The Huron City Commission approved a lease agreement between the City of Huron and a new entity entitled Central Park L-L-C…
Mayor Dave McGirr says Central Park L-L-C as a requirement of the special financing being used to build the multi-million dollar aquatic park/community center project…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/01/centralparklease2.mp3|titles=centralparklease2]The 39-page lease also contains some prohibited uses for the property including renting space for permanent bars and multiple adult-oriented endeavours. Alcohol will be allowed for special events, by way of special event alcohol licenses, such as for a wedding reception. The Commission also approved a “put and call” agreement with U-S Bankcorp….
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/01/centralparklease3.mp3|titles=centralparklease3]Closing on the financing is set for Wednesday with an alternate day of next Tuesday pending any issues with environmental reviews, lien releases or title work. A contract for construction will be signed with the lease agreement opening the door for work on Central Park to begin in the Spring.