Finance Committee - 02/03/2021 Page 5
Mayor Donchess
Anyone else? Alright well the motion is to recommend final passage. Madam Clerk, could you please call the
roll?
A viva voce roll call was taken which resulted as follows:
Yea: Alderwoman Lu, Alderman Harriott-Gathright,
Alderwoman Kelly, Alderman Laws, Alderman O’Brien, Mayor Donchess 6
Nay: 0
MOTION CARRIED
R-21-113
Endorsers: Alderman-at-Large Ben Clemons
Alderman Thomas Lopez
Alderman-at-Large Michael B. O’Brien, Sr.
Alderman Skip Cleaver
Alderman Jan Schmidt
Alderman Richard A. Dowd
Alderman Patricia Klee
Alderman Linda Harriott-Gathright
AUTHORIZING THE MAYOR TO ENTER INTO A FIRST AMENDMENT TO THE 14 COURT STREET LEASE FOR
UNIT B WITH LIQUID THERAPY, LLC
MOTION BY ALDERMAN HARRIOTT-GATHRIGHT TO RECOMMEND FINAL PASSAGE BY ROLL CALL.
ON THE QUESTION
Mayor Donchess
And we have Tim Cummings, Economic Development Director here to talk about the terms of this Resolution
as well as Alderman Clemons who was involved in these discussions, | believe. So | will ask Mr. Cummings to
explain the terms.
Tim Cummings, Director of Economic Development
Great thank you Mayor. Again, Tim Cummings, Director of Economic Development. The amendment before
you is relatively simple. All it does it clarify and make explicit that the utilities that are using to service Liquid
Therapy’s lease premise area will be sub metered and the cost of the usage of said utilities would be paid by
Liquid Therapy. The responsibility for the sub metering would be on the City. It is going to take a little time to
get those sub meters in so we are starting off the utility collection July 1° of ’21.
So those are the three essential elements that are in the amendment. The reason why we are doing this is to
clarify and just clean up from the previous lease language where it was a little foggy or unclear as to the utility
usage and this makes it more explicit and is something that Liquid Therapy looks favorably upon and so do |. |
am asking for your approval this evening. Thank you.
