Title
Consent to Assignment of Lease at the Star Garage Legal Center (B)
Explanation
In December 1985, the City leased approximately 20 feet of land lying to the west of the Star Garage Legal Center. The property was leased to the Star Garage Legal Center for a term of 50 years for the purpose of providing landscaping and a sidewalk.
The Star Garage building is under contract for sale. The Star Garage Legal Center is requesting the City to assign the lease to the new owner, Building 32606, Inc. The leased property will continue to be used to provide a sidewalk and landscaping for the building because it is a site plan requirement.
Fiscal Note
No fiscal impact.
Recommendation
The City Commission authorize the City Manager to execute the Consent to Assignment of Lease Agreement.