Paddock board OKs $16,800 lease subsidy extension for Lula Mae
The board approved a one‑year extension of Lula Mae's lease reimbursement at $16,800 for the upcoming year, while members discussed whether to add triple‑net (NNN) costs to the subsidy; staff reported $116,800 has been reimbursed this fiscal year including a prior $100,000 one‑time match.
The full story
The board approved a motion to provide an additional year of lease reimbursement to Lula Mae restaurant at $16,800 for the upcoming year. Raelynn told the board that Lula Mae reported business growth and requested four additional quarterly payments to extend the reimbursement through October 2027.
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