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R2109-76 Resolution Authorizing Fourth Amendment to Lease Agreement -South Water Street, LLC, Garage Parking C
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R2109-76 Resolution Authorizing Fourth Amendment to Lease Agreement -South Water Street, LLC, Garage Parking C
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1/13/2020 11:12:39 AM
Creation date
5/23/2019 5:36:44 PM
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Resolution/Ordinance
Res Ord Num
R2019-76
Res Ord Title
R2019-76 Resolution Authorizing Fourth Amendment to Lease Agreement -South Water Street, LLC, Garage Parking C
Department
City Manager
Approved Date
5/20/2019
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May16, 2019 <br /> T0: Mayor Moore Wolfe&Members f the City Council <br /> FROM: Scot Wrighton, City Manager <br /> RE: South Water Street Lease Amendment <br /> Tony Romano (dba,South Water Street,LLC) has requested that the city increase <br /> the number of parking spaces he leases in the South Water Street 2-story garage, <br /> and he has requested that the term of the lease be extended past its current <br /> expiration on June 30, 2020.This request has been made to accommodate a tenant <br /> in the Millikin Building that South Water Street LLC wants to keep in the downtown <br /> area.The city and Mr. Romano want to take all reasonable steps to maintain the <br /> economic and employment vitality of the central business district. <br /> The increase in parking spaces can be achieved without displacing other leased <br /> users,although some reassignment of designated spots may be required. It is <br /> recommended that the amendment be approved. <br />
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