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HomeMy WebLinkAbout2010-07-26 10-258 ORDERCOUNCIL ACTION Item No. 1 Date: July 26, 2010 Item/Subject: Order, Extension of Lease of Office Space to Vicki L. Trundy at 39 Florida Avenue Responsible Department: Community and Economic Development Commentary: Vicki L. Trundy wishes to extend a lease of a 155 sq. ft. office at 39 Florida Ave., Bangor. She has leased the office for the previous four (4) years for operation of a counseling business. The lease term is one (1) year and the monthly lease rate would be $162. The current monthly rent is $156. Utilities and maintenance are provided by the City. The Staff recommends approval of this amendment to the lease agreement under the terms and conditions outlined. The Business and Economic Development Committee has reviewed and recommends approval. Department Head Manager's Comments: Interim City Manager Associated Information: Order Budget Approval: Finance Director Legal Approval: - City Solicitor Introduced for X Passage First Reading Page _ of _ Referral Lr; '' 5S Assigned to Councilor — Weston July 26, 2010 CITY OF BANGOR (TITLE.) Order, Extension of Lease of Office Space to Vicki L. Trundy at 39 Florida Avenue WHEREAS, Lessor is the owner of Building #272, 39 Florida Avenue in the Bangor International Airport Complex; and WHEREAS, by Indenture of Lease dated August 22, 2006 and amended July 20, 2007, August 7, 2008 and September 22, 2009 the parties agreed to the Lease by the Lessor of an office at 39 Florida Ave.; and WHEREAS, the parties hereto wish to amend said Indenture of Lease to extend the rental term for (1) one year until August 31, 2011: BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT The Interim City Manager is hereby authorized, on behalf of the City of Bangor, to execute an Amendment to the Indenture of Lease with Vicki L. Trundy, for an office at 39 Florida Ave. in a form approved by the City Solicitor or Assistant City Solicitor and containing the following terms and conditions: 1) The term would be extended for one (1) year, until August 31, 2011. 2) The lease rate will be $162 monthly. IN CITY COUNCIL July 26, 2010 Passed (TITLE,) Fxtenrion of Lese of Office Snare Lo Vicki L. Trudy at 39 Florida Ave Assigned to ConncHor G