REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Al Zelinka, City Manager
VIA: Ursula Luna-Reynosa, Director of Community Development
PREPARED BY: Kriss Casanova, Economic Development Manager
Subject:
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Approve and Authorize Execution of a License Agreement between the City of Huntington Beach and the Huntington Beach Credit Union for ATM Services at City Hall
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Statement of Issue:
The City Council is asked to approve a five-year License Agreement with the Huntington Beach Credit Union (Licensee) for use of City Hall property to provide an automated teller machine (ATM) as a financial convenience and service.
Financial Impact:
There is no financial impact or revenue associated with this License. The Licensee will be responsible for all fees associated with installing and maintaining the ATM.
Recommended Action:
recommendation
Approve and authorize the Mayor and City Clerk to execute the "Non-Exclusive License Agreement between the City of Huntington Beach and the Huntington Beach Credit Union for ATM Services at City Hall."
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Alternative Action(s):
Do not approve the license agreement and direct staff accordingly.
Analysis:
The Licensee's primary purpose is to serve and provide convenient, low-cost financial products and banking services to Huntington Beach City employees and their family members pursuant to their original 1953 charter. Since 1974, the Licensee has leased a 1,369 square foot room (B-272) on the lower level of City Hall. Annual rent is approximately $36,238. The lease expires June 30, 2027 and has one remaining five-year option.
It has long been the intention of the Licensee to install an ATM at City Hall to provide convenience to all City employees, not just those who are members of the credit union. The need for this amenity was exacerbated during the pandemic when City Hall was closed to the public. ATMs are not just a source for withdrawing money but al...
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