City amends YMCA license to add reimbursement protections
City of Simi ValleyCity · Simi Valley, CA- Disclosed value
- Annual license fee of $1.00; reimbursement for improvements based on straight-line depreciation over 20 years if City terminates
- From staffreport
- Document date
- Jul 27, 2026
- Renews
- Free account
The 30-second brief
The City of Simi Valley approved a First Amendment to its long-term License Agreement with the Southeast Ventura County YMCA for use of 1.22 acres of City-owned land, maintaining a 50-year term with a nominal $1.00 annual license fee. The amendment revises the termination clause to require the City to reimburse the YMCA for the depreciated value of City-approved improvements if the City elects to terminate the agreement early.
Southeast Ventura County Ymca holds this facilities contract with City of Simi Valley. Its other public contracts on record include work for Meadows Arts And Technology Elementary and City of Westlake Village.
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Contract details
- Contract type
- Facilities
- Amount
- Annual license fee of $1.00; reimbursement for improvements based on straight-line depreciation over 20 years if City terminates
- Document date
- July 27, 2026
- Term
- Effective November 18, 2024 through December 31, 2074 (50-year term), unless earlier terminated; termination on 180 days’ notice by either party
- Renews
- On record
- Agency
- City of Simi Valley
- Source document
- City of Simi Valley Staff Report Approve an amendment to the License Agreement with the Southeast Ventura County YMCA 2026-07-27 (StaffReport)
Southeast Ventura County Ymca's other public contracts
More City of Simi Valley contracts
Questions about this contract
Who was awarded the facilities contract by City of Simi Valley?
Southeast Ventura County Ymca was awarded this facilities contract by City of Simi Valley, as recorded on July 27, 2026. The contract value is Annual license fee of $1.00; reimbursement for improvements based on straight-line depreciation over 20 years if City terminates.
How much is the Southeast Ventura County Ymca contract with City of Simi Valley worth?
The Southeast Ventura County Ymca contract with City of Simi Valley is valued at Annual license fee of $1.00; reimbursement for improvements based on straight-line depreciation over 20 years if City terminates, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in City of Simi Valley Staff Report Approve an amendment to the License Agreement with the Southeast Ventura County YMCA 2026-07-27 (StaffReport), dated July 27, 2026 from City of Simi Valley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Southeast Ventura County Ymca hold?
Southeast Ventura County Ymca may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Simi Valley currently buying?
Explore City of Simi Valley's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.