Title
Lease of 36336 Eight Mile Road, Farmington, Michigan by GLWA to Brian Connolly
Body
Agenda of: December 14, 2022
Item No.: 2022-581
Amount: $1,500/month
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Suzanne R. Coffey, P.E.
Chief Executive Officer
Great Lakes Water Authority
DATE: December 9, 2022
RE: Lease of 36336 Eight Mile Road, Farmington, Michigan by GLWA to Brian Connolly
MOTION
Upon recommendation and opinion of Suzanne R. Coffey, P.E., Chief Executive Officer, and Randal M. Brown, General Counsel, the Board of Directors (Board) for the Great Lakes Water Authority (GLWA) (1) approves the lease of 36336 Eight Mile Road, Farmington, Michigan (the Property) by GLWA to Brian Connolly; and (2) authorizes the Chief Executive Officer to take such other action as may be necessary to accomplish the intent of this vote, including the execution of the Lease Agreement.
JUSTIFICATION
For replacing the existing Newburgh Road Pumping Station with a new pumping station, GLWA needed to acquire land near the existing pumping station. Through its consultants, GLWA identified land in the vicinity of the current pumping station as the best property acquisition option for the new pumping station. On June 20, 2022, this Honorable Board approved the purchase of the Property. The Property contains a ranch-style home that was occupied by a tenant, Brian Connolly. At the June 20th Board Meeting, the Board also authorized the assignment of an expired lease for the Property and to either negotiate or terminate the lease. GLWA and Mr. Connolly have negotiated a new lease. The monthly lease payment is $1,500. The tenant will be responsible for all maintenance responsibilities. In addition to the revenue, GLWA will benefit from a tenant maintaining the Property until the Property is needed for the construction of the new pumping station.
BUDGET IMPACT
GLWA will receive $1,500/month in rent from Mr. Conno...
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