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23-0606_SAN JUAN HILLS GOLF CLUB, LP_F1a_PowerPoint PresentationGround Lease with San Juan Hills Golf Club for City Owned Property at La Novia and San Juan Creek Rd Item F1a June 6, 2023 2 3 Key Lease Terms •3.3-acre lease area adjacent to golf course property •30-year initial term with 20-year available extension •Construction of passive park on 1-acre northwest corner of La Novia and San Juan Creek Road •$50,000 annual lease payment (annual CPI increase not to exceed 3%) to fund cost of park maintenance and supplement City constructed improvements adjacent to park •Golf Club would vacate easements on the northeast corner of La Novia and San Juan Creek Road 4 5 6 7 8 Staff Recommendation •Approve and authorize the City Manager to execute a Ground Lease with San Juan Hills Golf Club for a 3.3-acre portion of City-owned property •Approve Plans and Specifications for the La Novia Passive Park •Find said actions are exempt from California Environmental Quality Act review 9