Cleveland City Council Meeting Agenda February 9 2026
Option to lease 4242 Lorain Avenue to Pennrose
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Description
Cleveland City Council approved an emergency ordinance allowing the Director of Development to execute an up-to-one-year option to lease agreement with Pennrose Holdings LLC for the city-owned property at 4242 Lorain Avenue. The option supports future redevelopment planning; financial terms are not listed in the agenda.
Contract Details
Vendor
PENNROSE HOLDINGS LLC
Agency
Town of Cleveland, VA
Contract Type
FACILITIES
Document Date
February 9, 2026
Contract Term
Up to one year
Renewal Info
Option to lease is authorized for a period of up to one year; any renewal or extension would require further authorization not described in the agenda.
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