Requested Agenda Date:
5/3/2022
Requested Agenda Title:
Title
A Resolution of the Salt Lake County Council Approving a New Lease Between Salt Lake County and Cottonwood Heights Parks and Recreation Service Area
Body
Requested Agenda Item Description: Salt Lake County owns a parcel of real property in Cottonwood Heights, Utah, located at 7500 South 2700 East. Since 1978, the County has leased only a portion of Property to Cotton Wood Heights Parks and Recreation Service Area. The Service Area has constructed portions of an outdoor swimming pool, an indoor ice-skating rink, and additional recreational facilities on the Leased Area pursuant to the terms of previous written leases with the County. The County and the Service Area entered the currently effective lease for the Leased area on June 6, 2006. The 2006 Lease had an initial ten-year term that was extended on October 7, 2015, for an additional ten year-term. The Service Area would like to expand the Leased Area to include all the Property except for the portion currently occupied by an emergency response substation used by the Unified Police Department. The County wishes to lease the New Leased Area to the Service Area pursuant to the terms of the Lease, attached as Exhibit A. Upon execution of the New Lease, the 2006 Lease will terminate and be of no further effect. The New Lease has an initial ten-years term with the option to extend the term for 2 additional ten years. As in the 2006 Lease, the Service Area will pay a nominal consideration of $1.00 per year for under the New Lease.
Requested Action: Discussion - Vote Needed
Presenter(s) (with titles): Derrick Sorensen, Real Estate Manager
Time Needed: Less than 5 MINS
Is this Item Time-Sensitive and/or Requesting a Time-Certain? No
Requesting Staff Member: Ina Landry, Mayor Operations
Are Supporting Documents Needed for this Agenda Item Request? Yes