City of Kent Regular City Council Meeting Agenda 2026-06-17
City, College Town Kent Revise Parking Fee Formula
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Description
Kent plans a third amendment to its land lease with College Town Kent, LLC to shift the annual parking lot maintenance fee from a fixed charge to one based on actual shared maintenance costs. Since 2013 the developer has paid about $450,000 in fees, and the change is intended to improve transparency and fairness.
Contract Details
Vendor
COLLEGE TOWN KENT LLC
Agency
City of Kent, OH
Contract Type
FACILITIES
Document Date
June 17, 2026
Renewal Info
Third amendment to an existing land lease dating back to at least 2013; it revises the maintenance fee calculation but does not expressly change the lease term.
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City of Kent Regular City Council Meeting Agenda 2026-06-17
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City of Kent Regular City Council Meeting Agenda 2026-06-17
City of Kent Regular City Council Meeting Agenda 2026-06-17
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