File #: ID-151-21    Version: 1 Name:
Type: Ordinance Status: Agenda Ready
File created: 5/13/2021 In control: City Council
On agenda: 6/15/2021 Final action:
Title: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO, APPROVING A LEASE AGREEMENT WITH KIM L. SHAKLEE, DBA NATURE IN BRONZE, FOR CITY-OWNED REAL PROPERTY LOCATED AT 36 SOUTH MAIN STREET (“MAIN STREET”), AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID LEASE AGREEMENT ON BEHALF OF THE CITY
Attachments: 1. Ordinance for lease-Nature in Bronze, 2. NatureinBronzeLease_2021

Department of Finance

Reference:                      Lease at 36 South Main Street

 

To:                                                               Mayor Gregory Mills and Members of City Council

Through:                                          Jane Bais DiSessa, City Manager

Prepared By:                                          Maria Ostrom, Finance Director

Date Prepared:                     May 13, 2021

PURPOSE

An ordinance to lease space at 36 S. Main Street.

 

STRATEGIC FOCUS AREA

 

Facilities, Amenities, and Open Space

Financially Responsible

 

BACKGROUND

 

On April 20, 2021, the City Manager received direction from City Council to prepare and present a lease for formal consideration at a future council meeting for space at 36 S. Main Street. City Council desired to lease space to Nature in Bronze at a subsidized amount in order to allow the artist to remain in the building.

 

Section 17.3 of the Brighton City Charter states that City Council may not mortgage or encumber public utilities or permanent public buildings or real or personal property except by ordinance or majority vote of the electors at the option of the Council.”

 

FINANCIAL IMPACT

 

Lessee will pay $5.71 per square feet which is the same price paid by organization’s leasing space at Historic City Hall. The monthly lease payment is $466.79. The lease payment helps offset the cost to operate the building at Main Street.

 

ATTACHMENTS

1.                     Lease with Kim Shaklee, dba Nature in Bronze

2.                     Ordinance