RESOLUTION APPROVING THIRD AMENDMENT TO LEASE AGREEMENT

Item 17: Consideration of Resolution Approving Third Amendment to Lease Agreement with the Rocky Mount Area Chamber of Commerce - 4,800 square feet on the Second Floor and 400 square feet on the Third Floor of the Helen P. Gay Historic Train Station (4-year lease; February 1, 2019 – February 1, 2023 @ original rent of $2,197 monthly; automatic annual renewal of lease after 4 years unless terminated; 1st amendment reduced rent to $1,100 per month; 2nd amendment continued reduced rent through 6/30/2022; 3rd amendment extends reduced rent of $1,100 through 12/31/2022)

Recommended Action: 1) Adopt Resolution Approving Third Amendment to Lease Agreement; and
2) Authorize the Mayor and City Clerk to Execute Same on Behalf of the City

Votes:

Knight - Y
Blackwell - Y
Joyner - Y
Walker - Y
Daughtridge - Y
Harris - Y
Miller - Y