File #: 24-0634    Version: 1 Name: A Resolution Approving a Commercial Lease Agreement Between the City of Foley and Foley CB, LLC
Type: Resolution Status: Adopted
File created: 10/10/2024 In control: City Council
On agenda: 11/4/2024 Final action: 11/4/2024
Title: A Resolution Approving a Commercial Lease Agreement Between the City of Foley and Foley CB, LLC
Attachments: 1. City of Foley 200 W. LAUREL AVE - DRAFT SUITE 250 LEASE CITY OF FOLEY 9-24-24 (1), 2. Adjusted DRAFT SUITE 250 LEASE CITY OF FOLEY 10-28-24 copy (1) (4)

Title

A Resolution Approving a Commercial Lease Agreement Between the City of Foley and Foley CB, LLC

 

Summary

Description of Topic: (who, what, where, when, why and how much)

The City of Foley would like to enter into a Commercial Lease Agreement with Foley CB, LLC for office space. This would be for a one - year term.

 

Body

 

                     WHEREAS, the City of Foley has a need for office space to accommodate certain City offices and employees, and

                     WHEREAS, Foley CB, LLC has agreed to lease the City use of Suite 250, approximately 2,820 square feet of usable space located at 200 W. Laurel Avenue.

                     NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:

                     SECTION 1:     Approves entering into a Commercial Lease Agreement for one (1) year with Foley CB, LLC.

                     SECTION 2:     This Resolution shall become effective immediately upon its adoption as required by law.