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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
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12-197
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(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.
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(TITLE,)
Assigned to Councilor
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