HomeMy WebLinkAbout09/02/09 6A
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DATE SUBMITTED:
AGENDA BILL
CITY OF BREMERTON
CITY COUNCIL
........................................................................................
SUBJECT: Lease Agreement between the
City of Bremerton and Emerald Bay Yachts,
LLC
Committee Meeting Date: jJ~~_ ~ 5+- zG, I Z, 0.0'1 .
COUNCIL MEETING Date. S u' ,.m h_~.2_~2Do4
Department: E on. Development
Presenter: Gary Sexton
Phone: 360-473-5282
SUMMARY: The proposed lease between the City of Bremerton and Emerald Bay Yachts, LLC is a
5-year lease with an option for an~ additional 5-year term for commercial sales operations at 140
Washington Avenue.
ATTACHMENTS: Proposed lease.
FISCAL IMP ACTS (Include Budgeted Amount): The City will receive $650.00 per month not
including leasehold tax. The lease payment adjustments will be 3% per year.
APPROVALS:
DEPARTMENT DIRECTOR:
CITY ATTORNEY:
FINANCE DIRECTOR:
MA YOR:
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COMMITTEE CHAIR
COUNCIL PRESIDENT:
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CONSENT AGENDA @g
GENERAL BUSINESS 0
PUBLIC HEARING 0
RECOMMENDED MOTION: Move to approve the lease between the City of Bremerton and
Emerald Bay Yachts and authorize the Mayor to finalize and execute the agreement with substantially
the same terms and conditions as presented.
COUNCIL ACTION: ~pprove
o Deny
o Table
o Continue 0 No Action