Mohave Valley Library Lease

The Mohave Valley Library Lease is a contract between the Mohave County Library District and David Kelley for the lease of a library building located at 5902 Highway 95, #102, Fort Mohave, AZ 86426. The lease is for a term of 2 years, with options for renewal. The monthly lease rate is $1,890.00, with a 5% increase in rent for the first renewal option and a 3% increase for the second renewal option. The contract also includes funding for moving costs and tenant improvements. The key points of this contract include: • Lease term: 2 years with options for renewal • Monthly lease rate: $1,890.00 • Rent increase: 5% for the first renewal option and 3% for the second renewal option • Moving costs: $7,500.00 • Tenant improvements: $27,750.00 • Funding source: FY22 Board approved Library Building Fund 81878100 - 48000