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Commission reviews Lehman Park finances and directs staff on lease renewal
Summary
Pewaukee Parks and Recreation commissioners approved the September–October Lehman Park financials and discussed a tenant request to extend the lease to a five‑year term; staff was directed to verify fair‑market rent data and coordinate lease terms with the village attorney and village board.
Commissioners approved the Lehman Park financial statements for September and October and discussed a tenant request to extend the existing lease to a five‑year term starting around April 2026. Staff reported October gas sales were effectively zero and explained timing of fuel deliveries and infrequent transactions as reasons for an expense with no offsetting revenue.
"We came in around $17,500" for the Layman Park concrete project and staff said the Lehman Park fund balance currently sits near $62,000 after that expenditure. Staff characterized fuel‑sales volatility as the main variable in Lehman Park's operating picture but said rent receipts and slip rental revenues are largely steady.
On the lease, staff described the tenant as cooperative and recommended continued partnership. Commissioners discussed rent‑increase mechanics previously used (a 5% catch‑up adjustment followed by an annual 3% increase in the last renewal); they raised questions about whether garbage and utilities should be reassigned or remain included in the lease terms and whether residential use should be restricted from short‑term rental or subletting. No formal lease extension was approved at the meeting; instead, commissioners asked staff to check market rent analysis, clarify billing responsibilities for utilities and garbage, and bring recommended terms to the village attorney and village board.
A motion to approve the September and October financials was moved and seconded and carried by voice vote; members said "Aye" and no opposition was reported. Staff will return with a proposed lease renewal package and recommended lease language for legal review.
