Metro - File #: 2019-0067

• File #: 2019-0067
• Type: Agreement
• Status: Agenda Ready
• File created: 2/6/2019
• In control: Finance, Budget and Audit Committee
• On agenda: 4/17/2019
• Title: AUTHORIZE the Chief Executive Officer (CEO) to execute a ten (10)-year lease agreement commencing August 1, 2019 with Blum Courtyard Associates ("Lessor") for the LA Metro System Security and Law Enforcement office located at 1300 W. Optical Drive in Azusa at a rate of $40,010 per month with escalations of three percent (3%) annually for a total lease value of $5,268,103 over the term.
• Sponsors: Finance, Budget and Audit Committee
• Indexes: Azusa, Budgeting, Gold Line Operations (Project), Irwindale Station, Law enforcement, Los Angeles Sheriffs Department, Metro Gold Line, Metro Rail A Line, Metro Rail E Line, Metro Rail L Line, Property Agreement, Safety, Safety and security, Security, Strategic planning, Systemwide Bus Ops Mgmt & Admin (Project)
• Related files: 2019-0281

Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE
APRIL 17, 2019

Subject
SUBJECT: LEASE AGREEMENT WITH BLUM COURTYARD ASSOCIATES FOR THE LA METRO SYSTEM SECURITY AND LAW ENFORCEMENT OFFICE LOCATED AT 1300 W. OPTICAL DRIVE, AZUSA

Action
ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATION

Title
AUTHORIZE the Chief Executive Officer (CEO) to execute a ten (10)-year lease agreement commencing August 1, 2019 with Blum Courtyard Associates ("Lessor") for the LA Metro System Security and Law Enforcement office located at 1300 W. Optical Drive in Azusa at a rate of $40,010 per month with escalations of three percent (3%) annually for a total lease value of $5,268,103 over the term.

Issue
ISSUE

The System Security and Law Enforcement (SSLE) Department has indicated a need for an additional presence of law enforcement for the eastern portions of the Gold Line. The proposed lease site will provide an operating base for law enforcement and is intended to meet the current need, as well as provide future capacity for SSLE as the Gold Line expands eastward through Irwindale/Azusa and on to Montclair in the coming years. The proposed site to be leased exceeds $500,000 and five years and therefore requires board approval.

Background
BACKGROUND

SSLE has contracted with the Los Angeles County Sheriff's Department (LASD) to provide security services at Metro rail stations and along rail lines. To minimize security response times occurring on Metro operating lines, SSLE and LASD have determined that an additional substation is needed along the eastern extent of Gold Line operations. Beginning in May of 2018, the Real Estate department began working with SSLE, LASD, and brokers to secure a space which is fitted to the required specifications for law enforcement operations.

Discussion
DISCUSSION

Security and safety is a priority for Metro riders and staff. Metro Real Estate and SSLE believe this lease will provide a base of operations from which our SSLE r...