FACILITIESAMENDED

City amends YMCA license to add reimbursement protections

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.

Document date · July 27, 2026

Track City of Simi Valley contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Simi Valley.

Get started free

Create a free account · no credit card

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Annual license fee of $1.00; reimbursement for improvements based on straight-line depreciation over 20 years if City terminates
Contract type
FACILITIES
Contract term
Effective November 18, 2024 through December 31, 2074 (50-year term), unless earlier terminated; termination on 180 days’ notice by either party
Renewal date
2074-12-31
Renewal
Original License Agreement effective November 18, 2024 runs through December 31, 2074 with mutual option to extend. First Amendment dated July 27, 2026 revises Section 16 to add a reimbursement obligation for City upon termination, based on 20-year straight-line depreciation at 5% per year of original documented improvement cost; after 20 years, no reimbursement is owed. Termination remains available to either party with 180 days’ written notice.
Document type
StaffReport
Source document
City of Simi Valley Staff Report Approve an amendment to the License Agreement with the Southeast Ventura County YMCA 2026-07-27

Related contracts

Other contracts from Southeast Ventura County Ymca.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

View Southeast Ventura County Ymca's 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.

View City of Simi Valley's profile