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HomeMy WebLinkAbout01/17/2018 7AAGENDA BILL CITY OF BREMERTON �� CITY COUNCIL i I SUBJECT: Lease Agreement between City Study Session Date: January 10, 2018 of Bremerton and Pacific NW Marine Co. COUNCIL MEETING bate: January 17, 2018 (dba Freedom Boat Club) for commercial Department: Parks and Recreation office space adjacent to the Louis Mentor Presenter: Jeff Elevado Boardwalk Phone: (360) 473-5428 SUMMARY: The commercial office space located adjacent to the Louis Mentor Boardwalk has remained vacant for several years. The City has been approached by Pacific Northwest Marine Co. (dba Freedom Boat Club) with a proposal to lease the space for the operation of a boat membership company. The owner has secured slips at the Bremerton Marina with the Port of Bremerton for mooring their vessels and will use the office space for administration and training purposes. The lease amount is $720.00 per month and does not include utilities. The lessee is also responsible for payment of Lease Hold Excise Tax. ATTACHMENTS: 1) Lease Agreement; 2) Exhibit A (Location Map) FISCAL IMPACTS (Include Budgeted Amount): Lease Revenue of $8,640 per year. STUDY SESSION AGENDA: E Limited Presentation ❑ Full Presentation I STUDY SESSION ACTION: ❑ Consent Agenda E General Business ❑ Public Hearing RECOMMENDED MOTION: Move to authorize the Mayor to finalize avid execute the Lease. Agreement with Pack NW Marine Co. (dba Freedom Boat Club) with substantially the same terms and conditions as presented. i I I COUNCIL ACTION: [Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action Form Updated 01/02/2018 I