Report Prepared by: Karen Baker, Economic Development Associate, Merced Yosemite Regional Airport
Title
SUBJECT: Approval of a First Amendment Lease Agreement with the U.S. Department of Homeland Security, Transportation Security Administration (TSA) for Office Space in the Terminal Building of the Merced Yosemite Regional Airport
REPORT IN BRIEF
Considers approving First Amendment to the Lease Agreement with U.S. Department of Homeland Security, Transportation Security Administration for office space in the terminal building of the Merced Yosemite Regional Airport.
RECOMMENDATION
City Council - Adopt a motion:
A. Approving the Lease Agreement First Amendment with Government Services Agency (GSA), an agent for the Transportation Security Administration (TSA) for office space at the Merced Yosemite Regional Airport; and,
B. Authorizing the City Manager or Deputy City Manager to execute the necessary documents.
Body
ALTERNATIVES
1. Adopt the motion as recommended by staff; or,
2. Modify the action (specify in motion); or,
3. Deny the action.
AUTHORITY
Section 200 of the City of Merced Charter.
CITY COUNCIL PRIORITIES
City of Merced Adopted Budget Fiscal Year 24/25.
DISCUSSION
The Merced Yosemite Regional Airport has negotiated a lease Agreement Amendment with the Government Services Agency (GSA) for office space the Transportation Security Administration (TSA) currently uses and occupies. The GSA form lease specifies a short-term lease term, with a lease renegotiation beginning June 1, 2025 when the TSA moves to the new Merced Yosemite Regional Airport Terminal. The Lease Amendment provides for rent adjustment after the first year of the agreement based on the annual percent of change in the cost-of-living index. The agreement can be terminated by the government upon 60 days written notice for specific reasons.
The lease renewal will provide TSA the same 120 square feet of private office space and access to the airport terminal. The lease re...
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