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Aldermen defer lease of small downtown parcel after debate over rent, easements
Summary
The Branson Board of Aldermen deferred action on a proposed 20-year lease of a 3,125-square-foot parcel next to the Branson Lock Building after aldermen questioned the $240 annual rent, lack of escalation language and easement protections.
The Branson Board of Aldermen on Wednesday deferred action on Bill 65‑16, a proposed 20‑year lease of a small parcel of city land adjacent to the Branson Lock Building at 120 E. Oklahoma St., after aldermen said the $240 annual rent and the contract’s easement language need further review.
City staff said the parcel is 25 by 125 feet (3,125 square feet, about 0.0717 acre) and that True Love Properties LLC, the business that purchased the Branson Lock Building, asked to lease it for parking. Michael Woods, a city staff member, told the board that True…
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