Aurora, Illinois

File #: 19-1070    Version: 1 Name: COA / Two Brothers / 233 N Broadway / Sublease Agreement
Type: Resolution Status: Passed
File created: 11/20/2019 In control: City Council
On agenda: 12/10/2019 Final action: 12/10/2019
Title: A Resolution to Authorize the City to Enter into an Agreement with Two Brothers Roundhouse, Inc. to Sublease the West Lot of the Aurora Transportation Center (ATC) For Valet Parking, and Provide Additional Employee Parking Spaces in the North Lot of the ATC During Valet Hours.
Attachments: 1. Exhibit "A" Agreement, 2. Exhibit "B" Parking Locations
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TO: Mayor Richard C. Irvin

FROM: Trevor Dick, AICP, LEED AP, Director of Development Strategy and Development

DATE: November 19, 2019

SUBJECT:
A Resolution to Authorize the City to Enter into an Agreement with Two Brothers Roundhouse, Inc. to Sublease the West Lot of the Aurora Transportation Center (ATC) For Valet Parking, and Provide Additional Employee Parking Spaces in the North Lot of the ATC During Valet Hours.

PURPOSE:
Parking near the Aurora Transportation Center and the Roundhouse is a unique situation in the City. It is important that a balance continues to support commuters, Roundhouse visitors and employees, and RiverEdge Park attendees. The purpose of approving the resolution is to continue to provide commuter parking spaces in the newly renovated west lot during weekdays, while also providing valet spaces to support Two Brothers Roundhouse during evenings and on weekends.

BACKGROUND:
To gain the easements necessary to complete the Broadway Avenue/ATC Parking Enhancement project the City signed an MOU with property owners in the area including Two Brothers Roundhouse. The MOU with states that the City agrees to work with Two Brothers on a valet parking plan. Over the last several months staff has been working on a valet parking plan and our recommendations are captured in the attached agreement.

Over the years there have been written and unwritten agreements that have existed for the owners of the Roundhouse for decades. The City is trying to be fair and reasonable in our approach to accommodate the needs of the Roundhouse, and balance the use of federal funding dollars and public/commuter use in light of the fact that the bus pulse point has been moved and replaced by a new parking lot intended for daily commuter parking. The new lot as funded and intended cannot be used exclusively by a private business.

However, staff is sensitive to the fact that Two Brothers requires access to the new lot for valet parking. Therefore...

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