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Council to take second reading next week on East Side Square lease
Summary
City Attorney Lisa said the proposed commercial lease for East Side Square is a five‑year term with rental and utility concessions to facilitate redevelopment; council scheduled a second reading and final action for next week.
City Attorney Lisa summarized a proposed commercial lease for East Side Square during the Macomb City Council Committee meeting and said the agreement would run five years and include rental and utility concessions tied to cooperation from the prior property owners to support a potential redevelopment.
Lisa told the council the lease is intended to support redevelopment efforts and that concessions are primarily associated with the prior owners’ willingness to be cooperative. The mayor said the ordinance had its first reading previously and that the item will return for a second reading and final action at next week’s council meeting.
The transcript uses both "1 East Side Square" and "5 East Side Square" when referring to the property; the city attorney’s remarks identified the parcel as recently acquired by the city and described the term and concessions but did not provide a formal street address in the packet excerpt read aloud. Council did not take a final vote on the lease during this meeting.
