| | | | | | | | City of Marquette, MI
300 West Baraga Avenue
Marquette, MI 49855
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| | | | | | | | Agenda Date: 12/19/2022
Consent Agenda
Superior Watershed Partnership - Lease |
| | | | | | | | | BACKGROUND: | Superior Watershed Partnership (SWP) has requested the City renew their lease for office space at 2 Peter White Drive, commonly known as the caretaker's dwelling, at Presque Isle Park. In lieu of monetary rent, SWP shall be required to provide the City and/or its residents any combination of goods, services and funds not less than $18,272 annually, which has been determined to be fair market value. This amount will increase 3 percent each year for a term of five years.
As per City Charter lease agreements require two reads. The first read of this item was on December 12, 2022. |
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| | | | | | | | | FISCAL EFFECT: | | Rental proceeds of $18,272 in goods, services, or funds. |
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| | | | | | | | | RECOMMENDATION: | | Approve the renewal of the lease agreement with Superior Watershed Partnership for use of the City-owned facility at Presque Isle Park for a renewal period of five years, and authorize the Mayor and Clerk to sign the agreement. |
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| | | | | | | | | ALTERNATIVES: | | As determined by the Commission. |
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