Downey
City Council
Agenda Item 5
5. APPROVAL OF AN AGREEMENT TO LEASE 12140 BELLFLOWER BOULEVARD FOR THE\nREFURBISHMENT OF THE SPACE SHUTTLE INSPIRATION MOCK-UP: Economic Development.\n2\nTHAT THE CITY COUNCIL:\n1) APPROVE A LEASE AGREEMENT WITH DOWNEY LAND LIMITED FOR A TWO-YEAR\nTERM BEGINNING SEPTEMBER 10, 2024 FOR THE LEASE OF 12140 BELLFLOWER\nBOULEVARD FOR THE REFURBISHMENT OF THE SPACE SHUTTLE INSPIRATION\nMOCK-UP FOR A TOTAL LEASE AMOUNT OF $96,000 ($48,000) PER YEAR; AND,\n2) AUTHORIZE THE CITY MANAGER, OR HIS DESIGNEE, TO EXECUTE THE LEASE\nAGREEMENT AND AMENDMENTS AS NECCASSARY.