Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the State Lease topic
No spam. Unsubscribe anytime.
Council to resubmit state lease after commencement date change for Alabama Department of Revenue
Summary
City staff said the Alabama Department of Revenue asked the city to resubmit a lease after the document acquired a stale date in the state signature process; the state changed the commencement date and adjusted the rent schedule.
Miss Wyatt told council the city is resubmitting a lease with the Alabama Department of Revenue after the state's signature process caused the document to acquire a stale date. The state requested a revised commencement date (from Sept. 1 to Nov. 1) and made several editorial changes, including removal of the phrase "in arrears" and changes to the rent schedule to reflect that the state would pay for August, September and October rent as part of the updated schedule. Staff emphasized that this is not an amendment because the original contract was never fully executed; rather, it is a resubmittal of the agreement for signatures.
Council had no further questions in the provided transcript excerpt.
