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HomeMy WebLinkAbout2016-06-13 16-240 ORDERCOUNCIL ACTION Item No. 16-240 Date: June 13, 2016 Item/Subject: Order, Authorizing the City Manager to Amend a Parking Lease with Elk River Development Responsible Department: Community and Economic Development Commentary: This Order authorizes the City Manager to enter into a 10 year lease extension with Elk River Development for ten parking spaces in the parking lot located on May Street adjacent to the Police Department. The original lease begin in 2007 and expired on March 31, 2016. The Business and Economic Development Committee recommended approval at its June 7, 2016, meeting. /s/ Tanya L. Emery Department Head Manager's Comments: City Manager Associated Information: Order Budget Approval: l Finance Director Legal Approval: zv�w City S citor Introduced for X Passage First Reading Page _ of Referral 16-240 JUNE 13, 2016 Assigned to Councilor Graham /pf BA,y'f a CITY OF BANGOR (TITLE.) ORDER, Authorizing the City Manger to Amend a Parking Lease with Elk River Development. WHEREAS, the City is the owner of a certain parking lot on May Street next to the Bangor Police Department and a building owned by Elk River Development; and WHEREAS, Elk River Development desires to continue to lease ten parking spaces as they have for the past ten years; and WHEREAS, Elk River Development and the City of Bangor wish to enter into a longer term lease agreement; NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT, the City Manager is authorized, on behalf of the City of Bangor, to execute a lease amendment with Elk River Development for ten parking spaces in the May Street lot for the price per space used for the Bangor House lot for a ten year term, and the final form of the lease amendment shall be approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL JUNE 13, 2016 PASSED CITY CLERK