HomeMy WebLinkAbout2016-06-13 16-241 ORDERCOUNCIL ACTION
Item No. 16-241
Date: June 13, 2016
Item/Subject: ORDER, Authorizing the Execution of a Parking Lease with Baltimore
Waterfront Associates
Responsible Department: Community & Economic Development
Commentary: This Order would authorize the City of Bangor to continue leasing eight (8) parking
spaces to Baltimore Waterfront Associates. The City of Bangor is the owner of eight (8) parking
spaces located adjacent to Union Plaza that have been leased by Baltimore Waterfront Associates
since 1995 for use of employees and clients of their businesses. The most recent one (1) year lease
expired in 2013. If approved, this order would authorize a one year lease with Baltimore Waterfront
Associates for eight parking spaces in return for $40.00 per space per month, reduced by $4.00
maintenance allowance per space per month. The lease would be renewed automatically each year
unless discontinued by either party with proper notice. This item was reviewed and recommended for
approval by the Business and Economic Development Committee at its meeting of June 7, 2016.
Manager's Comments:
Associated Information:
Budget Approval:
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Department Head
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City Manager
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Finance Director
Page _ of _
Assigned to Councilor Nealley
CITY OF BANGOR
16-241
JUNE 13, 2016
(TITLE.) ORDER Authorizing the Execution of a Parking Lease with Baltimore Waterfront
Associates
WHEREAS, the City of Bangor has leased eight (8) parking spaces located adjacent to Union
Plaza to Baltimore Waterfront Associates for use by employees, invitees, and
customers of Union Plaza through a series of leases; and
WHEREAS, the current Lease Agreement expired on June 30, 2013 and Baltimore Waterfront
Associates wishes to continue leasing these 8 parking spaces from the City of
Bangor:
BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT
The City Manager, on behalf of the City of Bangor, is hereby authorized to sign a lease
amendment with Baltimore Waterfront Associates for eight (8) parking spaces at Union Plaza
which would include the following terms: rate of $40.00 per space per month, reduced by
$4.00 maintenance allowance per space per month, for a one (1) year period, renewing
automatically each year unless discontinued by either parry with proper notice. Said Lease
amendment shall be in a final form acceptable to the City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
JUNE 13, 2016
PA D
CITY CLERK