O-2003-2385-B - Laserfiche WebLink

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. e REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: March 24. 2003 Appropriation Requested By: Debra Brooks FeazeUe Source of Funds: nJa Department: Adminidl'atinn Account Number: Report: Resolution: Ordinance: X Amount Budgeted: Exhibits: Ordinance Amount Requested: Exhibits: Amended Aereement Lease Budgeted Item: YES NO Exhibits Letter from La Porte-Bay Area Heritave Society SUMMARY & RECOMMENDATION The City renewed a lease agreement with the Heritage Society for lease of property for the depot museum. The lease agreement is for a 20-year term which began on May 1, 2000 and will expire on April 30, 2020. The Heritage Society has remitted to the City $20.00 to account for the $1.00 per year lease amount. The current lease requires the Heritage Society to provide public liability insurance and property damage insurance. The Heritage Society sent the City the enclosed letter requesting they be allowed to only provide public liability insurance coverage for the deport. The Heritage Society has listed several reasons in their letter for canceling the property damage coverage. Staff recommends amending the lease agreement between the City of La Porte and the La Porte- Bay Area Heritage Society to allow the Heritage Society to cancel property damage insurance. Action Required bv Council: Consider approval or other action regarding an ordinance amending Ordinance No. 2000-2385, "An ordinance approving and authorizing an agreement of lease between the City of La Porte and the La Porte Heritage Society, for a twenty year term commencing May 1, 2000. 3-lj ""0 3 Date