Department: General Services
Subject: Type of Action: Approval/Action
title
Resolution authorizing the Mayor to execute Modification No. 1 to the Lease Agreement between the City of Huntsville, Alabama and Drake and Harlan Properties, Inc.
Resolution No.
body
Does this item need to be published? No
If yes, please list preferred date(s) of publication: ________________________________________
Finance Information:
Account Number: 1000-14-14300-515460-00000000
City Cost Amount: $3,900 per month
Total Cost: $46,800 per year
Special Circumstances:
Grant Funded: No
Grant Title - CFDA or granting Agency: N/A
Resolution #: N/A
Location: (list below)
Address: N/A
District: District 1 ☐ District 2 ☐ District 3 ☐ District 4 ☒ District 5 ☐
Additional Comments:
The term of the lease extends two (2) years commencing Jan. 1, 2023. The City has the option to extend the lease for an additional one (1) year commencing on Jan. 1, 2025. The rent for the extended term (including the option year) is $3,900 per month. The building is located at 3000 and 3002 12th Ave., and is approximately 15,660 square feet.