Agenda - Council - 02/26/2013 - Laserfiche WebLink

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December. Staff contacted Mr. Amar and requested removal of all crates. Mr. Amar requested to remove the crates after Christmas. Staff indicated removing crates after Christmas would be acceptable. After the New Year, said crates had not been removed as agreed. Staff was unable to contact Mr. Amar until mid January to express the need to remove said crates from the Subject Property. In late January, Staff notified Mr. Amar he must vacate the Subject Property immediately. At that time, Mr. Amar indicated said crates were frozen to the pavement and could not be removed;. Then, Mr. Amar began negotiating a lease agreement for the Subject Property with staff. The case before the Council is a result of the negotiation process that transpired over the last month. ALTERNATIVES: 1. Approve the proposed lease with Pro Power Sports, INC. as proposed. [Staff Recommendation] Staff believes the proposed lease is reasonable for both parties, and meets two Council objectives: retaining flexibility to terminate lease within one year and to set lease rates as close to market rates as possible. 2. Amend and approve the proposed lease with Pro Power Sports, INC. as proposed. As mentioned, Pro Power Sports INC. did partially use the Subject Property for about two months free of charge. If the Council desires to recapture lost rent, Staff could include a charge in this agreement. 3. Deny the proposed lease with Pro Power Sports, INC. and or direct different terms. Recommendation: Approve the proposed lease with Pro Power Sports, INC. as proposed. Funding Source: NA Council Action: Approve the proposed lease with Pro Power Sports, INC. as proposed. Lease Agreement DRAFT Rent Analysis 6781 Hwy 10 MAP Attachments Form Review Inbox Reviewed By Date Diana Lund Diana Lund 02/20/2013 02:57 PM Bill Goodrich Bill Goodrich 02/21/2013 10:10 AM Kurt Ulrich Kurt Ulrich 02/21/2013 12:51 PM Form Started By: Patrick Brama Started On: 02/20/2013 09:11 AM Final Approval Date: 02/21/2013