
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 64th 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 64th 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 64th 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