[Makerspace-keymembers] Info on Lease Renewal

[Barry Todd]

I am all for signing a two year lease in less there is some specific reason
why.  Thanks

Regards,



Barry Todd

The Computer Geek

(217) 898-6969



On Wed, Apr 9, 2014 at 8:46 AM, Emily Knox <emilyknox at gmail.com> wrote:

> Our lease has expired.  Durl sent me this info concerning renewal.  Let me
> know what you think.
>
> If Makerspace renews its lease for one year a 3% increase will be applied
> to its current monthly rent of $309, so it will be $318.54.  We can round
> that to $318 as far as I am concerned.
> If Makerspace should sign up for just a one year lease, there likely will
> be an increase in rent the following year.
>
> If Makerspace should choose to sign a two year lease, there would be a 3%
> increase this year, but a 0% increase in year two.
>
> The fifty dollar payback would continue through June, so your new rental
> total for the next three months would be $368 and reduce to $318 starting
> in July.
>
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>
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