File #: 200844   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 2/23/2021
Title: Silicon Shores Rent Modification Due to COVID-19
Attachments: 1. Council Report, 2. ATT 1 - Silicon Shores Rent Relief Request

Title

Silicon Shores Rent Modification Due to COVID-19

Recommended Action

Authorize the City Manager to grant a temporary reduction in the percentage rent by 2 percent for the lease agreement with Silicon Shores due to the economic impacts of COVID-19, effective June 2020 and until the declared local emergency is terminated.