File #: 23-072    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/25/2023 In control: Public Works Committee
On agenda: Final action: 3/13/2023
Title: AUTHORIZING A LEASE AGREEMENT WITH P. SCHNEIDER & ASSOCIATES REGARDING SUITE NO. 8 AT THE MVP ARENA
Sponsors: Public Works Committee
Attachments: 1. GM LETTER - P Schneider Associates - Suite # 8 - January 15-2023 through January 14-2026, 2. 4021 RLA Form, 3. Letter of Intent P. Schneider, 4. Deposit Schneider & Associates_Redacted, 5. Lease Schneider & Associates Suite # 8, 6. 23-072 PW 7 - TMP - 4021 - Authorizing_Lease_Agreement_P_Schneider_&_Associates_Suite_8_MVP_Arena

RESOLUTION NO. 72

 

AUTHORIZING A LEASE AGREEMENT WITH P. SCHNEIDER & ASSOCIATES REGARDING SUITE NO. 8 AT THE MVP ARENA

 

Introduced:  3/13/23

By Public Works Committee:

 

                     WHEREAS, The General Manager of the MVP Arena has indicated that P. Schneider & Associates, has expressed an interest in renewing its lease agreement for Corporate Suite No. 8 at the MVP Arena, and

 

                     WHEREAS, Annual payments are $51,000, and the Suite holder will be credited in the amount of $4,250 for payments made during the months of April 2020 through April 2021 due to the closure of the MVP Arena caused by the COVID-19 pandemic, and

 

                     WHEREAS, 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, and

 

WHEREAS, The term of said agreement to lease Suite No. 8 shall be for three years commencing January 15, 2023 and ending on January 14, 2026, 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 P. Schneider & Associates, Cairo, NY 12413, to lease Corporate Suite No. 8 at the MVP Arena in the amount of $148,750 for a term commencing January 15, 2023 and ending January 14, 2026, 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.