STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: June 12, 2024
COUNCIL DISTRICT(S): 14
DEPARTMENT: Department of Public Works
EXECUTIVE: Majed Al-Ghafry
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SUBJECT
Title
An ordinance granting a private license to Olymbec USA LLC, for the use of approximately 907 square feet of aerial space to maintain and utilize an existing aerial walkway over a portion of St. Paul Avenue right-of-way located near its intersection with Pacific Avenue - Revenue: General Fund $7,471.00, plus the $20.00 ordinance publication fee
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BACKGROUND
This item grants a private license to Olymbec USA LLC, for the use of approximately 907 square feet of aerial space to occupy, use, maintain and utilize an existing aerial walkway over a portion of St. Paul Avenue right-of-way near its intersection with Pacific Avenue. The use of this area will not impede pedestrian or vehicular traffic. The term of this license is 40 years.
The licensee will indemnify the City and carry general liability insurance naming the City as an additional insured.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On September 24, 2003, the City Council authorized a private license to F/P/0 Fee Associates, L. P. for the purpose of using and maintaining an existing aerial walkway on a portion of St. Paul Avenue right-of-way by Ordinance No. 25370.
FISCAL INFORMATION
Revenue: General Fund $7,471.00, plus the $20.00 ordinance publication fee
OWNER
Olymbec USA LLC
Olymbec Investments, Inc
Jason Berger, Executive Vice President and General Counsel
MAP
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