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To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute a Lease of Property between the City of Richmond, as lessor, and People Cycle, Inc., as lessee, for the purpose of leasing to People Cycle, Inc., a certain portion of the City-owned property located at 3011 Water Street. (7th District)
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That the Chief Administrative Officer, for and on behalf of the City of Richmond, be and is hereby authorized to execute a Lease of Property between City of Richmond, as lessor, and People Cycle, Inc., as lessee, for the purpose of leasing to People Cycle, Inc., a certain portion of the City-owned property located at 3011 Water Street. The Lease of Property shall be approved as to form by the City Attorney and shall be substantially in the form of the document attached to this ordinance.
§ 2. This ordinance shall be in force and effect upon adoption.