Garden City Library Lease Formalized Through 2030
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Description
The City of Garden City and Garden City Public Library executed a revised lease agreement for continued library operations at the Maplewood Community Center. The lease is effective July 1, 2026, through September 1, 2030, at $53,101.32 per year, with annual increases capped at 2.5%.
Contract Details
Contract Amount
$53,101.32 per year (first year), plus CPI or 2.5% cap annually
Vendor
GARDEN CITY PUBLIC LIBRARY
Agency
City of Garden, MI
Contract Type
FACILITIES
Document Date
June 8, 2026
Contract Term
July 1, 2026 – September 1, 2030, with one-year renewal option
Renewal Date
2030-09-01
Renewal Info
Tenant may renew for one additional year with 60 days' notice if not in default; Landlord may opt not to renew with 90 days' notice before term end. Annual escalation by CPI or 2.5%, whichever is less.
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