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File #: 24-5873   
Type: Orange County Transit District Item Status: Committee Ready - Consent
File created: 11/11/2024 In control: Finance and Administration Committee
On agenda: 12/4/2024 Final action: 12/4/2024
Title: Proposed Management Plan for the Administrative Headquarters Building
Sponsors: Sean Murdock, Andrew Oftelie
Attachments: 1. Transmittal, 2. Staff Report
Date Action ByActionResultAction DetailsMeeting DetailsVideo/Audio
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Subject

title

Proposed Management Plan for the Administrative Headquarters Building

overview

Overview

On October 25, 2024, the Orange County Transportation Authority closed escrow and assumed ownership of the property located at 2677 N. Main Street, Santa Ana, California.  This property will serve as the administrative headquarters for the Orange County Transportation Authority.  Ownership of the property will require oversight of tenants, property management, service contracts, and building maintenance.  In order to effectively carry out these ownership responsibilities, Board of Directors’ authorization for the Chief Executive Officer to negotiate and execute lease agreements with tenants and service contracts necessary for the ongoing operations and maintenance of the property is recommended.

recommendation

Recommendation(s)

A.                     Authorize the Chief Executive Officer, or his designee, to negotiate and execute lease agreements with tenants for lease maturities of no greater than ten years.

 

B.                     Authorize the Chief Executive Officer, or his designee, to negotiate and execute service contracts necessary for the operations and maintenance of the property.