Ordinance #12,116
ORDINANCE
STATE OF LOUISIANA
CITY OF MONROE NO. 12,116
The following Ordinance was introduced by Mrs. Dawson who moved for its adoption and was seconded by Ms. Woods :
AN ORDINANCE AUTHORIZING A LEASE AGREEMENT BETWEEN THE CITY OF MONROE AND DRP MASONRY LLC, FOR THE LEASE OF A PORTION OF A CITY OWNED PARKING LOT AND FURTHER PROVIDING WITH RESPECT THERETO:___________________________________________________________________
WHEREAS, DRP Masonry LLC desires to lease a portion of a parking lot located between North 3rd St. and North 4th Street owned by the City of Monroe; and
WHEREAS, Appraisal Consultants, LLC prepared an appraisal dated March 20, 2022, with the appraised rental value at $500.00. A copy of a portion of the appraisal is attached hereto.
BE IT ORDAINED, by the City Council of the City of Monroe, in legal session convened, that Stacey Rowell, Director of Administration, be and she is hereby authorized and empowered for and on behalf of the City of Monroe, Louisiana, to enter into and execute a Lease Agreement between the City of Monroe and DRP Masonry LLC, a copy of said Lease setting forth the terms and conditions thereof attached hereto and make a part hereof.
This Ordinance was introduced on the 12th day of April , 2022.
Notice published on the 18th day of April , 2022.
This Ordinance having been submitted in writing, introduced and published, was then submitted to a vote as a whole, the vote thereon being as follows:
AYES: Woods, Marshall & Dawson
NAYS: None.
ABSENT: Harvey, Ezernack
And the Ordinance was declared ADOPTED on 26th day of April , 2022.
Carday Marshall, Sr.
CHAIRMAN
Carolus S. Riley
CITY CLERK
Oliver Friday Ellis
MAYOR’S APPROVAL
MAYOR’S VETO