Item Coversheet

  Town of Huntersville
REQUEST FOR BOARD ACTION
11/20/2017

REVIEWED:

To:                  The Honorable Mayor and Board of Commissioners

From:              Gerald D. Vincent, Town Manager

Subject:          Foster's Frame Lease Agreement

The Town leases space to Foster's Frame at 102 N. Old Statesville Road on an annual basis at $1,300/month for 1,600 sq. ft. of space.  The tenant is responsible for all utilities pertaining to leased space as per the attached diagram.


ACTION RECOMMENDED: 

Authorize the Town Manager to sign lease agreement.

 
 
FINANCIAL IMPLICATIONS:

Town receives $1,300/month in revenue.

 



ATTACHMENTS:
DescriptionType
Lease AgreementBackup Material