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LIBRARY
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Requested Action(s)
recommendation
a) AGREEMENT - Request approval and authorization for the Chair to sign the Lease Agreement with the Nagos Family Revocable Trust of December, 1990, for lease of the Los Molinos Branch of the Tehama County Library in the amount of $675 per month, with maximum compensation not to exceed $8,100 per year, effective 10/1/24 and shall terminate 9/30/27
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Financial Impact:
Funding for this lease is included in the FY 2024-25 budget.
Background Information:
The Library has been leasing this space for the Los Molinos Branch with the Nagos Family Trust for more than 20 years. Previously, this has been a one-year lease with a one-year option to extend but given the increase in usage* and popularity of new programming at that branch, County Librarian is recommending increasing the lease to three years with a three-year option to extend.
The Nagos Family Trust is agreeable to moving to a three-year lease without an increase in rent, which provides budget stability for maintaining this branch location. Additionally, the Nagos Family Trust is willing to offer a discount of $25 per month if a single full year is paid in advance. If exercised, this would result in a savings to the Library’s budget of $300, but also save staff time in processing monthly payments.
* Summer Reading Data:
- FY22-23: total of 17 youth in attendance over six weeks (one to six youth per week; average of 2.83 per week)
- FY23-24: total of 147 youth in attendance over 10 weeks (5 to 38 youth per week; average of 14.7 per week)