City of Jonesboro Council Agenda 2026-05-19
City Leases 407 Union Avenue to United Way
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Description
Jonesboro City Council approved a lease agreement with United Way of Greater Jonesboro to occupy office space at 407 Union Avenue for ten years at $1.00 per year, with automatic one-year renewals. The city will serve as landlord while United Way uses the premises as its business office.
Contract Details
Contract Amount
$1.00 per year
Vendor
UNITED WAY OF GREATER JONESBORO
Agency
City of Jonesboro, AR
Contract Type
FACILITIES
Document Date
May 19, 2026
Contract Term
December 1, 2025 – November 30, 2035, with automatic 1-year renewals unless either party gives 1-year prior written notice
Renewal Date
2035-11-30
Renewal Info
Lease automatically renews for successive one-year terms after November 30, 2035, provided the tenant is not in default and either party may terminate by giving one year written notice before the desired termination date.
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