23-0321_BLENHEIM FACILITY MANAGEMENT_PowerPoint_F1aSixth Amendment to Riding Park
Management Agreement
Item F1a
March 21, 2023
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Background
•February 2021:City Council authorized release of a request for proposals
for long-term lease of the Riding Park property
•September 2021:City Council and community received presentations from
Frontier Real Estate Investments and The Ridland Group on their proposals
•December 2021:City Council selected The Ridland Group and directed staff
to begin long-term lease negotiations
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Proposed Sixth Amendment
•Current Management Agreement expires March 31
•Staff recommends the City Council authorize extension of the Management
Agreement through June 30,2023
•Escalating monthly payments:
•April 1,2023 -$40,000
•May 1,2023 -$60,000
•June 1,2023 -$80,000
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Staff Recommendation
•Approve and authorize the City Manager to execute a Sixth Amendment to
the Riding Park Management Agreement with Blenheim Facility
Management for operation of the Rancho Mission Viejo Riding Park; and,
•Find that said action is exempt from CEQA under State CEQA Guidelines
Section 15301.
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