Meeting Time: February 21, 2024 at 6:30pm EST
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Agenda Item

15-6661 R26 Authorizes lease agreement with Ami Martin and family for residential property located at 200 Springhouse Road, Allentown, PA 18104. The agreement is for $19,103.52 for year one ($1,591.96 a month) with a CPI increase for the second year of the original term, with a five (5) one (1) renewal options. This will be a two (2) year lease with five (5) one (1) year renewal options. For year new year, the lease will be increased based on the CPI percentage indicated on the official US Bureau of Labor Statistics.