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Council approves five-year lease for 100 downtown parking spaces with Davis Enterprises
Summary
The town approved a five‑year lease with Davis Enterprises for 100 downtown parking spaces at $20 per space per month ($24,000 per year); the town remains responsible for maintenance costs, and the measure passed by motion during the June 29 meeting.
The Farmville Town Council approved a five-year lease with Davis Enterprises to continue leasing 100 downtown parking spaces that serve the library and Main Street shops.
Town Manager Oaks told the council the landlord (Davis Enterprises) now owns all 100 spaces after earlier consolidation of lots; the proposed lease rate is $20 per space per month, totaling $24,000 per year, and the town remains responsible for maintenance. The council moved and passed the lease by voice vote.
The packet included the proposed lease agreement; council approved the motion without recorded opposition.
Next steps: staff to execute the lease and continue managing maintenance responsibilities under the contract.
