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HomeMy WebLinkAbout2012-01-23 12-074 ORDERCOUNCIL ACTION Item No. 12 074 Date: January 23, 2012 Item/Subject: ORDER, Authorizing Termination of Existing Lease with the Greater Bangor Chamber of Commerce, Inc., Executing a new Lease with the Greater Bangor Chamber of Commerce, Inc. and a Lease with the Greater Bangor Convention and Visitors Bureau Responsible Department: Legal Commentary: On July 11, 2011, by Council Order 11-237 the City Council of the City of Bangor authorized the execution of a one year lease with the Greater Bangor Chamber of Commerce, Inc. ("Chamber' for property located at 208 Main Avenue. The Greater Bangor Convention and Visitors Bureau ("CVB') would like to share space with the Chamber at 208 Main Avenue for the remainder of the term of the said lease. The Chamber and the CVB have agreed on how the property would be shared including the division of expenses. This Order, if approved, will authorize the termination of the current lease with the Chamber and authorize a new lease with the Chamber and one with the CVB, lease parts of the property to each with provisions for their payment of the expenses and use of common areas. The leases are until July 2011 with an option for negotiation for a one year renewal as provided in the current lease with the Chamber. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for Passage First Reading Referral Page _ of Department Head City Manager Finance Director City Solicitor s� S-✓:;, Assigned to Councilor — Spraque 1 � 074 i r 'dR 1 T January 23, 2012 T=. CITY OF BANGOR -7 tEO. FFE= (TITLE.) ORDER, Authorizing Termination of Existing Lease with the Greater Bangor Chamber of Commerce, Inc., Executing a new Lease with the Greater Bangor Chamber of Commerce, Inc. and a Lease with the Greater Bangor Convention and Visitors Bureau WHEREAS, on July 11, 2011, by Council Order 11-237 the City Council of the City of Bangor authorized the execution of a one year lease with the Greater Bangor Chamber of Commerce, Inc. ("Chamber" for property located at 208 Main Avenue; and WHEREAS, the Greater Bangor Convention and Visitors Bureau ("CVB) would like to share space with the Chamber at 208 Main Avenue for the remainder of the term of the said lease; and WHEREAS, the Chamber and the CVB have agreed on how the property would be shared including the division of expenses. - By the City Council of the Oty of Barrcyor. ORDERED, THAT the City Manager is authorized to execute a termination of the City of Bangor's current lease with the Greater Bangor Chamber of Commerce, Inc. and to execute a new lease with the Greater Bangor Chamber of Commerce, Inc. and a Lease with the Greater Bangor Convention and Visitors Bureau. Said leases shall be for a term through July 11, 2012, with an option to renew for one year, at a rate of $1.00, utilities to be paid for by the Greater Bangor Chamber of Commerce, Inc. and with the Greater Bangor Convention and Visitors Bureau and shall provide that the Greater Bangor Convention and Visitors Bureau shall occupy the large central conference room of the premises and/or the room in the northwest corner, the Greater Bangor Chamber of Commerce, Inc. shall occupy the balance of the premises, provided that each Lessee shall have use of the kitchen, restrooms and hallways of the premises, the parking and any other common areas. Said termination and Lease shall be in a final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL Janaury 23, 2012 # 12 074 Motion Made and Seconded for Passage Passed ORDER 4 f dTE C CLERK (TITLE,) AmmnRT7.TN(. TERMINATION OF EXISTING LEASE WITH THE GREATER BANGOR CHAMBER OF COMMERCE, INC., EXECUTING A NEW LEASE WITH THE GREATER BANGOR CHAMBER OF COMMERCE , INC AND A LEASE WITH THE GREATER BANGOR CONVENTION AND VISITORS BUREAU Assigned to Councilor