The dollar per year paid to continue the lease should be noted in the revenue records at the City, a receipt should have been issued to the payee upon the City's receipt of the dollar. If the receipts were not kept by the payee then an open records request of the rental income revenue account held by the City should proffer the necessary proof. Some elbow grease should tender the desired results assuming the lease was renewable in perpetuity and the terms are as described above. One may be able to simply ask rather than submitting open records requests. A simple ask may be all one needs to rectify the situation.
In my understanding, the City hasnt implied that the lease will not discontinued? A stronger relationship built in trust between the two entities could help instead of assuming the worst possible scenario?
Hi, Martina. Taken at their word, the City is doing what it can to renegotiate the lease's timeframe. They aren't looking to charge more than a dollar, but they do want to end the 10 year timeframe and replace it with year-to-year and the option to not renew.
The dollar per year paid to continue the lease should be noted in the revenue records at the City, a receipt should have been issued to the payee upon the City's receipt of the dollar. If the receipts were not kept by the payee then an open records request of the rental income revenue account held by the City should proffer the necessary proof. Some elbow grease should tender the desired results assuming the lease was renewable in perpetuity and the terms are as described above. One may be able to simply ask rather than submitting open records requests. A simple ask may be all one needs to rectify the situation.
In my understanding, the City hasnt implied that the lease will not discontinued? A stronger relationship built in trust between the two entities could help instead of assuming the worst possible scenario?
Hi, Martina. Taken at their word, the City is doing what it can to renegotiate the lease's timeframe. They aren't looking to charge more than a dollar, but they do want to end the 10 year timeframe and replace it with year-to-year and the option to not renew.