Title
Revocable License with Hunter Contracting Co. for City-owned Property Located at 32 and 42 E. Columbus Ave. (Ordinance S-47948)
Description
Request to authorize the City Manager, or his designee, to enter into a revocable license with Hunter Contracting Co. for approximately 14,400 square feet of the unimproved land located at 32 and 42 E. Columbus Ave. for construction staging and storage. The license fee will be $2,200 per month. Further request to authorize the City Treasurer to accept all funds related to this item.
Report
Summary
Hunter Contracting Co. has been contracted by the City to provide design and construction services for the Third Street Promenade, Garfield Street to Indian School Road Modernization Project. Approximately 14,400 square feet of the unimproved land will be used for construction staging, parking, and a construction trailer to facilitate the City's project.
The term of the license will be for nine and one-half months, with an option to extend on a month-to-month basis, up to an additional six months. The license fee is $2,200 per month, plus applicable taxes, which is within range of market rents as determined by the Finance Department Real Estate Division. Hunter Contracting Co. shall provide insurance and indemnification acceptable to the City of Phoenix Finance Department's Risk Management Division and Law Department. The license may be canceled pursuant to Arizona Revised Statute 38-511, or upon 60-days' written notice. The license may contain other terms and conditions deemed necessary by the City.
Contract Term
The term of the license will be nine and one-half months, with an option to extend on a month-to-month basis, up to an additional six months.
Financial Impact
The license fee will be $2,200 per month, or $20,900 for the initial term, plus applicable taxes.
Location
32 and 42 E. Columbus Ave., identified by Maricopa County Assessor's parcel numbers 118-33-065 and 118-33-064.
Council District: 4
Department
Responsible Department
This item is submitted by Deputy City Manager Gina Montes and the Housing and Finance departments.