Title
It is recommended that the Board of Supervisors approve and authorize the Contracts/Purchasing Officer to execute Amendment No. 1 to Lease Agreement A-12121 to extend the Cattle Grazing Lease through April 1, 2023, with Big Sur Land Trust for approximately 624 acres of grassland, which is a portion of the former Marks Ranch Property located within Toro Park.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors approve and authorize the Contracts/Purchasing Officer to execute Amendment No. 1 to Lease Agreement A-12121 to extend the Cattle Grazing Lease through April 1, 2023, with Big Sur Land Trust for approximately 624 acres of grassland, which is a portion of the former Marks Ranch Property located within Toro Park.
SUMMARY/ DISCUSSION:
On August 24, 2010, the Board of Supervisors approved a Purchase and Sales Agreement between the Big Sur Land Trust (BSLT) and the County Of Monterey (County) (together, "Parties") for the County's acquisition of a 624-acre portion of the Marks Ranch Property (Property). Subsequently, the County negotiated a Cattle Grazing Lease (Lease) for the Property with BLST for the purpose of restoring and enhancing its natural and ecological value. The Property was added to the Toro Park open space acreage.
Approval of Amendment No. 1 (Attachment A) to the Lease (Attachment B) will extend the term ending April 1, 2021, while the Parties negotiate revised terms and conditions of the Lease. The current expiration date does not provide sufficient time to complete discussions and return to the Board for approval. If approved, this Lease amendment will allow BSLT to continue managing the Property without disruption to operations. Once negotiations are complete, staff will return to the Board for approval of the revised terms.
OTHER AGENCY INVOLVEMENT:
The Office of the County Counsel has reviewed and approved Amendment 1 of the Cattle Grazing Lease as to form.
FINANCING:
Approval of Amendment 1 to Lease Ag...
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