Laserfiche WebLink
Notification: <br />NA <br />Observations/Alternatives: <br />Below is a summary of lease terms. Included in the attachments are: (1) proposed lease agreement, (2) rent analysis, (3) policy for leasing city owned land, (4) <br />reference map. <br />Permitted Use: <br />Display of for -sale trailers and similar equipment and accessories related to the primary use of the Tenant's business operations <br />Lease Rate: <br />Per Month: $1,434 (Year 1), $1,434 (Year 2), $1,500 (Year 3), $1,500 (Year 4), $1,600 (Year 5). <br />Lease Term: <br />5 years; and, includes early termination clause for U.S. Highway 10 improvements. <br />Tenant's responsibility: <br />Public liability insurance, property maintenance, taxes (included in rent), utilities, property improvements. <br />Funding Source: <br />NA <br />Recommendation: <br />Approve Lease Agreement with M&G Trailer Sales and Service for use of City Owned Land <br />Action: <br />MOTION TO: <br />Approve Lease Agreement with M&G Trailer Sales and Service for use of City Owned Land <br />-or- <br />Amend and Approve Lease Agreement with M&G Trailer Sales and Service for use of City Owned Land <br />-or- <br />Not approve Lease Agreement with M&G Trailer Sales and Service for use of City Owned Land <br />Lease Agreement <br />Rent Analysis <br />Lease Policy <br />Ref Man <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulnch Kurt Ulnch 04/ 1 7/2014 08 54 AM <br />Form Started By Patnck Brama Started On 04/15/2014 04 41 PM <br />Final Approval Date 04/17/2014. <br />