Title
Resolution approving an extension of the Ground Lease Agreement by and between the City of West Allis and the United States Postal Service for parking in the off-street municipal parking lot
Body
WHEREAS, by Resolution No. 26025, adopted March 2, 1999, the City of West Allis entered into a five (5) year extended Lease Agreement, ending on July 31, 2005, with the United States Postal Service for rental of forty (40) parking stalls in the off-street municipal parking lot on the west side of S. 74 St., and north of the east/west alley of W. Greenfield Ave.; and,
WHEREAS, by Public Works Committee Communication File No. 221/240 and approved by the Common Council of the City of West Allis on July 1, 2002, an additional five (5) year extended Ground Lease Agreement, to end on July 31, 2010, was executed by and between the City of West Allis and the United States Postal Service with an annual payment of seven-thousand five-hundred sixty dollars ($7,560.00); and,
WHEREAS, by Resolution R-2007-0272, the City of West Allis extended the Ground Lease Agreement for another five (5) years, ending on July 31, 2015, with the United States Postal Service, with an annual payment of eight-thousand four-hundred dollars ($8,400.00); and,
WHEREAS, by Resolution R-2015-0051, the City of West Allis extended the Ground Lease Agreement for another five (5) years, ending on July 31, 2020, with the United States Postal Service, with an annual payment of eight-thousand seven-hundred ninety dollars ($8,790.00); and,
WHEREAS, the United States Postal Service has submitted a new five (5) year extended Ground Lease Agreement, to end on July 31, 2025, with an annual payment of ten-thousand dollars ($10,000.00), to assure the United States Postal Service the continued uninterrupted use of the forty (40) parking stalls referenced above; and,
WHEREAS, the lease may be renewed at the option of the Postal Service for the following separate and consecutive terms and at the following an...
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