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Council recommends one-year lease extension with Riverfront Playhouse at 13 S. Water St.
Summary
Alderman Franco said the finance committee recommended a one-year lease extension with the Riverfront Playhouse at 13 South Water Street under resolution 26-0419; the committee placed the item on the consent agenda.
Alderman Franco reported that resolution 26-0419 would approve a new one‑year lease with the Riverfront Playhouse for space at 13 South Water Street, described as a continuation of the rent the organization has been paying. The finance committee recommended placing the item on consent after questions about leased properties and a review of the lease terms.
Alderman Park said the one-year term and amount of rent looked appropriate at this time and that the property status will be reviewed in future years. The finance committee placed the lease extension on the consent agenda for council approval.
