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Ithaca URA committee recommends 10-year lease extension for downtown child care site
Summary
The Neighborhood Investment Committee unanimously recommended that the Ithaca Urban Renewal Agency (IRA) approve a 10-year renewal of the Downtown Ithaca Children’s Center sublease and accepted the meeting minutes from January.
The Ithaca Urban Renewal Agency Neighborhood Investment Committee voted unanimously to recommend a 10-year renewal of the Downtown Ithaca Children’s Center (DICC) lease and unanimously accepted the committee’s January meeting minutes.
DICC currently occupies the site under a sublease arranged through IRA and pays nominal rent ($1 per month). Staff explained the existing arrangement dates to city council authorization in 1995 and that the proposed 10-year renewal would follow the…
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