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  Item No. 11.       
Meeting Date: 02/14/2019  
COMMITTEE: Legal  
CONTACT: Aaron Holloman CHAIR: Judy Stubbs

ACTION REQUESTED:
Consider approval to authorize Kerry Hunter, an individual, to renew his current lease agreement on Building No. 117.
BACKGROUND:
Kerry Hunter leases the building for the purpose of vehicle storage and maintenance. 4,736 square feet. New monthly rent is $505; $6,060 annually. Rent adjustment is 3%. Kerry Hunter has been a customer since March 1993.
FINANCIAL CONSIDERATION
Kerry Hunter leases the building for the purpose of vehicle storage and maintenance. 4,736 square feet. New monthly rent is $505; $6,060 annually. Rent adjustment is 3%. Term: March 1, 2019 through February 29, 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
Kerry Hunter


    

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