WPB Rents City Owned Property
May 30, 2024
City Commission Meeting held on 5/28/2024 below the agenda reads in part.
9.1. “Resolution No. 115-24 approving a Lease Agreement with Esperanza Community Center to lease City-owned property located at 723 39th Street.”
Originating Department:
Housing and Community Development
Background Information:
“The City of West Palm Beach received an application from Esperanza Community Center requesting to lease City-owned property located at 723 39th Street.
The Esperanza Community Center provides services and programs to empower families, primarily residing in the Northwood area of the City, to thrive by developing life skills. The agency offers a safe space for the community to receive information and services, including English as a second language, adult literacy and computer classes, health outreach and education, pro-bono legal services, health outreach and education, family programming, cultural events, and a food pantry.”
The Esperanza Community Center serves over 280 individuals, and over 150 children benefit monthly from baby diaper distribution and babysitting programs. The agency estimates that it will serve an estimated 3,103 duplicated beneficiaries per year. In accordance with the City’s Real Property Lease Management Policy adopted by Ordinance No. 4868-19, the property meets the criteria to be considered for leasing, as the property is not required for current municipal use, and the property can be efficiently utilized by a non-profit provider of housing, human, and social services.
Lease of 723 39th Street for a term of five (5) years; Base rent for Year 1 is $15.00 per square foot (2,745 square feet) or $1,200.00 (35% of market rate price) per month/$14,400.00 annually. To allow Esperanza Community Center to relocate and establish operations in the new space, rent payments are set to begin four (4) months after the effective lease date; Three percent (3%) annual increase for Years 2-5 as follows:
Year 2: $1,236.00 monthly / $14,832.00 annually
Year 3: $1,273.00 monthly / $15,276.00 annually
Year 4: $1,312.00 monthly / $15,744.00 annually
Year 5: $1,351.00 monthly /$16,212.00 annually
The funds shall be deposited in the City’s Real Estate Management Fund. 1″
Are you aware the City, that would be you & me, also own property at 401 No. Flagler Dr; since the 80’s and according to the PBC Property Appraiser has a Total Market Value of $17,643,577, and the city has rented the building to the Chamber of Commerce for $1.00/ annually. Why would the city give a great deal to the Chamber of Commerce, and not to Esperanza Community Center, who appear to be doing a great service to the most in need?
Rentals are out of control and many decent, hardworking people, with jobs and children find themselves living in their cars because they can no longer afford to pay their greedy landlords rent demand. In my opinion the city of WPB have joined the greedy landlords lead by James & Johnson with the help of the Cornerstone 5 City Commissioners.
Could the Chamber of Commerce possibly donate money through PACs to politicians. Clink the link below to see how many millions they donate and why government, large and small take such good care of them.
Now I’m assuming the rent from Chamber will be deposited into City’s Real Estate Management Fund. 1.
Esperanza Community Center $14,400.00 annually
Chamber of Commerce $1.00 annually for a total of $14,401.00
https://www.opensecrets.org/orgs/us-chamber-of-commerce/summary?id=D000019798
Entire agenda for City Commission meeting held 5/28/2024 below
City Commission – May 28 2024 – Agenda – Pdf
The end!