Lease agreement approved for The Upper Room
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Description
Town Council authorizes a long-term lease agreement with The Upper Room, extending the lease to a total of 30 years. The Upper Room is responsible for operating and maintenance costs, with rent at $1 per year. The agreement allows for capital improvements with Town approval.
Contract Details
Contract Amount
$1/year
Vendor
THE UPPER ROOM
Agency
Derry Housing & Redevelopment Authority, NH
Contract Type
Lease Agreement
Document Date
March 18, 2025
Contract Term
30 years
Renewal Date
NA
Renewal Info
NA
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Issuing Agency
Local Housing Authority
Derry, NH
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