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Trustees approve 30-year Lions Plaza right-of-way lease with 30-day town termination provision
Summary
The Board of Trustees approved a renewed right-of-way lease with Lions Plaza Condominium Association that raises the prior fee by $100 and sets a 30-year term while preserving the town's 30-day termination right for future public-use needs. Motion passed unanimously.
The Town of Carbondale Board of Trustees voted unanimously April 22 to approve a right-of-way lease renewal with the Lions Plaza Condominium Association, increasing the rental payment by $100 and extending the lease term to 30 years while retaining a clause allowing the town to terminate the lease with 30 days' notice.
Town staff said the lease had been in place since 1996, was last renewed in the 2000s, and that the association…
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