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FACILITIESRENEWED

City of Palmer Council Meeting Agenda May 2026

Palmer Extends Temporary Library Lease With Nicole Reed

$87,912City of PalmerREED, NICOLEMay 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Palmer City Council is asked to approve a one-year extension of the temporary library lease with Nicole Reed for space at 137 E Arctic Avenue, with rent increasing 3% to $7,326.00 per month and a total projected cost of $87,912. The amendment also clarifies maintenance responsibilities and designates Palmer and Anchorage as arbitration venues.

Contract Details

Contract Amount

$87,912

Vendor

REED, NICOLE

Agency

City of Palmer, AK

Contract Type

FACILITIES

Document Date

May 12, 2026

Contract Term

One year lease extension; monthly rent increases from $7,113.00 to $7,326.00

Renewal Info

Third extension of the original March 15, 2023 lease for the temporary library; one-year term with a 3% rent increase and clarified maintenance and arbitration provisions.

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