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Sanford staff to bring lease-assignment for 350 Seminole Boulevard to commission
Summary
City staff told the Sanford City Commission they are negotiating to assign and extend an existing land lease for the Trailhead building at 350 Seminole Boulevard and will present a formal assignment to the commission when the buyer's financing is in place.
City of Sanford staff told commissioners Sept. 8 they are negotiating an assignment and extension of the existing land lease for the Trailhead building at 350 Seminole Boulevard and will bring a formal consent item to the commission when the buyer’s financing is complete. The leaseholder, identified in the presentation as Calamidio, is selling the property and the prospective buyers have asked to assume the existing lease and to extend its term for financing…
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