SUBJECT: Approval of a Three (3) Year Lease Agreement with James G. Moulton, Trustee, and Lynda S. Moulton, Trustee, for a 9,000 Square Foot Facility with Initial Base Rent of $5,475/NNN Per Month and the Option to Extend for an Additional Three (3) Years REPORT IN BRIEF Considers approving a three-year lease agreement with James G. Moulton and Lynda S. Moulton for property to be utilized by the Merced Police Department. RECOMMENDATION City Council - Adopt a motion approving the lease agreement between the City of Merced and James G. Moulton, Trustee, and Lynda S. Moulton, Trustee and authorizing the City Manager, the Assistant City Manager, or the Finance Office to make necessary adjustments and execute the document.

What this record is

Held by

Initial Base Rent 3 records across this site

Amount

$5K

Runs until

August 23, 2022 already ended calculated from the contract term stated in the record

Type

contract

Field

Public safety

Read automatically from the title of the official record. The source document below is authoritative.

Initial Base Rent also holds

SUBJECT: Approval of a Two (2) Year Lease Agreement with James G. Moulton, Trustee, and Lynda S. Moulton, Trustee, for a 9,000 Square Foot Facility wi… $9K Merced, CA ends Sep 5, 2027 SUBJECT: Approval of a Three (3) Year Lease Agreement with James G. Moulton, Trustee, and Lynda S. Moulton, Trustee, for a 9,000 Square Foot Facility … $7K Merced, CA ends Aug 22, 2025

Committee

City Council/Public Finance and Economic Development Authority/Parking Authority

Introduced

August 23, 2019

On agenda

September 3, 2019

Passed

September 3, 2019