RESOLUTION NO. 400
AUTHORIZING A LEASE AGREEMENT WITH SARATOGA EAGLE SALES AND SERVICE REGARDING SUITE NO. 19 AT THE MVP ARENA
Introduced: 11/14/22
By Public Works Committee:
WHEREAS, The General Manager of the MVP Arena has indicated that Saratoga Eagle Sales and Service has an interest in a lease agreement for Corporate Suite No. 19 at the MVP Arena, and
WHEREAS, The General Manager has indicated that payments totaling $51,000 per contract year for a total amount of $153,000 shall be made for the term commencing September 1, 2022 and ending on August 31, 2025, and
WHEREAS, The General Manager has also indicated that the Suite holder will also be responsible for sales tax on tickets to sporting events and cable TV monthly charges as well as any catered food they purchase through Aramark at the MVP Arena, now, therefore, be it
RESOLVED, By the Albany County Legislature that the County Executive is authorized to enter into a three-year lease agreement with Saratoga Eagle Sales and Service, Saratoga Springs, NY 12866 to lease Corporate Suite No. 19 at the MVP Arena in the amount of $153,000 for the term commencing September 1, 2022 and ending August 31, 2025, and, be it further
RESOLVED, That the County Attorney is authorized to approve said lease agreement as to form and content prior to the execution thereof, and, be it further
RESOLVED, That the Clerk of the County Legislature is directed to forward certified copies of this resolution to the appropriate County Officials.