23-996
Communication
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23-996 : Extend Lease Agreement Between COB and Seneca Babcock Community Association, Inc (Hennepin Community Center) Located at 24 Ludington (Aka 1207 Bailey Ave.) (LO)
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Summary
This agenda item concerns the extension of a lease agreement between the City of Buffalo (COB) and the Seneca Babcock Community Association, Inc. for the use of the Hennepin Community Center, located at 24 Ludington Street (aka 1207 Bailey Ave.). The original lease, approved in 2019, was for three years and has since expired. The City's Division of Real Estate is recommending a three-year extension of this lease.
Key terms of the lease remain the same:
- Rental Fee: A nominal $1.00 per year.
- Tenant Responsibilities: The tenant (Seneca Babcock Community Association) is responsible for costs related to telephones, internet, permits, garbage removal, and all repairs and preventative maintenance. They must also maintain $1,000,000.00 in general liability insurance, naming the City as an additional insured.
- City Responsibilities: The City is responsible for utilities including gas, water, sewer, and electricity.
- Property Condition: The property is leased "as is," and any remodeling requires prior written approval from the Commissioner of Public Works and the Common Council.
- Lease Duration: The lease will be in effect for three (3) years from the date of execution, with a requirement for the tenant to notify the City of their intent to extend 60 days prior to expiration.
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23-996 8 appearances
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