FACILITIESRENEWED

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

City renews dock lease with Inner Harbor 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 after $1,404.62 already paid)City of TonawandaINNER HARBOR YACHT CLUB INCMay 19, 2026

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Description

The City of Tonawanda approved a five-year lease renewal with Inner Harbor Yacht Club, Inc. for dock use on Ellicott Creek, with annual payments escalating from $4,000 to $4,800. The agreement, retroactive to January 1, 2026, includes insurance, maintenance, and non-commercial use provisions and is renewable 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 after $1,404.62 already paid)

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

2031-01-01

Renewal Info

Lease runs five years retroactive to January 1, 2026 and is renewable every five years upon mutually agreed payment terms. Holdover without written renewal creates a tenancy at will terminable at the City's discretion. This agreement supersedes prior leases dated March 21, 1995 and subsequent renewals.