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Board approves municipal lease with Adams Auto Sales for property at 1400 East Boulevard
Summary
The board approved a municipal lease between the City of Kokomo and Adams Auto Sales (doing business as Adams Auto Group) for property at 1400 East Boulevard.
The City of Kokomo Board of Public Works and Safety on May 14 approved a municipal lease between the city and Adams Auto Sales, doing business as Adams Auto Group, for property at 1400 East Boulevard.
An attorney’s office staff member presented the lease for review and recommended the board approve the attached lease and its stated terms. “Attached for your review and approval is the municipal lease between the city of Kokomo and Adams Auto Sales doing business as Adams Auto Group for the property located at 1400 East Boulevard. I recommend the Board of Billboards and Safety approve the attached lease and approve the terms as stated,” the presenter said.
A motion to approve the lease and its terms was moved and seconded; the board approved the motion by voice vote. The transcript did not include additional details about lease term length, rent, or other financial terms in the public record excerpt.
Background: the item was presented by the city attorney’s office; specific lease terms were referenced as attached to the meeting packet but were not read into the transcript.
