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January 17, 2019, City Council Regular Meeting
Title
35. Motion to Approve Short-Term Lease Agreement of the Gamble Building by The Glorias, LLC Production Company.
Strategic Priority
N/A
Description

The Glorias, LLC (Lessee), a film production company, has requested to lease the 5th floor of the Gamble Building until February 28th, 2019 for the purposes of filming and office space. The Lessee intends to make minor alterations (ie: build interior walls and remove light fixture), but will revert any modifications to original condition upon completion.

The Glorias, LLC has agreed to pay $7,000/month and will assume all liability and indemnifications for use of the property. The proposed lease has been reviewed by Real Estate Services and the City Attorney.

Recommendation

Approval.

Contact
David Keating, Director of Real Estate Services.
Financial Impact
Up to $14,000.00 in revenue to the general fund.
Review Comments
Attachments
Map and Picture of The Gamble Building.pdf
Lease Agreement for The Glorias LLC.pdf
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