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Agenda - Council Work Session - 04/23/2013
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Agenda - Council Work Session - 04/23/2013
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3/18/2025 9:13:40 AM
Creation date
4/24/2013 12:03:42 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
04/23/2013
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Ramsey Property <br />6701 Highway 10, 6745 Highway 10 and 67XX Land site <br />Property Description: 6701 Hwy 10 includes Youth First Community of Promise (front end of <br />building) and vacant cold storage space. <br />6745 Hwy 10 includes front end retail (automotive) bay and vacant cold <br />storage in the rear of the building. <br />67XX approximately one acre vacant land site <br />Services To Be Provided: Bi- monthly physical inspection of interior and exterior of property. <br />Handle vendor relationships, set up contracts and ensure proper <br />services as required by Landlord and as written under current lease <br />agreements <br />Rent collections, dispute resolution and service assistance <br />Disbursement of all necessary and substantiated rental property <br />expenses. <br />Review leases and enforce tenant compliance with all terms and <br />conditions of lease provisions; including late notices, delinquent rent <br />and lease default issues. <br />Set up, implement and coordinate vendor contracts for HVAC, cleaning, <br />maintenance, mowing, etc. <br />Quarterly financial reporting information and rent roll summaries to <br />owners. <br />Management Fee: $600.00 per month, payable on the 15t of every month. <br />Leasing fee's: Leasing Fee's payable at Lease Commencement are: <br />Office space and retail space: <br />$1.00 / square foot for 1 year lease <br />$2.00 / square foot for 2 year lease <br />$3.00 / square foot for 3 year lease or longer <br />
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