Dell Rapids Agenda Memorandum Norby's Lease Agreement 2026-06-01
City considers updated lease with Norby's bar tenant
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Description
The City Council is asked to approve an updated lease agreement with Norby's for the municipal bar space, retaining the current $1,500.00 monthly rent. Staff notes recent rent history and CPI-based increase options but recommends approval of the contract as presented.
Contract Details
Contract Amount
$1,500.00 per month (current rent; potential increases to $1,540.50 or $1,629.00 discussed)
Vendor
NORBY'S
Agency
City of Dell Rapids, SD
Contract Type
OTHER
Document Date
June 1, 2026
Renewal Info
Lease agreement updated for new term with minor revisions to dates, income calculation, and names; rent last increased by $250.00 in 2023 and CPI-based adjustments were discussed but not incorporated into the presented contract.
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