City of Albuquerque
File #: EC-22-104   
Type: Executive Communication Status: Approved
File created: 8/1/2022 In control: City Council
Final action: 10/3/2022
Enactment date: Enactment #:
Title: Lease Agreement between Black Bow Events, LLC., and the City of Albuquerque for Office Space located at 100 Arno St. NE
Attachments: 1. EC-104
Date Action ByActionResultAction Details
10/3/2022 City Council ApprovedPass Action details
9/19/2022 City Council Accepted with a recommendation Be Approved  Action details
9/12/2022 Finance & Government Operations Committee Sent to Council with a recommendation of Be ApprovedPass Action details
8/1/2022 City Council Received and Referred  Action details
8/1/2022 President Referred  Action details

 

 

 

 

INTER-OFFICE MEMORANDUM                                                                                    June 7, 2022

 

TO:                                          Isaac Benton, City Council President

 

FROM:                     Timothy M. Keller, Mayor

 

SUBJECT:                     title

Lease Agreement between Black Bow Events, LLC., and the City of Albuquerque for Office Space located at 100 Arno St. NE

body

 

 

The City of Albuquerque’s Department of Municipal Development wishes to continue to lease 458 square feet of office space to Black Bow Events located at 100 Arno Street NE. 

 

The proposed Lease Agreement is for a two (2) year period with the option to renew for an additional two (2) one (1) year period with a 3% escalation, if lessee is in compliance with the lease and if properly exercised.  Proposed annual rent will generate $6,600.00 in revenue for the City.

 

This Lease Agreement is forwarded to City Council for approval.

 

 

Title/Subject of Legislation:                      Lease Agreement between Black Bow Events, LLC., and the City of Albuquerque for Office Space located at 100 Arno St. NE

 

 

Approved:                                                                                                         

 

                                                                                                                              

Lawrence Rael                                                  Date                                          

Interim Chief Administrative Officer                                          

 

 

Recommended:                                                                                    

 

_________________________

Patrick Montoya                                           Date                     

Director, Department of Municipal Development