Buried in Tuesday evening’s Berkeley City Council agenda was a resolution to extend the contract on the Downtown Berkeley Bike Station for one more year, at its current terms.
The station moved to its current street-level storefront location in the historic Shattuck Hotel building in 2010 after extensive renovations to the former retail space, and this month is coming up on the end of the five-year initial lease agreement between BART, the City of Berkeley, and the building owners.
According to the city, the contract extension is necessary because “the property manager and BART have not been successful in negotiating a renewal of the lease at or near the current lease rate,” which is considerably lower than the current market rate for retail spaces in downtown.
The current Bike Station was designed and constructed with funding from BART and the city of Berkeley, and the two entities continue to split the costs of operating the service. BART contributes around $130,000 per year for operations, staffing, utilities, and some rent, and the city of Berkeley pays $60,000 a year for rent.
BART has already signed the contract extension with the property owners at the original terms, and the city council approved the contract as part of its consent calendar Tuesday evening.