Town of Lexington Council Meeting Agenda March 2026
Lexington Approves Temporary Parking Lease with BPS Holdings
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Description
Town of Lexington approved a temporary parking lease agreement with BPS Holdings LLC for 20 spaces at $45 per space/month, starting August 1, 2026, during construction of a new parking lot. There is a $2,700 reservation fee; the term is month-to-month with a rate increase after 9 months if extended.
Contract Details
Contract Amount
$45.00 per parking space, per month; $2,700 one-time reservation fee; $2,700 per quarter for 20 spaces; $65 per space if exceeding 9 months
Vendor
BPS HOLDINGS LLC
Agency
Town of Lexington, SC
Contract Type
FACILITIES
Document Date
March 2, 2026
Contract Term
Commencing August 1, 2026; month-to-month with 60-day vacation notice; rate change after 9 months
Renewal Date
2027-05-01
Renewal Info
Month-to-month with rate increase after 9 months; 60-day termination notice required.
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