01-0892R

RESOLUTION AUTHORIZING AN AGREEMENT LEASING TEN PARKING SPACES FROM KEGLERS, INC., DBA INCLINE STATION.

BY PRESIDENT EDWARDS:

        RESOLVED, that the proper city officers are hereby authorized and directed to execute a lease agreement between the city of Duluth and Kegler's, DBA Incline Station, for the leasing of ten parking spaces in the parking lot immediately west of Sixth Avenue and below First Street for an estimated annual consideration of $4,200 to be paid from Fund 0100-015-2500-5441, said lease agreement filed as Public Document No.__________________.



STATEMENT OF PURPOSE:  This resolution authorizes the city to enter into a lease agreement with Kegler's, Inc., DBA Incline Station, for the leasing of ten parking spaces as indicated in the agreement for a consideration of $35 per space per month. The term of the lease is for two years. These spots are needed by the city because the city lost the spaces it occupied in the county lots.