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Market House partners ask for multi‑year certainty; council postpones lease decision to Oct. 15
Summary
Market House partners told the Annapolis Finance Committee they have invested hundreds of thousands into the building and need longer lease certainty to justify further capital work. The committee postponed consideration of ordinance O3325 to its Oct. 15 meeting to allow staff and vendors to finalize a redline lease.
Market House partners told the Annapolis Finance Standing Committee on Oct. 1 that they need longer-term lease certainty to justify further investments in the downtown Market House building. The committee voted to postpone ordinance O3325 to its Oct. 15 meeting so staff and the vendor can finish negotiating a redline lease.
The committee chair opened the item by asking staff for an update; Miss Buckland said the city “sent them a red line version” modeled on other city leases and that the exchange is still recent. Jody Danick, “partner at…
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