HomeMy WebLinkAbout2020-02-10 20-074 Order
02/10/202020-074
02/10/2020
20-074
Community & Economic Development
Order
001-270
Title, Order
Authorizing an Amendment to an Indenture of Lease with KidsPeace National Centers of New England for
Office Space at 49 Florida Avenue
This order will authorize an amendment to a lease with KidsPeace National Centers of New England
for office space at 49 Florida Ave. KidsPeace has leased the building since 2015 for use as an
administrative and programmatic office. KidsPeace is a private charity serving the behavioral and
mental health needs of children, families and communities. Founded in 1882, KidsPeace provides
mental health treatment programs, crisis intervention and foster care. If approved, the lease term
would be extended for three (3) years an include a rent payment in the amount of $2,791.67 per
month or $33,500 per year.
This item contributes to the City's goal to "Improve Economic Vitality of the City and Promote Job
Growth, Economic Development, Cultural Opportunities, and Housing Opportunities to Support Job
Growth and Expansion and Growth of Tax Base". This item was reviewed and recommended for
approval by the Business & Economic Development Committee at its January 7, 2020 meeting.
Business & Economic Development Committee
01/07/2020
Recommend for passage
Consent
02/10/202020-074
CITY OF BANGOR ORDER
02/10/2020
20-074
Schaefer
Authorizing an Amendment to an Indenture of Lease with KidsPeace National Centers of New England for
Office Space at 49 Florida Avenue
WHEREAS, the City of Bangor is the owner of a building at 49 Florida Avenue, Bangor, Maine; and
WHEREAS, by Indenture of lease dated January 23, 2015, the parties agreed to the lease of the building at 49
Florida Avenue by the City to KIDSPEACE NATIONAL CENTERS OF NEW ENGLAND; and
WHEREAS, the parties hereto wish to amend said Indenture of Lease to extend the term;
Be it Ordered by the City Council of the City of Bangor that,
The City Manager is hereby authorized, on behalf of the City of Bangor, to execute an Amendment to an
Indenture of Lease with KIDSPEACE NATIONAL CENTERS OF NEW ENGLAND for the building at 49 Florida
Ave. for a term of three (3) years with a rate of $33,500 annually paid monthly in the amount of $2,791.67 in
a form approved by the City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
FEBRUARY 10,2020
CO 20-074
PASSED
CITY CLERK