City of Albuquerque - File #: EC-21-309

• File #: EC-21-309
• Type: Executive Communication
• Status: Approved
• File created: 4/5/2021
• In control: City Council
• Final action: 5/3/2021
• Title: Ground Lease Agreement between Mary Beth Maloy and Dion Patrick Maloy and the City of Albuquerque located at 6325 Hanover Rd., NW and 1301 & 1010 64th Street NW

Date	Action By	Action	Result
5/3/2021	City Council	Approved	Pass
4/19/2021	City Council	Accepted with a recommendation Be Approved
4/12/2021	Finance & Government Operations Committee	Sent to Council with a recommendation of Be Approved	Pass
4/5/2021	City Council	Received and Referred
4/5/2021	President	Referred

INTER-OFFICE MEMORANDUM                                                                                                         March 1, 2021

TO:                                          Cynthia Borrego, President, City Council

FROM:                     Timothy M. Keller, Mayor

SUBJECT:                      title

Ground Lease Agreement between Mary Beth Maloy and Dion Patrick Maloy and the City of Albuquerque located at 6325 Hanover Rd., NW and 1301 & 1010 64^th Street NW

body

The Solid Waste Department wishes to continue to lease approximately a total 9.60 acres of vacant land located at 6325 Hanover Rd., NW and 1301 and 1010 64^th Street NW from the Mary Beth Maloy and Dion Patrick Maloy. Parking will be limited during construction of the Edith Solid Waste Vehicle Maintenance Facility and the Westside Vehicle Maintenance Facility, and this property will provide additional parking for the Solid Waste Recycling Collection trucks and vehicles.

The proposed Lease Agreement is for a one (1) year and one (1) month period with the option to renew for two additional one (1) year period, if the City is in compliance with the lease and if properly exercised. The proposed monthly rent is $11,000.00 and the total rental amount for the one (1) year and (1) one month lease period will be $143,000.00.

This Lease Agreement is forwarded to City Council for approval.

TITLE/SUBJECT OF LEGISLATION:  Ground Lease Agreement between Mary Beth Maloy and Dion Patrick Maloy and the City of Albuquerque located at 6325 Hanover Rd., NW and 1301 & 1010 64^th Street NW

Approved:                                                      Approved as to Legal Form:

____________________        _   __                                            _________________________        ___

Sarita Nair                                                    Date                                          Esteban A. Aguilar, Jr.                             Date

Chief Administrative Officer                                                               City Attorney

Recommended:

_______________________________

Matthew Whelan                                          Date

Director, Solid Waste Department