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Committee continues Old Mint lease item at mayor’s request
Government Audit and Oversight Committee · January 16, 2020
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Summary
A proposed lease of the United States Old Mint to N.P.U. Inc. (base rent $20,000/month; participation rent 50% of venue rental fees; $2,500 per ticketed event; two-year term with three one-year options) was continued to the call of the chair after the mayor’s office said the item was not ready to move forward.
The committee considered a proposed lease of the United States Old Mint at 88 Fifth Street to N.P.U. Incorporated. The clerk read key financial terms — a $20,000 monthly base rent, tenant…
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