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HomeMy WebLinkAbout1983-12-12 84-51 ORDER84-51 Introduced by Councilor McCarthy, Decenter 12, 1983 CITY OF BANGOR (TITLE.) (PTlilgr Autho i_ingExecution ofan Am ndment,_ta Lease._... Agreement - Columbia Street Parking Deck By W City Omao%7 of tae City ofBauw>: ORDERED, THAT WHEREAS, pursuant to Council Order 83-96; the City of Bangor entered into a lease ,agreement with Bangor Maine Associates relative to the lease of certain parking spaces within the downtown area, ten of which .spaces are situated in the lower level of the Columbia-Havmond Street Parking peck; and WHEREAS, Bangor Maine Associates is desirous of leasing only five of said deck spaces as the current time; NOW, THEREFORE, BE IT ORDERED BY THE. CITY COUNCIL OF THE CITY OF BANGOR THAT the City Manager Is herebyauthorized to execute an amendment to said lease agreement, in such farm as may. be approved by the Legal Department, which amendment shall be consistent with the following: 1. Bangor Maine Associates shall have the right to lease five spaces in the deck in accordance with the terms and conditions set forth in the lease, commencing on. January 1, 1984. 2. Bangor Maine Associates shall have an option to lease up tonadditional five spaces in the deck, the terms of said option to be consistent with the termsandconditions set forth in the lease. STATEMENT OF FACT: Bangor Maine Associates currently leases three spaces in the Columbia-Hammwnd Street Parking Deck'.: The: Lease Agree- ment provides for the leasing of an additional.seven spaces in the deck to Bangor, Maine Associates on January, 1, 1984. Bangor Maine Associates is desirous of leasing onlytwo additional spaces as. of January 1, 1984, with an option to lease up toan additional five spaces if business so warrants. Under the lease :agreement, the ental for each space is $30/month and the termextends through June 30, 1993. Any deck spaces not subject to leasesare placed on the list of parking spaces available for permit parking. In 84-51 City. council December 12,1903 O R D E R Passed Councilor No CatNq Abstained Title, ( oducea CLu tot cox) Authorizing 2xecutien of m'AppYM�st ate_ to lease agreement-Culmebid Street CI[➢ Glec ..Packing•.Beek....................... Introduced and filed � n u.Yi1 ........ Ga n