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AGENDA ITEM # 10.2. <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: October 5, 2004 <br /> Subject: Chamber Building Lease <br /> Report: The City has been working on a draft lease <br /> agreement between the Chamber and City for the lease of <br /> the Chamber Building. The City (myself, Cathy, and <br /> Joanne) will be meeting with the Chamber Board to discuss <br /> the proposed lease. I would like some clarification from the <br /> Council on the following two issues prior to meeting with <br /> the Chamber board. <br /> Constructional changes - Should constructional changes <br /> be approved by the Council? <br /> Lease payments — When the payments for the building <br /> have been paid in full by the Chamber, the draft lease <br /> assumes that the Chamber will continue to pay the City <br /> $788.39 per month for rent. I don't believe the Chamber is <br /> expecting to pay a lot of money for rent, if any, once the <br /> building is paid for, nor does the City expect to receive <br /> $788.39 a month. <br /> `., <br />