Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
FEBRUARY 17, 2016
Subject/Action
SUBJECT: TWENTY-FIVE YEAR REAL ESTATE LICENSE AGREEMENT WITH THE CITY OF PASADENA
ACTION: APPROVE LICENSE
Heading
RECOMMENDATION
Title
AUTHORIZE the Chief Executive Officer (CEO) to execute a twenty-five (25) year license agreement (License) with the City of Pasadena (City) allowing the City to use that portion of the Metro property situated between Green Street and Holly Street in Old Pasadena and lying above the Metro Gold Line's subterranean improvements, as depicted on Attachment A (License Property), for pedestrian, bicycling use and other purposes consistent with these uses.
Issue
ISSUE
The City and Metro are currently parties to a month-to-month license agreement covering the License Property. This agreement allows the City to use the License Property for pedestrian and bicycling purposes and for other purposes that are consistent with these uses, such as: (a) outdoor dining and caf? uses, (b) farmers' markets, (c) filming, and (d) special events and other community related uses. The City Iis prepared to invest approximately $1.2 million to improve and beautify the License Property, but will not invest these funds, without a long-term agreement from Metro.
Discussion
DISCUSSION
The License Property is currently unlit and asphalt-paved, providing an unwelcoming environment for pedestrian use, bicycling or outdoor dining. The City's proposed $1.2 million capital investment will improve and beautify the License Property, giving it an appearance more in keeping with the other pedestrian ways in Old Pasadena. The intent is that these improvements will spur third party use of the License Property for outdoor dining and other compatible uses, adding to the corridors vitality. The proposed improvements include: pedestrian and bicycle pathways, potted plants, lighting, seating areas and a drainage system.
The City's plans for improveme...
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