RESOLUTION NO. 585
AUTHORIZING A LEASE AGREEMENT WITH IRO SUSHI FRANCHISE, LLC REGARDING RESTAURANT SPACE AT THE MVP ARENA
Introduced: 10/15/24
By Public Works Committee:
WHEREAS, The General Manager of the MVP Arena has requested authorization to enter into a lease agreement with IRO Sushi Franchise, LLC regarding restaurant space at the MVP Arena in an amount not to exceed $25,270 annually for a term commencing October 1, 2024 and ending December 31, 2029, with one five-year option to renew, and
WHEREAS, The lease provides for a rent-free period of three months to allow the tenant to prepare the space for restaurant operations, now, therefore, be it
RESOLVED, By the Albany County Legislature that the County Executive is authorized to enter into a lease agreement with IRO Sushi Franchise, LLC, East Greenbush, NY 12061 regarding restaurant space at the MVP Arena in an amount not to exceed $25,270 annually for a term commencing October 1, 2024 and ending December 31, 2029, with one five-year option to renew, 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.