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Pasco staff present lease renewal, market-rate increases for Montes property behind animal shelter
Summary
City staff asked council to consider renewing a lease for a portion of parcel 112330255 used by Lonnie and Louis Montes, proposing a 3+2 year term and a 3% annual rent increase; discussion was informational only at the July 14 workshop.
Director Rice presented a proposed lease renewal for a portion of parcel 112330255 used by Lonnie and Louis Montes and asked the council to consider approving a resolution to renew the agreement at a future council meeting. "Yes. This is a lease renewal agreement for a previously leased property, that was leased previously in 2015 and had 2, 2 year renewal periods, both of which expired," Director Rice said.
The draft agreement would establish a three-year…
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