City Council gives tentative go-ahead for YMCA leases

Lease extensions for the YMCA of San Diego County to
continue operating at locations in La Jolla and Mission Valley were given a
tentative go-ahead by the City Council's Land Use and Housing Committee on Wednesday.

The lease for the La Jolla YMCA, located in a former firehouse at 7877
Herschel Ave., will run for 25 years if approved by the full City Council.

The YMCA would pay the city a base annual rent of $3,250 annually, which
would increase according to inflation. The nonprofit, which offers
recreational and family activities for residents of La Jolla, northern areas of
Clairemont and Pacific Beach, Sorrento Valley and University City, has been
using the facility rent-free.

“This will allow them to do a little bit better outreach in the
community of La Jolla, and make some improvements to the old, historic
firehouse there,” said Councilwoman Sherri Lightner, who represents the area.

The extension for the Mission Valley site, at 5505 Friars Road, would be
for 30 years.

The current lease runs through 2030, but the YMCA needed a longer-term
in order to commit to a solar power purchase agreement, part of a plan to
install a $3.7 million solar energy system at the facility.

Annual rent at the Mission Valley location would go from $100 to $3,320,
with future increases also tied to the inflation rate.

Kristi Geitz of the city's Real Estate Assets Department told committee
members that the proposed rents recover the city's costs.

Categories: KUSI