REQUEST FOR LEGISLATIVE ACTION
Description (e.g., Contract Authorization for Information Services):
title
Request for approval of renewal lease for Suite # 4 - Pamal Broadcasting
body
Date: March 31, 2025
Department: MVP Arena
Attending Meeting: Bob Belber, GM
Submitted By: Christine Hayes
Title: HR Manager
Phone: 518-487-2011
Purpose of Request: Contract Authorization Enter text.
CONTRACT TERMS/CONDITIONS:
Party Names and Addresses:
James Morrell, President Pamal Broadcasting 6 Johnson Road Latham, NY 12110
Term: (Start/end date or duration) September 1, 2025 through August 31, 2028 (Three-years)
Amount/Raise Schedule/Fee: $54,500.00 Annually
BUDGET INFORMATION:
Is there a Fiscal Impact: Yes ? No ?
Anticipated in Budget: Yes ? No ?
Spreadsheet attached: Yes ? No ?
Source of Funding - (Percentages)
Federal: 0 County: 0
State: 0 Local: 100
County Budget Accounts:
Revenue Account and Line: AA712802451
Revenue Amount: $54,500.00
Appropriation Account and Line: Enter text.
Appropriation Amount: Enter text.
ADDITIONAL INFORMATION:
Mandated Program/Service: Yes ? No ?
If Mandated, Cite Authority: Enter text.
Request for Bids / Proposals:
Competitive Bidding Exempt: Yes ? No ?
# of Response(s): Enter text.
# of MWBE: Enter text.
# of Veteran Business: Enter text.
Bond Resolution No.: Enter text.
Apprenticeship Program Yes ? No ?
Previous requests for Identical or Similar Action:
Resolution/Law Number and Date: 196 2022
DESCRIPTION OF REQUEST: (state briefly why legislative action is requested)
The tenant has been a suite holder since the early 1990's. The current lease expires on August 31, 2025. The new lease will be for a period/term of three years from September 1, 2025 through August 31, 2028. The annual fees payable from the tenant equal $54,500.00. The total value of the lease over three years is $163,500.00. The suite holder paid a deposit in the amount of $3,000 w...
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