County property lease and concession time limits

A. Lease. The term of any contract to lease, rent or let property of the County shall not exceed five years; provided, that the council by resolution may authorize the leasing, renting or letting of property for a period in excess of five years, when such longer period is deemed necessary and in the public interest and: 1. When the lessee or tenant is required by the terms of the proposed contract to expend the sum of twenty-five thousand dollars or more for capital improvements or to provide for any capital improvement, the estimated cost of which is equal to or in excess of the sum of twenty-five thousand dollars as determined by the council. "Capital improvement," as used in this section, includes not only the construction of improvements but the installation of furniture and fixtures the cost of which would be depreciable over the period of the lease; or 2. When the property is to be devoted to the training and education of handicapped or blind persons and by the terms of the proposed contract the lessee or tenant is required to construct on such property any improvement, the estimated cost of which, including cost of labor and materials, is equal to or in excess of the sum of ten thousand dollars, as determined by the council; or 3. When the real property is leased, rented, or let for the use of any agency of the state or federal government. B. Concession. The duration of the grant of a concession or concession space shall be related to the investment required but in no event to exceed fifteen years. (Ord. 1069 § 1 (part), 1980: prior code § 5-9.2)