SUBJECT: Approval of Lease Agreement Between the City of Merced and YARTS (Yosemite Area Regional Transportation System) for Use of the Bus Concourse and Common Areas at the Merced Transportation Center (710 W. 16th Street) with Rent Starting at $200.00 per Month for a Term of Five Years with Annual Extensions by Mutual Agreement of the Parties REPORT IN BRIEF Considers a lease agreement (5-year Term with annual extensions by mutual agreement of the parties) with YARTS for use of the bus concourse and common area facilities located at the Merced Transportation Center, located at 710 W. 16th Street. RECOMMENDATION City Council - Adopt a motion approving the lease agreement between YARTS and the City of Merced and authorizing the City Manager or the Assistant City Manager to execute all necessary documents.

Consent Item Passed Introduced July 1, 2019

What this record is

Amount: $200
Runs until: July 1, 2024 already ended calculated from the contract term stated in the record
Type: amendment
Field: Vehicles & equipment

Read automatically from the title of the official record. The source document below is authoritative.

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: July 1, 2019
On agenda: August 19, 2019
Passed: August 19, 2019