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HomeMy WebLinkAbout2020-10-06; City Council; ; Second Amendment to the Retail Lease Agreement with House Martel, LLC to Defer Rent for up to Nine Months for the Café in the Carlsbad City Library because of the PandemiCA Review __AF____ Meeting Date Oct. 6, 2020 To: Mayor and City Council From: Scott Chadwick, City Manager Staff Contact: Curtis M. Jackson, Real Estate Manager curtis.jackson@carlsbadca.gov, 760-434-2836 Subject Second Amendment to the Retail Lease Agreement with House Martel, LLC to Defer Rent for up to Nine Months for the Café in the Carlsbad City Library because of the Pandemic Recommended Action Adopt a resolution approving the second amendment to the retail lease agreement with House Martel, LLC to defer rent for as long as nine months for the Chapters Café at the Carlsbad City Library on Dove Lane because of the pandemic and authorizing the city manager to execute the amendment. Executive Summary On May 12, 2020, the City Council approved guidelines for considering city lease deferral requests filed because of the COVID-19 pandemic and approved a request from Chapters Café, located adjacent to the Dove Library, to defer rent owed on its lease with the city for up to six months. The rent deferral that was requested by Chapters Café and approved by the City Council required an associated lease amendment to be brought back to City Council for approval. This second amendment with Chapters Café would allow rent deferral for up to nine months, from May 1, 2020 to Jan. 31, 2021. Staff is recommending a nine-month extension instead of a six-month extension because the City Library has not yet fully reopened to the public. Discussion Chapters Café requested temporary forgiveness of rent payments March 19, 2020, citing financial hardships because of the COVID-19 pandemic and its public health restrictions, which resulted in the closure of the Dove Library and the café. On April 21, 2020, at the recommendation of the City Council’s Ad Hoc City Council Economic Revitalization Subcommittee, the City Council approved the Economic Recovery and Revitalization Initiative, which included several measures to support pandemic-related economic response, recovery and revitalization, including city lessee rent relief. (Resolution No. 2020-068). On May 12, 2020, the City Council approved guidelines for considering city lease rent deferral requests. (Exhibit 3). The guidelines require the City Manager to analyze tenants independently and balance a list of enumerated factors, including the tenant’s maintenance of the leasehold in good condition, payment history, compliance with lease terms, long-term viability, the remaining term of the lease, and evidence showing that the tenant’s need for a deferral was caused by the COVID-19 pandemic state of emergency. Rent deferral requests beyond six months are evaluated under the same guidelines. Oct. 6, 2020 Item #4 Page 1 of 14 On May 12, 2020, the City Council also authorized the City Manager to negotiate and return to the council with a lease amendment for Chapters Café deferring its rent payments for up to six months. On Sept. 14, 2020, Chapters Café formally requested to extend the rent deferral period an additional three months (Exhibit 2), for a rent deferral period totaling nine months (May 1, 2020 to Jan. 31, 2021). Staff is recommending that the City Council approve a nine-month rent deferral because the six-month rent deferral would expire on Oct. 31, 2020 and the City Library was completely closed from March 16, 2020, until Sept. 29, 2020, when the library partially opened, and the café relies upon library patrons for its source of income. This request is consistent with the City Council adopted guidelines (Exhibit 3) and is based on the ongoing impacts of COVID-19, which include the initial closure and subsequent reduced patronage of the library since March 16, 2020. Chapters Café has 31 months remaining on its lease agreement and was timely in rent payments until it and the library were closed because of the pandemic. Chapters Café has maintained their leasehold in good condition, satisfying all terms of the lease up until the forced closure of their establishment. Beginning the week of September 21,2020, Chapters Café’s operators began a soft-opening of the café, making its services available to city staff working at the library and library patrons using the limited services currently offered at the library. They have also started the process of creating an online-ordering option. Chapters Café anticipates fully opening to the public when there will be more library foot traffic. Staff is recommending that the City Council give authority to the city manager to execute this second amendment to the retail lease agreement with Chapters Café to defer rent for up to nine months, from May 1, 2020 to Jan. 31, 2021. Fiscal Analysis Chapters Café pays $1,230.75 per month under its lease. A deferral of its rent payments for up to nine-months would total $11,076.75. If the full amount of deferred rent is not repaid by the end of the initial lease term – there are 31 months remaining – a 3% compounding interest charge will be applied to the balance of the amount due. Next Steps With the council’s approval. Chapters Café and city staff will implement the terms of the amended agreement. Environmental Evaluation (CEQA) The proposed action is exempt from the California Environmental Quality Act under CEQA guidelines 15301 – Existing Facilities. Section 15301 exempts the leasing of property involving negligible or no expansion of use beyond that existing at the time of the agency’s determination. Exhibits 1. City Council Resolution 2. House Martel, LLC deferral extension request letter 3. City Council Resolution No. 2020-083 Oct. 6, 2020 Item #4 Page 2 of 14 RESOLUTION NO. 2020-198 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING A SECOND AMENDMENT TO THE RETAIL LEASE AGREEMENT WITH HOUSE MARTEL, LLC TO DEFER RENT FOR UP TO NINE MONTHS DUE TO COVID-19 AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE SECOND AMENDMENT FOR THE CHAPTERS CAFÉ LOCATED WITHIN THE CARLSBAD CITY LIBRARY AT 1775 DOVE LANE. WHEREAS, on Aug. 2, 2018, the city and House Martel, LLC (Chapters Café), entered into that certain Lease Agreement (Agreement) for the property located at 1775 Dove Lane, Carlsbad, California (Premises) consisting of approximately 750 square feet of commercial building space located within the Carlsbad City Library (Resolution No. 2018-136); and WEREAS, on Jan. 29, 2020, the city and Chapters Café entered into Amendment No. 1 to the Lease, extending the required business opening date ninety-days, from 180 days to 270 days from the August 2, 2018 (Resolution No. 2019-010); and WHEREAS, as a result of the COVID-19 pandemic, many city lease tenants are experiencing a decline in their businesses or have been required to temporarily close their businesses, in whole or in part, to comply with (a) executive orders, including California Executive Order N-33-20, (b) public health orders from the County of San Diego Public Health Officer, and (c) all other applicable orders and directives associated with COVID-19 (Safety Declarations); and WHEREAS, On March 19, 2020, Chapters Café requested temporary forgiveness of rent payments due to financial hardships as a result of COVID-19 Safety Declarations, including the full closure of the Dove Library and the associated café; and WHEREAS, as a result of the COVID-19 pandemic, on April 7, 2020, the City Council created the Ad Hoc City Council Economic Revitalization Subcommittee (Subcommittee) with the Oct. 6, 2020 Item #4 Page 3 of 14 goal of identifying options for economic revitalization due to the COVID-19 emergency for consideration by the full City Council; and WHEREAS, based on recommendations from the Subcommittee, on April 21, 2020, the City Council approved the Economic Recovery and Revitalization Initiative (ERRI). The ERRI included several measures to support COVID-19 economic response, recovery and revitalization, one of which includes city lessee relief (Resolution No. 2020-068); and WHEREAS, on May 12, 2020, the City Council approved the guidelines for considering city lease rent deferral requests, and approved a city lease rent deferral request for Chapters Café to defer rent for up to six months (Resolution No. 2020-083); and WHEREAS, the City Council adopted guidelines provided guidance on rent deferral requests beyond six-months, with such requests to be evaluated by the city manager for recommendation and presentation to the City Council for its review and consideration; and WHERAS, Chapter Café is now requesting to extend the rent deferral period an additional three months, for a rent deferral period totaling nine months (May 1, 2020 to Jan. 31, 2021) because Chapters Café relies upon library patrons as their source of income and Dove Library has not yet fully reopened to the public; and WHEREAS, the City Council accepts and adopts the City Manager's determination that the rent deferral relief requested is consistent with the guidelines adopted pursuant to Resolution No. 2020-083; and WHERAS, this request is based on the ongoing impacts of COVID-19, which include the initial closure and subsequent reduced patronage of the Dove Library since March 16, 2020; and Oct. 6, 2020 Item #4 Page 4 of 14 WHEREAS, Chapters Café has 31 months remaining on their lease agreement, has maintained their leasehold in good condition, has been timely with their rent up until their closure due to COVID-19 and the closure of the Dove Library, and have satisfied all other terms of the lease agreement; and WHEREAS, the Second Amendment will provide immediate relief to Chapters Cafe by deferring rent payments for up to nine-months (May 1, 2020 to Jan. 31, 2021), with the balance of the deferred rent to be paid back over the balance of the remaining term of the lease agreement; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. The above recitations are true and correct. 2. That the City Manager is hereby authorized to execute this Second Amendment to the Retail Lease Agreement with Chapters Cafe, attached hereto as Attachment A, and to do so in full compliance with the terms and conditions expressed in the Agreement and to the satisfaction of the City Attorney. Oct. 6, 2020 Item #4 Page 5 of 14 1.F•-161Ft.14\„,,, PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 6th day of October, 2020, by the following vote to wit: AYES: Hall, Blackburn, Bhat-Patel, Schumacher. NAYS: None. ABSENT: None. MATT HALL, Mayor ATTEST: PY\Actv???p BARBARA ENGLESON, City Clerk (SEAL) Oct. 6, 2020 Item #4 Page 6 of 14 AMENDMENT NO. 2 TO RETAIL LEASE AGREEMENT This Amendment No. 2 to Retail Lease Agreement ("Amendment") is entered into as of 2020, by and between the CITY OF CARLSBAD, a California municipal corporation (Landlord') and House Martel, LLC, a California limited liability company (Tenant') and shall be effective and binding upon the parties as of the date of its execution by both parties. RECITALS WHEREAS, Landlord and Tenant are parties to a Retail Lease Agreement entered into as of August 2, 2018 ("Lease") for Premises located at the Carlsbad City Library at 1775 Dove Lane, California, CA 92011. WEREAS, on Jan. 29, 2020, the Landlord and Tenant entered into Amendment No. 1 to the Lease, extending the business opening date ninety-days, from 180 days to 270 days from August 2, 2018; and WHEREAS, due to the financial impact that the current Coronavirus (COVID-19) pandemic has had on Tenant, Tenant has requested that its obligation under the Article 1 of the Lease to pay Base Rent be deferred, and Landlord has agreed to allow such deferral, subject to the specific terms and conditions set forth in this Amendment. WHEREAS, all capitalized terms used in this Amendment, unless otherwise specified, shall have the same meaning as the capitalized terms used in the Lease. NOW, THEREFORE, for valuable consideration, the receipt and adequacy of which are expressly acknowledged, Landlord and Tenant agree as follows: RE EMENT 1. Deferred Rent. Notwithstanding the provisions in Article 1 of the Lease, Tenant may defer payment of Base Rent for the period commencing May 1, 2020 and continuing through January 31, 2021 (nine months), in the aggregate amount of $11,076.75 ("Deferred Rent"). The Deferred Rent will not be subject to interest or late charges or cause an event of default under Article 17 of the Lease, provided: 1.1. Commencing November 1, 2020, Tenant resumes paying Base Rent; and 1.2. Commencing February 1, 2021, Tenant repays the Deferred Rent in 31 consecutive monthly installments of $357.31 over the balance of the remaining initial Lease Term, which expires on July 31, 2023. 2. Failure to Comply. If Tenant fails to timely comply with Paragraph 1 of this Amendment, then (i) any unpaid Deferred Rent will become immediately due and payable and subject to 3% interest compounded monthly; and (ii) Landlord will have the right to pursue any available remedies under the Lease and/or applicable law. 3. Tenant Certification. By execution of this Amendment, Tenant certifies that Landlord has not defaulted in the performance of its obligations under the Lease and Tenant has no claim, defense, excuse or offset with respect to the Lease as it relates to COVID-19, or otherwise. Tenant further acknowledges and agrees that prior to executing this Amendment, Tenant has had an opportunity to discuss this Amendment with its legal counsel, tax professionals and financial advisors. 4. Confirmation. Except as modified by this Amendment, all provisions of the Lease shall remain in full force and effect. In the event of an irreconcilable conflict between the terms of the Lease and the terms of this Amendment, the terms in this Amendment shall control. Page 1 of 2 Oct. 6, 2020 Item #4 Page 7 of 14 LANDLORD: TENANT: CITY OF CA a California al corporation HOUSE MARTEL, LLC a California limited liability company By: By: anager Name: C2'3 191nr4:1 BY: ssistant City Attorney IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above. Title: Dated: (454612:1) Dated: 6:4 APPROVED AS TO FORM: Celia A. Brewer City Attorney Page 2 of 2 Oct. 6, 2020 Item #4 Page 8 of 14 Exhibit 2 09/14/2020 Curtis Jackson Real Estate Manager City of Carlsbad Curtis, I'd like to request an additional 3 month extension on the rent deferment for Chapters Cafe. The Dove Library is not yet fully operational therefore the foot traffic needed to do business is greatly diminished. I'm currently working on getting online ordering set up to help with sales but this will require hard internet wiring and as far as I know, that hasn't been approved by library administration yet. Any additional time available to me to get this straightened out would be greatly appreciated. Thank you, Lisa Martel - owner Chapters Cafe Oct. 6, 2020 Item #4 Page 9 of 14 RESOLUTION NO. 2020-083 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING GUIDELINES FOR CONSIDERING CITY LEASE RENT DEFERRAL REQUESTS AND APPROVING A CITY LEASE RENT DEFERRAL REQUEST FOR CHAPTERS CAFE WHEREAS, as a result of the COVID-19 pandemic, many city lease tenants are experiencing a decline in their businesses or have been required to temporarily close their businesses, in whole or in part, to comply with (a) executive orders, including California Executive Order N-33-20, (b) public health orders from the County of San Diego Public Health Officer, including prohibiting gatherings of 10 or more people and strongly discouraging non-essential gatherings of any size, and (c) all other applicable orders and directives associated with COVID- 19;and WHEREAS, as a result of the COVID-19 pandemic, on April 7, 2020, the City Council created the Ad Hoc City Council Economic Revitalization Subcommittee with the goal of identifying options for economic revitalization due to the COVID-19 emergency for consideration by the full City Council; and WHEREAS, based on recommendations from the Subcommittee, on April 21, 2020, the City Council approved the Economic Recovery and Revitalization Initiative, or ERRI. The ERRI included several measures to support COVID-19 economic response, recovery and revitalization, one of which includes city lessee relief (Resolution No. 2020-068); and WHEREAS, pursuant to the ERRI, staff is recommending that the City Council consider and approve a set of guidelines for considering all city lease rent deferral requests; and WHEREAS, the proposed guidelines in Attachment A are to be utilized by the city manager in considering and making recommendations to the City Council on all city lease rent deferral requests; and Exhibit 3 Oct. 6, 2020 Item #4 Page 10 of 14 WHEREAS, the guidelines attempt to balance the need for immediate assistance for city tenants, most of whom are struggling with reduced business and closures, with the needs of the city in meeting its fiduciary and legal duties; and WHEREAS, the proposed program provides immediate relief to qualifying city tenants by deferring rent payments for up to a six-month period; and WHEREAS, all rent deferral recommendations from the city manager would need to be approved by the City Council and any rent deferrals granted would require an associated lease amendment or rent deferral agreement that would need to be approved by the City Council; and WHEREAS, the city manager recommends that Chapters Cafe be granted temporary deferral of rent payments for up to six months to be paid back over the balance of the remaining initial lease term, with no interest or late charges, unless the full amount of rent deferral is not repaid by the end of the initial lease term, in which case a 3% compounding interest charge would be applied to the balance of the amount due; and NOW, THEREFORE, ,BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. The above recitations are true and correct. 2. The City Council approves the guidelines in Attachment A for considering city lease rent deferral requests. 3. The City Council authorizes the city manager to negotiate and return to the City Council with a lease amendment or rent deferral agreement for approval that grants Chapters Cafe a temporary deferral of rent payments for up to six months to be paid back over the balance of the remaining initial lease term, with no interest or late charges, unless the full amount of rent Oct. 6, 2020 Item #4 Page 11 of 14 deferral is not repaid by the end of the initial lease term, in which case a 3% compounding interest charge would be applied to the balance of the amount due. PASSED, APPROVED AND ADOPTED at a Regular Meeting ofthe City Council of the City of Carlsbad on the 12th day of May 2020, by the following vote to wit: AYES: NAYS: ABSENT: Hall, Blackburn, Bhat-Patel, Schumacher. None. None. MATT HALL, Mayor ATTEST: Oct. 6, 2020 Item #4 Page 12 of 14 Attachment A GUIDELINES FOR CONSIDERING CITY LEASE RENT DEFERRAL REQUESTS The guidelines attempt to balance the need for immediate assistance for city tenants with the needs of the city in meeting its fiduciary and legal duties. The guidelines are to be utilized by the city manager in considering and making recommendations on all city lease rent deferral requests. All rent deferral recommendations from the city manager would need to be reviewed and approved by the City Council. All rent deferral requests granted would require an associated lease amendment or rent deferral agreement that would need to be approved by the City Council. Minimum Conditions Applicable to All Tenants Seeking Rent Deferral The city manager will analyze tenants independently and balance the following factors on a case- by-case basis in determining whether a recommendation to the City Council for rent deferral relief is appropriate: (1) The tenant is in good standing with the city and is expected to remain a tenant in good standing throughout the term of the lease deferral period. The criteria to determine whether a tenant is in "good standing" are: (i) maintenance of the leasehold in good condition, free of deferred maintenance; (ii) prompt payment history prior to March 4, 2020; (iii) compliance with the non-rent provisions of the current lease, including use provisions, insurance requirements, and regulatory permitting requirements; and (iv) maintenance of accurate financial records that are accessible to the city. (2) The tenant provides evidence demonstrating the need for the rent deferral was caused by the COVID-19 pandemic state of emergency. The evidence may include documents showing the tenant's business was closed or its business operations were modified because of COVID-19 public health orders and the closure or modification resulted in a significant decrease in gross revenues. (3) The long-term viability of the tenant's business. (4) The remaining term on the tenant's lease agreement. (5) Whether the tenant has applied for and received funds from a state or federal aid program for which the tenant qualifies (tena.nts who have applied for state or federal assistance are eligible, but may not also apply to the city for rent deferral to cover costs for which they have already received state or federal assistance). After considering the above factors, the city manager may recommend to the City Council approval of one of the following methods of rent relief: (1) Temporary deferral of rent payments for up to a six-month period to be paid back over a twelve-month period beginning in January of the next calendar year with no interest or late charges. If the full amount of rent deferral is not repaid within 12 months, a three Oct. 6, 2020 Item #4 Page 13 of 14 Attachment A percent (3%) compounding interest charge will be applied to the balance of the amount due. (2) Temporary reduction in rent payments below the rent payment amounts specified in the lease for up to a six-month period fo be paid back over a twelve-month period beginning in January of the next calendar year with no interest or late charges. If the full amount of rent deferral is not repaid within 12 months, a three percent (3%) compounding interest charge will be applied to the balance of the amount due. (3) Temporary deferral of rent payments for up to a six-month period to be paid back over the balance of the remaining initial lease term with no interest or late charges. If the full amount of rent deferral is not repaid by the end of the initial lease term, a three percent (3%) compounding interest charge will be applied to the balance of the amount due. Rent deferral requests beyond 6 months, or from tenants who have already received a temporary rent reduction, will be evaluated by the city manager under these guidelines and a recommendation will be presented to the City Council for its review and consideration. Oct. 6, 2020 Item #4 Page 14 of 14