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REPORT OF THE CITY MANAGER
COMMON COUNCIL MEETING
December 13, 2005
6:00 p.m.
A. CITY MANAGER'S REPORT
1. BILLS
It is recommended that the bills, as audited and presented by the Director of Finance, be
approved for payment.
2.
RDA REPORT
Request permission to approve the report of the Redevelopment Authority relative to the
lease of space at 41 West 8th Avenue, in accordance with the attached memorandum from
Community Development Director Jackson Kinney.
City of Oshkosh - Department of Community Development
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ON THE WATER
215 Church Avenue Oshkosh, WI 54901 (920) 236-5055
(920) 236-5053 fax
MEM 0 RAND UM
TO:
Richard Wollangk, City Ma ager
Common Council
FROM:
DATE:
December
RE:
Short Term Lease Agreement/41 W. 8th Avenue
The Redevelopment Authority, at a special meeting on Wednesday, December 7th, authorized the
authority to enter into a short-tenn lease with Baldor Electric for use of warehousing space
within the fonner Miles Kimball complex at 41 W. 8th Avenue.
In entertaining the request for the lease, the City/RDA is responding to a request that was made
by CHAMCO on behalf of Baldor. Baldor is apparently in need of short tenn warehousing space
that cannot be addressed in their plant facility in the Aviation Industrial Park.
Key Lease Provisions: The lease arrangement will be for a period of approximately 6 months.
The lease will apply to the first level, concrete floored portion ofthe premises, with occupancy
limited to cold storage warehousing only. The monthly rental fee will be $3,850, and the lessee
will not have the right to sublet or transfer the leasehold interest to any other entity. Baldor will
be required to maintain all necessary liability insurance, and to hold the RDA hannless relative to
their use of the premises.
City Attorney Warren Kraft has reviewed the lease agreement and found it acceptable.
Bids" will be solicited in January for demolition of structures in the complex, however, actual
demolition work would not be scheduled until this coming Summer, after Baldor vacates the
premises. Given that schedule the RDA felt it could accommodate CHAMCO'S request and meet
Baldor's immediate need for warehousing space and not have the arrangement interfere with
demolition plans. The monthly rental fee by Baldor will be utilized to cover costs associated with
maintenance of the structures until demolition work can occur.
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