10.02 - Chamber Building Lease - Laserfiche WebLink

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� The Chamber is acceptable to the City's proposal with two exceptions. The Chamber would like a long term lease with renewal options and is requesting the City to pay the gas and electric utility bills. The Chamber has stated that the yearly average utility bills are $3,842. In return, the Chamber would pay the City $450 per month. The City has estimated that it would cost approximately $9,000 per year to do the tasks listed in the City Proposal column. If utilities were added, the cost would increase to $12,842. Buildin� Committee Recommendation: A. City to handle all tasks in the "City Proposed" column and charge the Chamber $450 per month ($5,400 per year); or B. City to handle all tasks in the "City Proposed" list including gas and electric utilities and charge the Chamber $775 per month ($9,300 per year). *These terms would be re-evaluated after a two year time period. Council Action Requested: Council consideration of the Building Committee's recommendations. The Council's decision on the recommendation will be presented to the Chamber. If agreed upon between the City and the Chamber, staff will then have the City Attorney draw up the new lease and it will be presented to the Council and the Chamber Board.