FISCAL CONSIDERATIONS definition

FISCAL CONSIDERATIONS. The Original Lease with the Trust is a Flat Rate Lease Agreement with a current annual rent of approximately $56,500. The proposed New Lease is a four (4) year Flat Rate Lease Agreement which will increase the initial rent to $124,296. The initial annual rent will be increased by two (2%) percent on the anniversary date of the New Lease’s Effective Date each year during the Term thereafter. All lease revenue will be deposited into the general fund. EQUAL OPPORTUNITY CONTRACTING INFORMATION (IF APPLICABLE): None PREVIOUS COUNCIL and/or COMMITTEE ACTION (describe any changes made to the item from what was presented at committee):This will be heard at SG&LU committee prior to Council. COMMUNITY PARTICIPATION AND PUBLIC OUTREACH EFFORTS: None KEY STAKEHOLDERS AND PROJECTED IMPACTS: The key stakeholders are identified as the public, City of San Diego, Sports Arena business area and the Point Loma/Loma Portal community areas. Deputy Chief/Chief Operating Officer DOCKET SUPPORTING INFORMATION CITY OF SAN DIEGO EQUAL OPPORTUNITY CONTRACTING PROGRAM EVALUATION DATE: September 29, 2016 SUBJECT: Flat Rate Lease Agreement with ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Trust Dated December 8, 1989, by First American Trust, FSB, as Trustee, for Real Property Located at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇

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FISCAL CONSIDERATIONS. It is expected that the annual rent to the City's general fund will be as follows: FY 17-$3,555,000 (including $500,000 lump sum payment), FY18-$3,185,000 and FY19-$3,376,000. The annual minimum rent is $1,829,391. EQUAL OPPORTUNITY CONTRACTING INFORMATION (IF APPLICABLE): This agreement is subject to the City's Equal Employment Opportunity Outreach Program (San Diego Ordinance No. 18173, Section 22.2701 through 22.2708) and Non-Discrimination and Contracting Ordinance (San Diego Municipal Code Sections 22.3501 through 22.3517). PREVIOUS COUNCIL and/or COMMITTEE ACTION (describe any changes made to the item from what was presented at committee): None. COMMUNITY PARTICIPATION AND PUBLIC OUTREACH EFFORTS: The proposed Second Amended to Lease was presented as an informational item to the La Jolla Community Planning Group on March 2, 2017. KEY STAKEHOLDERS AND PROJECTED IMPACTS: General public, including tourists and visitors of San Diego, adjacent businesses, Park and Recreation Department, local community. Deputy Chief/Chief Operating Officer DOCKET SUPPORTING INFORMATION CITY OF SAN DIEGO EQUAL OPPORTUNITY CONTRACTING PROGRAM EVALUATION DATE: April 4, 2017 SUBJECT: Second Amendment to Lease Agreement – CHH ▇▇▇▇▇▇ ▇▇▇▇▇ Hotel Partners, a Delaware Limited Partnership, d.b.a. Hilton La Jolla ▇▇▇▇▇▇ ▇▇▇▇▇

Examples of FISCAL CONSIDERATIONS in a sentence

• In making its decision with respect to competitive levels and competitive areas the Employer shall give no greater retention security to preference eligibles than to non-preference eligibles except as may be re- quired by law.

• FISCAL CONSIDERATIONS: With approval of this action, ▇▇▇▇▇▇ Homes’ anticipated costs to deliver the Carmel Valley Road from Lopelia ▇▇▇▇▇▇▇ Place to Via Abertura will be reimbursed from the Pacific Highlands Ranch FBA fund.

• FISCAL CONSIDERATIONS: There is no capital cost to the City of San Diego for the installation of the solar photovoltaic generation systems at the identified City facilities.

• FISCAL CONSIDERATIONS: With approval of this action, ▇▇▇▇▇▇ Homes’ anticipated costs to deliver Phase 3 of Project U-3, Del Mar Heights Pipeline Relocation will be reimbursed from the Pacific Highlands Ranch FBA fund.