Five-Year Lease at 308 3rd Street for MetRec
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Description
The Crested Butte Town Council is considering Ordinance No. 7, Series 2026 to lease multiple units at 308 3rd Street to the Gunnison County Metropolitan Recreation District for $3,472 per month in the first year with 1% annual increases over a five‑year term. The lease will give MetRec dedicated North Valley space while moving Town lease rates closer to market levels.
Contract Details
Contract Amount
$3,472 per month at $4 per square foot with 1% annual increase
Vendor
GUNNISON COUNTY METROPOLITAN RECREATION DISTRICT
Agency
Town of Crested Butte, CO
Contract Type
FACILITIES
Document Date
May 18, 2026
Contract Term
5-year lease, first year at $3,472 per month with 1% annual rental increase thereafter
Renewal Info
Standard 5-year lease with no automatic renewal; any extension would require future Council action.
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