Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Council renews three town leases after tenants accept rate increase
Summary
The council approved renewing three lease agreements for town-owned space after leaseholders said they were willing to continue at the proposed rent; the council voted to approve the renewals.
Council members approved renewing leases for three tenants occupying town-owned space after the leaseholders indicated they accepted the proposed rent increases and wanted to continue occupying the properties.
S1 noted he had talked with each leaseholder and said, "They all expressed the due gap because they wanted very much to continue to stay, and they were okay with the rate increase." S5 moved to approve the renewals and the council approved the motion by voice vote.
The meeting record indicates staff will finalize the paperwork and collect signatures after the meeting. The leases' new rates were agreed in prior discussions; the transcript does not record the numeric rent amounts during this vote.
