Authorizing the City’s execution of a termination agreement of the existing Lakeview Library lease that expired and was extended on a month-to-month holdover basis, and the execution of a new lease agreement that would expire on December 31, 2030, with four renewal options that are three years each in duration, between the City of Madison, and Sherman Plaza, Inc. (District 12)

Committee

MADISON PUBLIC LIBRARY BOARD

Requested by

FINANCE COMMITTEE

Introduced

March 18, 2024

On agenda

April 16, 2024

Passed

April 16, 2024

Enacted

April 18, 2024

Enactment no.

RES-24-00272

Where it was heard

COMMON COUNCIL Apr 16, 2024 Adopt Pass MADISON PUBLIC LIBRARY BOARD Apr 4, 2024 Return to Lead with the Recommendation for Common Council to Adopt Pass FINANCE COMMITTEE Mar 25, 2024 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass COMMON COUNCIL Mar 19, 2024 Referred

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