NUMB:
981369
VERS:
ORIGINAL
REF:
XXBY:
The Chair
TITL:
Resolution authorizing the execution of a three-year lease with the Mitchell Novelty Company for the off-street parking lot located at 3506 West National Avenue. (DPW)
ANLS:
-ANALYSIS-
This resolution authorizes the proper City officers to execute a three-year lease with Mitchell Novelty Company for the off-street parking lot located at 3506 West National Avenue for the use of employees and customers.
BODY:
Whereas, The City of Milwaukee has entered into a lease and lease extensions since 1993 with Mitchell Novelty Company for the off-street parking lot located at 3506 West National Avenue; and
Whereas, Mitchell Novelty Company has requested that this lease be renewed for a three-year term beginning on the first day of January 1999, under the same terms and conditions as the original lease and extensions, at a rental rate of One Thousand Twenty Dollars ($1,020.00) per calendar year; and
Whereas, The leased premises shall be used by Mitchell Novelty Company for the use of its employees and customers; and
Whereas, There is sufficient off-street public parking in this area, and no additional public parking needs have been identified for these premises; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the proper City officers are hereby authorized to enter into a three-year lease with Mitchell Novelty Company, beginning on the first day of January 1999, and ending on the thirty-first day of December 2001, with two one (1) year extensions permitted at the option of the City, for the off-street parking lot located at 3506 West National Avenue at the rental rate of One Thousand Twenty Dollars ($1,020.00) per year.
DFTR:
DPW/Administration,Parking
EDS:SM:SJW
12/10/98