ITEM TITLE:
#19-08 - Amending Title 4 of the Valdez Municipal Code by Creating Chapter 4.09, Titled Lease of City Buildings. Second Reading. Adoption.
SUBMITTED BY: Sheri Pierce, MMC, City Clerk
FISCAL NOTES:
Expenditure Required: Click here to enter text.
Unencumbered Balance: Click here to enter text.
Funding Source: Click here to enter text.
RECOMMENDATION:
Public Hearing.
SUMMARY STATEMENT:
The Valdez Municipal code currently does not provide a procedure for lease of city owned buildings. Upon adoption of this ordinance, city owned building leases will be authorized by resolution of the city council and unless otherwise provided, will authorize the City Manager to negotiate the terms and lease rates for city owned buildings using any of the listed methods.