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Commission weighs Krabby’s Dockside lease options as owners default; city staff to explore assignment or RFP
Summary
The Commission reviewed a title report for Krabby’s Dockside and debated termination, collection of back rent and whether to allow assignment of the lease; staff said assignment is allowed with commission approval and commissioners gave staff 60–90 days to pursue assignment negotiations or proceed with termination and an RFP.
City staff presented a title report showing no other encumbrances on the Krabby’s Dockside land-lease parcel and asked the commission for direction on next steps after the tenant vacated with outstanding payments due.
Cheyenne Harnage, Director of Community and Economic Development, said the title report showed no mortgages and that staff sought guidance on lease termination and collecting outstanding…
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