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Council approves amended Mill 7 lease; sets $6.5 million base purchase price and raises monthly rent
Lewiston City Council · October 22, 2025
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Summary
Lewiston’s City Council on Oct. 21 approved an amendment to the Mill 7 lease that raises monthly rent to cover construction cost overruns and sets a base purchase price of $6.5 million with a 2.5% annual escalation clause.
The Lewiston City Council approved an amended lease for Mill 7 that increases monthly rent to reflect construction overruns and establishes a base purchase price of $6,500,000 should the city exercise the option to purchase in the future.
Deputy Administrator O’Malley told the council that the…
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