ROSWELL NEW MEXICO
AGENDA ITEM ABSTRACT
AGENDA ITEM ABSTRACT
Item No. 25.
Regular City Council Meeting
- Meeting Date:
- 02/13/2025
COMMITTEE:
N/A
CONTACT:
Hessel Yntema
CHAIR:
Mayor Pro Tem
ACTION REQUESTED:
Grant City management authority to enter into First Amended Lease with Dean Baldwin for Building 1083. (Halvorson/Yntema)
BACKGROUND:
Initiated by: Hess Yntema
Dean Baldwin has rented Building 1083 for over 20 years and seeks to maintain the lease until 2029.
Dean Baldwin has rented Building 1083 for over 20 years and seeks to maintain the lease until 2029.
FINANCIAL CONSIDERATION
No negative impact. Increased Rental Revenue over the course of the lease.
LEGAL REVIEW:
Legally sufficient.
BOARD AND COMMITTEE ACTION:
City Council will be the first to consider this item.
STAFF RECOMMENDATION:
Grant City management authority to enter into First Amended Lease with Dean Baldwin for Building 1083.