Download - Town Center Lease Agreement

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Town Center Lease Agreement

http://palmcoastartsfoundation.org/index.php

Background• Palm Coast Arts Foundation (PCAF)

Requested Lease Agreement for City Property in Town Center

• PCAF Reasons for Lease Request– Fundraising– Grants

• Shared Goal of Simple Lease Agreement, Long Term Lease once Construction is Imminent

http://palmcoastartsfoundation.org/index.php

Lease Agreement Key Terms

• 5 Year Term with Possible 5 Year Extensions• Terminate upon filing of a Building Permit– At that time, Long Term Lease Negotiated

• Property shall be used to Erect Signage• City Council may Terminate Lease with 3 Days

Notice

http://palmcoastartsfoundation.org/index.php

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