City Amends Lease with United Fruit & Produce

$1,192.50 for the first year, increasing by 3% annually, with three 5-year extension options

FACILITIES

Initial 5-year term with three mutual options to extend for five additional years each

First Amendment establishes an initial 5-year lease term with rent starting at $1,192.50 in year one and escalating 3% annually, and grants three mutual options to extend for additional 5-year periods each; prior terms under Ordinance 71302 are modified accordingly.

Agenda