No preview available
HomeMy WebLinkAbout2012-06-11 12-197 ORDER COUNCIL ACTION Item No. 12-197 Date: 7une 11, 2012 Item/Subject: ORDER, Authorizing the Execution of a Lease with Baltimore Waterfront Associates Responsible Department: Community & Economic Development Commentary: The City of Bangor is the owner of eight (8) parking spaces located adjacent to Union Plaza and Baltimore Waterfront Associates has leased these parking spaces for use by employees, invitees and customers of Union Plaza since 1995 through a series of leases. The current one (1) year lease will expire on June 30, 2012 and Baltimore Waterfront Associates would like to continue leasing these spaces. This Order would authorize the City of Bangor to lease the 8 parking spaces to Baltimore Waterfront Associates in return for $40.00 per space per month, reduced by $4.00 maintenance allowance per space per month, for a one (1) year period. Department Head Manager's Comments: City Manager Associated Information: Budget Approval: Fi nce Director Legal Approval: City Solicitor Introduced for X Passage First Reading Page_of_ Referral � 12-197 NNE 11,Z012 �1�M �. ��a�6qN�o Assi�ned to Councilor Lan�o �;,� - � .,� ,.,�., �aw ,, Y, ��;T �.-� .: �'�` l ��T~��� � GI`TYOF' BAl`ICOR ` "°0 4��a>"��r ::.�,_ ��;=- (TITLE.) ORDER Authorizing the Execution of a Lease with Baltimore Waterfront Associates WHEREAS, the City of Bangor has leased eight (8) parking spaces located adjacent to Union Plaza to Baltimore Watertront Associates for use by employees, invitees, and customers of Union Plaza through a series of leases; and WHEREAS, the current Lease Agreement expires on June 30, 2012 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 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. Said Lease shall be in a frnal form acceptable to the City Solicitor or Assistant City Solicitor. # (TITLE,) Assigned to Councilor �'I� �ZI� ��? / ���� �`i� passsa ZiOZ `TT aunr ZI�N110� �I� NI