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HomeMy WebLinkAboutReso 39-20 COVID Lease Rent DeferralRESOLUTION NO. 39-20 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MORRO BAY, CALIFORNIA PROVIDING FOR DEFERRAL OF TIDELANDS TRUST MASTER LEASE RENT PAYMENTS FOR THE MONTHS OF MARCH, APRIL, MAY AND JUNE, 2020 DO TO THE COVID-19 PANDEMIC BUSINESS CLOSURES THE CITY COUNCIL City of Morro Bay California WHEREAS, the California Governor on March 4, 2020 proclaimed a State of Emergency to exist in California due to the COVID-19 pandemic, and WHEREAS, the President of the United States on March 13, 2020 declared the outbreak of COVID-19 in the United States constituted a national emergency; and WHEREAS, on March 13, 2020, the San Luis Obispo County Emergency Services Director issued a Proclamation of Local Emergency due to the spread of COVID-19 in the County of San Luis Obispo; and WHEREAS, on March 14, 2020, the Morro Bay City Manager proclaimed a declaration of the existence of a local emergency within the City due to the threat posed from COVID-19, and that declaration was subsequently ratified by the City Council on March 19, 2020; and WHEREAS, due to the unprecedented business closures and other restrictions implemented in response to the COVID-19 pandemic affecting business and other activity in Morro Bay, many Tidelands Trust waterfront lease Master Tenants and Subtenants are unable to make their rent and other payment obligations; and WHEREAS, the City Council now desires to implement immediate measures to mitigate the financial situation of Morro Bay's Tidelands Trust tenants in order to help assure a speedy financial recovery from pandemic. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Morro Bay, California, as follows: Effective immediately: 1. All Tidelands Trust Master Tenants may defer their monthly lease rent payments for the months of March, April, May and June 2020 if needed, without penalty or late fees being assessed. 2. The same provision to defer rent payments will be extended to Tidelands Trust Subtenants by Master Tenants, if needed. DE IT FURTHER RESOLVED, by the City Council of the City of Morro Bay, California, as follows: Deferred rent amounts will remain on -account and the City Council will work in good faith with Tidelands Trust Master Tenants to develop deferred rent payment or other plans at a future time to be determined. PASSED AND ADOPTED by the City Council, City of Morro Bay at a special meeting thereof held on the 28th day of April 2020 by the following vote: AYES Headding, Addis, Davis, McPherson NOES' Heller ABSENT: None ATTEST: INA SWANSON, City Clerk JOHN H ADD NO, Mayor