15-6661
R26 Authorizes lease agreement with Ami Martin and family for residential property located at 200 Springhouse Road, Allentown, PA 18104. The agreement is for $19,103.52 for year one ($1,591.96 a month) with a CPI increase for the second year of the original term, with a five (5) one (1) renewal options. This will be a two (2) year lease with five (5) one (1) year renewal options. For year new year, the lease will be increased based on the CPI percentage indicated on the official US Bureau of Labor Statistics.
What this record is
- Amount
- $19K
- Runs until
- February 13, 2026 already ended calculated from the contract term stated in the record
- Type
- amendment
- Field
- Real estate
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Introduced
- February 13, 2024
- On agenda
- February 21, 2024
- Passed
- February 21, 2024
- Enactment no.
- 30795