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HomeMy WebLinkAbout10/16/2013 7C AGENDA BILL CITY OF BREMERTON Ic CITY COUNCIL ■■ eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee■ SUBJECT: Lease Agreement with Kitsap Study Session Date October 9, 2013 Transit for the Kitsap Conference Center COUNCIL MEETING Date October 16, 2013 Expansion Department PW &U Presenter Martin / Lubovich Phone X 5758 SUMMARY: This lease agreement provides the foundation for the City's investment into the expanded Kitsap Conference Center ATTACHMENTS: Proposed Lease Agreement FISCAL IMPACTS (Include Budgeted Amount) This 20 -year lease will be funded from the incremental increase in revenue that will be generated by the new Conference Center space STUDY SESSION AGENDA ❑ No Discussion ® Full Presentation STUDY SESSION ACTION: ❑ Consent Agenda ® General Business ❑ Public Hearing RECOMMENDED MOTION: Move to approve a Lease Agreement with Kitsap Transit for expansion of the Kitsap Conference Center and authorize the Mayor to execute the agreement with substantially the same terms and conditions as presented COUNCIL ACTION: [j Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action Form Updated 11/02/12