HomeMy WebLinkAbout2016-072-1/25/2016 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2016-072
RESOLUTION APPROVING A PARKING LEASE
AGREEMENT WITH LEDERMAN BROS . PROPERTY
MANAGEMENT COMPANY, LLC, TO LEASE EIGHT (8)
CITY OWNED PARKING SPACES LOCATED ADJACENT TO
403-405 JEFFERSON STREET AND FOR THE CITY TO
LEASE 8 PARKING SPACES OWNED BY LEDERMAN
BROS. PROPERTY MANAGEMENT COMPANY,
LLC LOCATED ADJACENT TO 403-405 JEFFERSON
STREET PARKING SPACES EXPIRING DECEMBER 31,
2020, AND AUTOMATICALLY RENEWING ON A YEAR-
TO-YEAR BASIS UNTIL TERMINATED AND AUTHORIZE
MAYOR AND CITY CLERK TO EXECUTE THE SAME.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA, that the Parking Lease Agreement dated January 25, 2016,
between Lederman Bros . Property Management Company, LLC and the
City of Waterloo, Iowa, to lease eight (8) City owned parking
spaces located adjacent to 403-405 Jefferson Street and for the
City to lease 8 parking spaces owned by Lederman Bros . Property
Management Company, LLC located adjacent to 403-405 Jefferson
Street, expiring on December 31, 2020 and automatically renewing
on a year-to-year basis until terminated, is hereby approved and
the Mayor and City Clerk are authorized `and directed to execute
the same on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 25th day of January 2016.
Quentin Hart, Mayor
e
ATTEST:
Suzy Sch res, CMC
City Cle k