Recreation Department will continue to receive net revenue for this property.
  2. On-site caretakers provide security and reduced maintenance expenses.
  3. Rent revenues support any necessary residential structure repairs.

Disadvantage(s)
None
Budget Impact

Revenue has been accounted for in the current and upcoming budget.


Prior Council Review
None
Action Requested

Authorize the City Manager, or their designee, to execute document for Real Estate Lease for East Biddle Lake.

 

Geraldene Moyle, General Services Director, 360-487-8633

 


ATTACHMENTS:
Description
Residential Real Estate Lease with exhibits