Title
Stevens, Incorporated Lease of 142 Dock Street - For the purpose of approving the lease for certain City-owned property located at 142 Dock Street; and matters generally relating to said lease.
Body
CITY COUNCIL OF THE
City of Annapolis
Ordinance 3-16
Introduced by: Mayor Pantelides
Referred to
Finance Committee
Rules and City Government Committee
Economic Matters Committee
AN ORDINANCE concerning
Stevens, Incorporated Lease of 142 Dock Street
FOR the purpose of approving the lease for certain City-owned property located at 142 Dock Street; and matters generally relating to said lease.
WHEREAS, the City of Annapolis is the fee simple owner of the property known and described as 142 Dock Street, Annapolis, Maryland 21401; and
WHEREAS, a lease dated February 25, 1925 was entered into and the property in question and the connected leased, was subsequently assigned to Stevens, Incorporated through a series of deeds; and
WHEREAS, Stevens, Incorporated wishes to renew the lease; and
WHEREAS, the City is willing to lease the space to Stevens, Incorporated for the purposes described and in accordance with the terms and conditions set forth in the Lease Agreement attached hereto and incorporated herein; and
WHEREAS, Article III, Section 8 of the Charter of the City of Annapolis requires the passage of an ordinance to authorize the lease; and
SECTION I: BE IT ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that the Lease Agreement, a copy of which is attached hereto and made a part hereof, between Stevens, Incorporated and the City of Annapolis for the lease of certain municipal property, is hereby approved and authorized.
SECTION II: AND BE IT FURTHER ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that in accordance with Article III, Section 8 of the Charter of the City of Annapolis, the proposed lease of City-owned property will better serve the public need for which the property was acquired.
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