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File #: 24-403   
Type: Consent Calendar Status: Passed
File created: 5/16/2024 In control: City Council/Public Financing Authority
On agenda: 6/4/2024 Final action: 6/4/2024
Title: Approve and authorize execution of a five-year License Agreement with Southern California Edison Company for public parkland located at Edison Park
Attachments: 1. Att 1 License Agreement
REQUEST FOR CITY COUNCIL ACTION

SUBMITTED TO: Honorable Mayor and City Council Members

SUBMITTED BY: Eric G. Parra, Interim City Manager

VIA: Ashley Wysocki, Director of Community & Library Services

PREPARED BY: Carrie Gonzales, Management Aide

Subject:
title
Approve and authorize execution of a five-year License Agreement with Southern California Edison Company for public parkland located at Edison Park
body

Statement of Issue:
The five-year license agreement with Southern California Edison (SCE) Company for use of 4.71 acres, known as Edison Park, will expire on December 31, 2024. SCE has prepared a new five-year license agreement for the City's use of this property located north of Hamilton and east of Magnolia Street.

Financial Impact:
The license amount is $1,742.72 for year one, with annual CPI adjustments of 5% over the five-year period. Sufficient funds are budgeted in the FY 2024/25 Park Development Fund account 22845001.70300. Future fiscal years will be budgeted accordingly.

Recommended Action:
recommendation
Approve the License Agreement with Southern California Edison for the use of the 4.71 acres of property commonly known as Edison Park, Contract No. 9.2473, and authorize the Mayor and City Clerk to execute any and all documents necessary to conclude this transaction.
end

Alternative Action(s):
Do not approve the license agreement with Southern California Edison, and direct staff accordingly.

Analysis:
The City of Huntington Beach first entered into a license agreement with Southern California Edison Company (SCE) in 1985 for the use of 4.71 acres of SCE property located north of Hamilton Avenue and east of Magnolia Street. The license agreement has been renewed for successive five-year terms since that time.

The current license agreement will expire on December 31, 2024. The proposed license agreement will commence on January 1, 2025, and expire on December 31, 2029. The City has historically utilized the SCE property i...

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