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Commission updates: Salem Club, Visit Quad Cities and I Love Fufu lease negotiations
Summary
Staff reported two lease-extension options offered to the Salem Club, ongoing negotiations with Visit Quad Cities over utility costs, and outreach to I Love Fufu about its lease renewal.
City staff updated the Referral Improvement Commission on several lease negotiations involving properties at Union Station and riverfront spaces.
On the Salem Club lease, staff said they offered two options the commission previously recommended: a one-year extension to allow the club time to develop a longer plan for a potential 10-year lease, or a three-year extension at the same rate under new terms. Staff said Mr. Alabaugh told staff he thought both options were fair and had presented them to his board; the club expects to decide at its May meeting.
Staff reported negotiations with Visit Quad Cities are ongoing and that the primary change under discussion is the explicit allocation of utilities. Staff said Visit Quad Cities occupies about 60 percent of the Union Station space; utilities are not on individual meters. Under the proposed standard leases staff is preparing, utilities costs would be spelled out and allocated (Visit Quad Cities raised utilities as its main concern).
Staff said it had reached out to I Love Fufu about a potential lease renewal and was awaiting a reply. Commissioners asked whether the negotiations would bring material changes from current leases; staff said the leases are being streamlined to match the Salem Club and Freehouse Farmers Market forms, and that Visit Quad Cities' previous lease was brief and lacked many terms.
No formal lease approvals or votes occurred at the meeting; staff said decisions remain with the respective tenants and their boards.
