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City officials review proposed policy to formalize leases of city-owned properties to nonprofits
Summary
City staff presented a proposed city policy intended to formalize how the city leases city-owned properties to nonprofit and for-profit tenants (agenda item 0.3), emphasizing current practices, new reporting requirements and a clearer process for identifying and offering vacant city properties.
City staff presented a proposed city policy intended to formalize how the city leases city-owned properties to nonprofit and for-profit tenants (agenda item 0.3), emphasizing current practices, new reporting requirements and a clearer process for identifying and offering vacant city properties.
Lisa Schecter of the Office of the CEO summarized the proposal and said the city currently has about “140 contracts” with nonprofit tenants, some of which have expired. The proposal would formalize many existing practices and add new elements: annual reports from nonprofit tenants to the council office, a typical five-year contract term for new leases with the possibility of adjustments tied to capital repairs, an explicit process for reviewing nonprofit…
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