city_council_meeting_minutes_october_7_2025.pdf
City Approves New Lease With U.S. Army Reserve
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Description
The City Council approved first reading of Ordinance 25-761 for a new lease agreement with the U.S. Army Reserve for property at 904 West Liberty Street, including $32,004 in back payment for 2023-2024. The lease features a 10-year term with a 3% annual escalation clause, replacing a long-expired $1 lease.
Contract Details
Contract Amount
$32,004 for 2023-2024
Vendor
US ARMY RESERVE
Agency
City of York, SC
Contract Type
FACILITIES
Document Date
October 7, 2025
Contract Term
10 years with 3% annual escalation, effective July 1, 2023 (back payment for 2023-2024)
Renewal Date
2033-06-30
Renewal Info
New 10-year lease beginning July 1, 2023, including 3% annual escalation; replaces a prior 50-year lease that expired June 30, 2023. Future renewal or extension terms beyond the 10-year period are not specified in the minutes.
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