Staff recommends approval of a lease with The Last House on the Block of Lake County, Inc.
On August 13, 2007 the City Commission directed staff to draft a five year lease with Last House on the Block at 1339 Neely Drive. This lease term has an initial five-year term, one five-year renewal, and six one-year renewals. Last House is responsible for the payment of all utilities and other fees associated with business operations on the premises. In addition to the utilities, Last House is responsible for all maintenance of the building and equipment throughout the lease term.
1. Approve the lease agreement; or
2. Such alternative action as the Commission may deem appropriate.
Rent will be $10.00 per year and the Lessee will pay for all utilities and maintenance during the lease terms.
Prepared by: EF Smyth, DCM
Attachments: Yes____ No ______
Advertised: ____Not Required ______
Attorney Review : Yes X No ____
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ________EFS_______
City Manager ___________________
Account No. __001-0000-362-0100_
Project No. ___________________
WF No. ______________________
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE AGREEMENT WITH THE LAST HOUSE ON THE BLOCK OF LAKE COUNTY, INC. FOR THE BUILDING OWNED BY LESSOR AND LOCATED AT 1339 NEELY DRIVE, LEESBURG, FLORIDA; AND PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:
THAT the Mayor and City Clerk are hereby authorized to execute an agreement with The Last House on the Block of Lake County, Inc., whose address is 1339 Neely Drive, Leesburg, Florida 34748, for a lease of these premises, under the terms and conditions contained in the lease agreement.
THAT this resolution shall become effective immediately.
PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the 28th day of April , 2008.