Brighton Extends Ken Mitchell Lakes Lease With Brannan
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Description
The City of Brighton approved a First Amendment to its lease with Brannan Sand and Gravel Company LLC for continued industrial operations at the Plant 3 site and part of Ken Mitchell Lakes. The amendment sets rent at $14,734 per month through August 17, 2027, then $34,000 per month thereafter, with a six-year initial term and up to three three‑year renewals.
Contract Details
Contract Amount
$14,734 per month through August 17, 2027; $34,000 per month beginning August 17, 2027, with 2.5% increases for each renewal term
Vendor
BRANNAN SAND AND GRAVEL COMPANY LLC
Agency
City of Brighton, CO
Contract Type
FACILITIES
Document Date
March 17, 2026
Contract Term
Initial lease term of 6 years with three optional extensions of 3 years each
Renewal Info
Existing seven-year lease is amended to a new initial six-year term with three optional three-year extensions. Rent is $14,734 per month until August 17, 2027 and $34,000 per month thereafter, escalating 2.5% for each exercised renewal term; all other original lease provisions remain in effect.
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