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  Item No. 8.       
Meeting Date: 02/14/2019  
COMMITTEE: Legal  
CONTACT: Aaron Holloman CHAIR: Judy Stubbs

ACTION REQUESTED:
Consider approval to authorize Clean Up Enterprises, Inc, a New Mexico Sole Proprietor, to renew their current lease agreement on Building No. 67.
BACKGROUND:
Clean Up Enterprises, Inc, leases the building for the purpose of carpet cleaning, janitorial business, and storage. Building space is 978 square feet. New monthly rent is $115; $1,380 annually. Rent adjustment is 2.67%. Clean Up Enterprises, Inc., has been a customer since December 2013. 
FINANCIAL CONSIDERATION
Clean Up Enterprises, Inc., new monthly rent is $115; $1,380 annually. Rent adjustment is 2.67%. Term: February 1, 2019 through January 31, 2020.
LEGAL REVIEW:
The City Attorney has reviewed the lease.
BOARD AND COMMITTEE ACTION:
The Legal Committee recommended (3-0) approval at their meeting on January 31, 2019.
STAFF RECOMMENDATION:
Consider approval of the lease as presented. 
Attachments
Clean Up Enterprises, Inc.


    

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