Committee backs emergency lease amendment to let Boathouse replace kitchen floor
The finance committee unanimously recommended emergency approval of a CIC-backed lease amendment to front the Boathouse restaurant’s roughly $40,000 kitchen-floor replacement, with the tenant paying one-third up front and a 0.25% lease-percentage increase over five years to reimburse the CIC.
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The Troy Finance Committee recommended emergency approval of a lease amendment on December 8 that would let the Community Improvement Corporation (CIC) fund the majority of a planned kitchen-floor replacement at the Boathouse restaurant on Treasure Island so work can begin in January.
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