south-portland-housing-authority-meeting-minutes-2024-05-21_745.txt
Bug Light Park Lease Extended with PPLC
Trusted by teams at
Description
The City of South Portland approved the twelfth amendment to its lease agreement with Portland Pipe Line Corporation for the Bug Light Park property, extending the lease and associated insurance coverage for one year through June 30, 2025. The annual lease payment is based on the assessed real estate taxes ($30,081.44 for FY24), and insurance coverage is maintained by the City.
Contract Details
Contract Amount
$30,081.44 (annual rent, FY24) plus $2,555 for insurance
Vendor
PORTLAND PIPE LINE CORPORATION
Agency
South Portland Housing Authority, ME
Contract Type
FACILITIES
Document Date
May 21, 2024
Contract Term
One year extension, expiring June 30, 2025
Renewal Date
2025-06-30
Renewal Info
Twelfth amendment, one-year extension, lease now expires June 30, 2025. Previous eleven lease extensions over past 22 years.
More from PORTLAND PIPE LINE CORPORATION
Related Contracts
City of South Portland Agenda City Council Meeting 2026-06-02
EXTENDEDCity of South Portland Agenda City Council Meeting 2026-06-02
EXTENDEDCity of South Portland Council Meeting Agenda April 2026
PENDINGsouth-portland-housing-authority-meeting-minutes-2024-05-21_78a.txt
AMENDEDsouth-portland-housing-authority-meeting-minutes-2024-05-21_78a.txt
AMENDEDIssuing Agency
South Portland Housing Authority
Local Housing Authority
South Portland, ME
More from South Portland Housing Authority
City of South Portland Agenda City Council Meeting 2026-06-02
City of South Portland Agenda City Council Meeting 2026-06-02
City of South Portland Agenda City Council Meeting 2026-06-02
City of South Portland Agenda City Council Meeting 2026-06-02
City of South Portland Agenda City Council Meeting 2026-06-02
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.