city-of-riverside-council-agenda-september-2-2025_53f.pdf
City Approves Cash Lease Payments to Army National Guard
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Description
Council approved payment of lease invoices to the Army National Guard for a parcel at Airway and Woodman hosting a city sign and RTA bus stop, now converted from in-kind services to a $4,500 cash lease over five years. The action was included in Resolution 25-R-3047 covering third-quarter Then and Now certificates.
Contract Details
Contract Amount
$4,500 over a five-year period
Vendor
ARMY NATIONAL GUARD
Agency
City of Riverside, OH
Contract Type
FACILITIES
Document Date
September 2, 2025
Contract Term
Five-year lease term
Renewal Info
Lease was renewed with a change from in-kind services to cash consideration; any further renewal or extension terms are not described.
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