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HomeMy WebLinkAbout2016-04-11 16-138 ORDERCOUNCIL ACTION Item No. 16_138 Date: ADril 11, 2016 Item/Subject: ORDER, Authorizing an Amendment to the Lease Agreement with Hannaford Bros. Co. at 39 Florida Ave., Bangor Responsible Department: Community & Economic Development Commentary: Hannaford Bros. Co. has leased office space at 39 Florida Ave. since 2008 for use as a regional office and training center. They have exercised their option to extend the lease for three (3) years. The lease rate will be $2,651.00 per month. All other terms and conditions of the agreement will remain the same. The City of Bangor provides utilities and maintenance of the building. Each year, the rental rate is adjusted based on the cost of utilities furnished to Hannaford Bros. Co. The item was reviewed and recommended for approval by the Business & Economic Development Committee at its April 5, 2016 meeting. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for X Passage First Reading Referral Tanya Emery Department Head Lr, T I �, EO mmt4l WJ19MR10 i Finance Director Page ` of _ City Solicitor Assigned to Councilor Graham CITY OF BANGOR 16-138 APRIL 11, 2016 (TITLE.) ORDER, Authorizing an Amendment to the Lease Agreement with Hannaford Bros. Co. at 39 Florida Ave., Bangor WHEREAS, the Hannaford Bros. Co. has leased office space at 39 Florida Ave. from the City of Bangor since 2008; and WHEREAS, the Hannaford Bros. Co. has exercised on option to extend the Lease Agreement for three (3) years; and WHEREAS, the Hannaford Bros. Co. and the City of Bangor have agreed as to the rent for said office space; 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. for office space at 39 Florida Ave. to extend the term of the Agreement for three (3) years, to July 31, 2019, and establish a lease rate of $2,651.00 per month during the first year. Said lease amendment will be in a form approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL APRIL 11, 2016 PASSED CITY CLER