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Committee approves three property sales and Keating Building leases for arts and counseling tenants
Summary
The committee approved purchase‑and‑sale agreements for three city properties (including 20 Portland Street to Robert Bernard for $16,000) and approved two Keating Building leases: Hollow House Booking (approx. 900 sq ft, five years) and a 540 sq ft expansion for Horizon Counseling.
The Economic Development Committee reviewed and approved three purchase‑and‑sale agreements and companion resolutions drafted by city counsel for disposition of city‑owned properties. The committee approved the sale of 20 Portland Street to Robert Bernard for $16,000 and approved comparable agreements for 17 Miller Street and 210 Dripps Road; buyers had fulfilled prior public‑hearing and bidding requirements. Staff noted properties are sold 'as is' with no warranties.
Separately, the committee considered two Keating Building lease items. Coby Nelson presented Hollow House Booking, a proposed small performance venue of roughly 900 square feet on the first floor of Building C; Nelson estimated a capacity near 75 pending formal review by the fire marshal and described partnerships with neighboring businesses for food and services. The committee approved the five‑year lease resolution and asked staff to ensure tenant obligations address potential noise or tenant interference.
Staff also presented a five‑year lease amendment adding 540 square feet for Horizon Counseling on the Keating Building's second floor; the committee approved that lease change.
Next steps: the property sales will be forwarded to the Common Council with accompanying purchase‑and‑sale agreements and resolutions; Keating Building leases will be executed consistent with standard lease terms and tenant obligations.
