FACILITIESRENEWED

City of Tonawanda Agenda Regular Meeting of the Common Council 2026-05-19

City renews five-year dock lease with yacht club

$4,000.00 first year; $4,200.00 second year; $4,400.00 third year; $4,600.00 fourth year; $4,800.00 fifth year (balance due first year $2,595.38)City of TonawandaINNER HARBOR YACHT CLUB INCMay 19, 2026

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Description

The City of Tonawanda approved a renewed five‑year lease with Inner Harbor Yacht Club, Inc. for municipal dock use on Ellicott Creek, with annual payments ranging from $4,000 to $4,800. The agreement, retroactive to January 1, 2026, includes insurance and maintenance obligations and may be renewed every five years.

Contract Details

Contract Amount

$4,000.00 first year; $4,200.00 second year; $4,400.00 third year; $4,600.00 fourth year; $4,800.00 fifth year (balance due first year $2,595.38)

Vendor

INNER HARBOR YACHT CLUB INC

Agency

City of Tonawanda, NY

Contract Type

FACILITIES

Document Date

May 19, 2026

Contract Term

5-year lease retroactive to January 1, 2026; renewable every 5 years upon agreed terms of payment

Renewal Date

2030-12-31

Renewal Info

Lease is for 5 years retroactive to 2026-01-01 and is renewable every 5 years upon agreed terms of payment; it supersedes prior lease and renewals dating back to 1995.