1. Integrity Innovation Accountability Commitment to Excellence Teamwork Values Item 5L: Authorize renewal of a lease agreement for grazing on undeveloped property (17.373 acres) in Bicentennial Park

2. Integrity Innovation Accountability Commitment to Excellence Teamwork Values Grazing lease renewal for undeveloped property in Bicentennial Park  Lease area consists of approximately 17.373 acres of undeveloped park land along the west side of Bicentennial Park, typically referred to as the Evans property  Currently leased thru May 31,2006 to Ralph and Linda Evans for grazing.  Land consists primarily of grass slopes  Utilized in past years for grazing

3. Integrity Innovation Accountability Commitment to Excellence Teamwork Values Grazing lease renewal for undeveloped property in Bicentennial Park  Proposed renewal for 14 months to expire July 31, 2007  Lease not anticipated to interfere with timing on planned City use or development of the site  Sixty day notification of termination to apply to all or a portion of the property  Tenants responsible for accepting in current condition and mowing/maintaining the premises in a good, safe condition

4. Integrity Innovation Accountability Commitment to Excellence Teamwork Values Grazing lease renewal for undeveloped property in Bicentennial Park  Grazing lease provides a cost effective method of maintaining the property  Anticipated costs savings of $3,500 resulting from tenant mowing and maintenance of site  Evans’ have proven to be good caretakers of the land  Parks Board reviewed and recommended approval (6-0) at their May 8, 2006 meeting  City Attorney has review proposed agreement and there are no substantive changes from previous lease document

5. Integrity Innovation Accountability Commitment to Excellence Teamwork Values Aerial View

6. Integrity Innovation Accountability Commitment to Excellence Teamwork Values Grazing lease renewal for undeveloped property in Bicentennial Park  Staff available for questions and seeks City Council direction