File #: 202931   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 4/11/2023
Title: Silicon Shores Rent Modification
Attachments: 1. Council Report

Title

Silicon Shores Rent Modification

Recommended Action

Acting in its capacity as Board of Directors of the Shoreline Regional Park Community and the Mountain View City Council, authorize the City Manager or designee to grant an extended temporary reduction in the monthly percentage rent collected for the lease agreement with Silicon Shores, Inc. for the Shoreline Sailing Lake consisting of a 2% rent reduction for gross receipts collected on food/beverage service revenue and a 2% rent reduction of the gross receipts on all other revenue due to construction impacts from the Sailing Lake Improvements project for the months of March, April, and May 2023.