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Meeting Date:
05/22/2023
Huber Heights YMCA - Sublease Assignment
Submitted By:
Bryan Chodkowski
Department:
City Manager
Council Committee Review?:
Council Work Session
Date(s) of Committee Review:
05/16/2023
Audio-Visual Needs:
None
Emergency Legislation?:
No
Motion/Ordinance/
Resolution No.:
2023-R-7278
Agenda Item Description or Legislation Title
A Resolution Consenting To A Sublease Of The YMCA Property.
(first reading)
Purpose and Background
Per Ordinance No. 2004-O-1480 which spells out the terms and conditions of the City's 99-year ground lease with the YMCA, the YMCA has the right to sublease its spaces to other users with the City's consent. Presently, the YMCA sublets space for use as a dialysis center to Bio-Medical Applications of Ohio, Inc; to which the City previously consented. Through the course of various business transactions, Bio-Medical Applications of Ohio's parent company, Fresenius Medical Care Centerville Home, LLC, wishes to now sublease the same space to The Ohio State University to operate the same dialysis center. This proposed legislation represents the City's consent for the change of subleases.
Fiscal Impact
Source of Funds:
N/A
Cost:
N/A
Recurring Cost? (Yes/No):
N/A
Funds Available in Current Budget? (Yes/No):
N/A
Financial Implications:
Attachments
Resolution
Exhibit A
2023-R-7278
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