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20-0708_SCHWARTZ FAMILY TRUST & STEVE HUFSTEDLER REVOCABLE TRUST_Staff Memo9 Jt.1i City oJSan Juan Capistrano, Public Works & Utilities Department MEMORANDUM DATE: July 8, 2020 TO: Ben Siegel, City Manager FROM: Tom Toman, Public Works Director SUBJECT: Gateway Landscaping Project: Ground Lease with Doug Schwartz Attached is the Ground Lease - between the City and Doug Schwartz - for hardscape and landscape improvements to his property located at the north east comer of Ortega Highway and Del Obispo Street (i.e. the northern Del Taco restaurant parcel). The parcel will be improved as part of the City's Gateway Landscaping Project. The Initial Tenn of the Ground Lease is for 13 years, expiring on June 1, 2033. The City will have the option to extend the term of the Lease for three (3) additional five (5) year extensions.