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CITY OF COLTON <br />AGENDA REPORT <br />For Council Meeting oQctober 22, 1991 <br />TO: Honorable Mayor and City Council <br />FROM: Leslie K. Stratton, City Manager <br />D a t e Oct.22, 1991 <br />SUBJECT: <br />Colton Museum Association Lease And <br />Possession Of Building <br />BACKGROUND. <br />On March 5, 1985, the City of Colton and the Colton Area Museum Association entered into an <br />agreement for the leasing of the Carnegie Library as a museum. The agreement is attached for your <br />information. <br />DISCUSSION. <br />Over the years, as funds have been available, the building has been renovated and repaired. There now <br />remains only a few items of work to be done in order to issue the required Certificate of Occupancy. <br />None of those items are significant enough to prevent the Museum Association from moving in and <br />commencing tenant improvements. It is expected that complete move -in, display construction and tenant <br />improvements will take two months. Opening to the public is scheduled for December and all remaining <br />work for a Certificate of Occupancy will be completed concurrently with tenant improvements prior to <br />opening to the public. <br />The Museum Association is prepared to make its first year's lease payment tonight in exchange for the <br />formal possession of the property. Mrs. Hazel Olson is on hand to make this exchange. <br />FISCAL IMPACT.• <br />Unknown at this time. <br />ENVIRONMENT IMPACT: None. <br />RECOMMENDATION: <br />Staff recommends acceptance of the Museum Association's lease payment in exchange for the keys and <br />possession of the Museum building for the purposes of tenant improvements in preparation of the Grand <br />Opening to the public in December. <br />-Report prepared by: Karen L. Kaufman, Economic/Redevelopment Coordinator <br />Attachments: "Agreement" <br />Page 1 of__—1 Item No.-/, <br />