Borough Approves Lease Agreement with Tommaso Enterprise LLC for Public Mural Site
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Description
The Borough of Allendale has approved a lease agreement with Tommaso Enterprise LLC for a portion of 91 West Allendale Avenue. The lease is for ten years and four months at $1,000 per month, escalating annually, with automatic renewal options.
Contract Details
Contract Amount
$1,000.00 per month, escalating by 1.5% each year beginning January 1, 2027
Vendor
TOMMASO ENTERPRISE LLC
Agency
Borough of Allendale, NJ
Contract Type
FACILITIES
Document Date
December 18, 2025
Contract Term
September 1, 2025 – December 31, 2035, with automatic successive one-year renewals
Renewal Date
2035-12-31
Renewal Info
Lease automatically renews for successive one-year terms following the original ten-year, four-month term unless Landlord gives written notice of non-renewal at least three months prior to term end.
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