HomeMy WebLinkAbout2013-07-08 13-231 ORDERCOUNCIL ACTION
Item No. 13-231
Date: July 8, 2013
Item/Subject: ORDER, Authorizing an Extension of the Lease Agreement with Hannaford Bros.
Co. at 39 Florida Ave., Bangor
Responsible Department: Community & Economic Development
Commentary: Hannaford Bros. Co. has leased all but one office in the building at 39 Florida Ave.
since 2008 for use as a regional office and training center. They have exercised their option to
extend the lease agreement for three (3) years. We have negotiated a new lease rate for the option
period and all other terms and conditions of the agreement will remain the same. From August 1,
2013 to July 31, 2014 the rate will be $2,651.00 per month. On August 1, 2014 and each subsequent
year, the rental rate will be adjusted to reflect the City's cost of utilities furnished to the building.
This item was reviewed and recommended for approval by the Business & Economic Development
Committee at its July 1, 2013 meeting.
Manager's Comments:
Associated Information:
Budget Approval:
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Department Head
1f City Manager
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Finance Director
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City Solicitor
Page _ of _
�,* F 13-231
JULY 8, 2013
Assigned to Councilor Civiello
CI`T'Y OF BANGOR
(TITLE.) ORDER, Authorizing an Extension to the Lease Agreement with Hannaford
Bros. Co. at 39 Florida Ave., Bangor
WHEREAS, the Hannaford Bros., Co. has leased a building at 39 Florida Ave. from the City of
Bangor since 2008; and
WHEREAS, the Hannaford Bros. Co. has exercised its option to extend that Lease Agreement
for three (3) years.
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 the Lease Agreement between the City of Bangor and Hannaford Bros. Co. that
extends the term for three (3) years and in a final form approved by the City Solicitor or
Assistant City Solicitor.
IN CITY COUNCIL
July 8, 2013
a d
CITY CLERK