FACILITIESPENDING

City of Parma Heights Council Meeting Agenda 2026-05-26

Council Backs CCPL Lease To The Centers Facility

City of Parma HeightsCUYAHOGA COUNTY PUBLIC LIBRARYMay 26, 2026

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Description

Parma Heights Council is considering an emergency ordinance to formally concur with Cuyahoga County Public Library executing a 30-year triple-net lease with The Centers for Families and Children for a new 5,680-square-foot Centers Building and associated play and parking areas. The agreement sets initial base rent at $27,774.96 annually with CPI-linked adjustments and supports early childhood and workforce development programming adjacent to the new library.

Contract Details

Vendor

CUYAHOGA COUNTY PUBLIC LIBRARY

Agency

City of Parma Heights, OH

Contract Type

FACILITIES

Document Date

May 26, 2026

Contract Term

Initial lease term of 30 years commencing in 2026, with possible extensions by mutual agreement and subject to City of Parma Heights’ prior written consent

Renewal Date

2056-12-31

Renewal Info

Lease includes an initial 30-year term starting in 2026 with potential extensions by mutual agreement via written amendment; any extension requires prior written consent of the City of Parma Heights; base rent subject to discretionary biennial CPI-based increases capped at 3% per annum. City retains reversionary rights under the Real Estate Purchase Agreement and General Warranty Deed if property ceases to be used for public library and related purposes.

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