Town of Lexington Special Called Council Meeting & Work Session Agenda February 17 2026
Town Seeks Temporary Parking Lease with BPS Holdings
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Description
The Town of Lexington plans to lease 20 parking spaces from BPS Holdings LLC at 134 East Main Street during construction on North Church Street. The 9-month lease costs $2,700 upfront plus $8,100 for the term, with extension options.
Contract Details
Contract Amount
$2,700 reservation fee plus $45 per space per month for nine months (total $8,100), then $65 per space per month if extended
Vendor
BPS HOLDINGS LLC
Agency
Town of Lexington, SC
Contract Type
FACILITIES
Document Date
February 17, 2026
Contract Term
August 1, 2026 – April 30, 2027 (9 months); then month-to-month at higher rate with 60-day termination notice
Renewal Date
2027-04-30
Renewal Info
Lease automatically transitions to month-to-month after 9 months at increased rate; 60-day notice required for termination. Potential extension beyond initial term.
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