Department: Urban Development
Subject: Type of Action: Unanimous Consent
title
Introduction of an Ordinance to declare certain property as surplus and no longer needed for a municipal purpose and authorizing the Mayor to enter into a Lease Agreement between the City of Huntsville, Alabama, and Barracuda Restaurant, LLC.
Ordinance No.
body
Finance Information:
Account Number: TBD
City Cost Amount: NA
Total Cost: NA
Special Circumstances:
Grant Funded: NA
Grant Title - CFDA or granting Agency: NA
Resolution #: NA
Location: (list below)
Address: Approximately 7000 square feet at Cleveland Avenue and Meridian Street
District: District 1 ☐ District 2 ☐ District 3 ☐ District 4 ☐ District 5 ☐
Additional Comments:
This is a Lease Agreement totaling $17,500 per year with a 10% per annum increase every 5 years.