BY PRESIDENT STAUBER:
RESOLVED, that the proper city officers are hereby authorized and directed to execute a one year lease with the Clayton, Jackson, McGhie Memorial, Inc. and Peoples Institute North for the lease of 750 square feet of office space identified as Room 116 located in Washington Center, for a consideration of $500 per month to be deposited in General Fund 0100-015-1515-4612; said lease filed as Public Document No. ____________.
STATEMENT OF PURPOSE: This lease authorizes the city of Duluth to rent 750 square feet of office space in the Washington Center (Room 116) to the Clayton, Jackson, McGhie Memorial, Inc. and Peoples Institute North for $500 per month for a term of one year. The lease may continue indefinitely after the first year until cancelled by either party.