TO: Mayor and Members of City Council
THRU: Timothy L. Bryant, CEO/General Manager
Fayetteville Public Works Commission
FROM: Fayetteville Public Works Commission
DATE: September 25, 2023
RE:
Title
Lease of Suite 303 of RC Williams Building
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
High Quality Built Environment
Executive Summary:
The Fayetteville Public Works Commission (PWC) negotiated a Commercial Lease Agreement to Lease with US LBM Holdings, LLC for Suite 303 of the R.C. Williams Building for an annual rent of $27,759.96.
Background:
The PWC CEO/General Manager has approved the Commercial Lease Agreement to Lease of Suite 303 of the R.C. Williams Building to US LBM Holdings, LLC (“Lessee”). The Lease agreement is for one (1) year. Lessee has agreed to an annual rent rate of $27,759.96.
Issues/Analysis:
N/A
Budget Impact:
N/A
Options:
N/A
Recommended Action:
PWC recommends the Fayetteville City Council approve the lease with Lessee
Attachments:
Proposed Lease with US LBM Holdings, LLC