TO: Mayor and City Council
THROUGH: Steve Powers, City Manager
FROM: Kristin Retherford, Urban Development Department Director
SUBJECT:
title
Real property lease with Oregon Mobile Pet Care, LLC at the Salem Municipal Airport
Ward(s): 2
Councilor(s): Andersen
Neighborhood(s): SEMCA
Result Area(s): Good Governance
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ISSUE:
Shall the City Council authorize the City Manager to execute the attached lease with Oregon Mobile Pet Care, LLC?
RECOMMENDATION:
recommendation
Authorize the City Manager to execute the attached lease with Oregon Mobile Pet Care, LLC.
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SUMMARY:
The City owns a small multi-tenant office building (Building) at the Salem Municipal Airport (Airport). Staff has negotiated a lease for a portion of the Building to Oregon Mobile Pet Care, LLC (Wendy Koppel, Member) (Lessee) for office space.
FACTS AND FINDINGS:
Staff and Lessee have come to terms on a proposed lease, the key facts of which are below.
Term: 12 months, (November 1, 2019 - October 31, 2020)
Renewal Options: Four 1-year terms
Square Feet: 390 + one dedicated parking space
Rate: $500/month
BACKGROUND:
Rental revenue from the Lease will be directed to the Airport Fund.
Clint Dameron
Real Property Services Manager
Attachments:
1. Proposed Lease