Coversheet


City of Marquette, MI 300 West Baraga Avenue Marquette, MI 49855


Agenda Date: 3/10/2025 Consent Agenda - Roll Call Vote MQT Bike Rentals Lease Agreement

BACKGROUND:

In May of 2022, SpinwayMQT, LLC entered into a three-year lease agreement with the City Commission and the Marquette Downtown Development Authority (DDA) allowing the company to operate an automated rental vending terminal for non-motorized bicycles on a 10-foot by 24-foot section of property located in the greenspace between the Lakeshore Parking Lot and the Iron Ore Heritage Trail.

The following year, this lease agreement was transferred, with City Commission and DDA consent, to MQT Bike Rentals, L.L.C.

DDA staff has been in discussion with MQT Bike Rentals, L.L.C. about future plans, and reached agreement on a new two-year lease agreement for the aforementioned property. This agreement was approved at the DDA's February 13 meeting.

The City Charter requires all lease agreements to have two reads. This is the first read of this item.

FISCAL EFFECT:

None by this action.

RECOMMENDATION:

Move this item to the next regularly scheduled meeting, when the Commission will consider approval of the lease agreement with MQT Bike Rentals, LLC.

ALTERNATIVES:

As determined by the Commission.

ATTACHMENTS:
	Description
	Bike Rental Lease 2025