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Public Works <br />Maintenance Division <br />City of Eugene <br />1820 Roosevelt Blvd. <br />Eugene, Oregon 97402 <br />MIEMORANDUM (541) 682-4800 <br />(541) 682-4882 FAX <br />www.ci.eugene.or.us <br />Date: June 15, 2009 <br />To: Kurt Corey, Public Works Director <br />From: Jackie Hallett, PW Planning Supervisor <br />Subject: New Commercial Lease Agreement between City of Eugene and Specialty Panel <br />Products USA, Inc. <br />The City of Eugene purchased the property at 77 Garfield Street in March of 2004 for future <br />development and expansion of the Public Works Roosevelt Yard Facility. With the purchase, <br />the City inherited existing tenant leases. The current tenants are G Group, LLC and Specialty <br />Panel Products USA, Inc. <br />In March of 2006, Specialty Panel Products extended their commercial lease agreement with <br />the City of Eugene. The lease agreement expired on February 29, 2009. This new commer, <br />lease agreement extends the current lease with Specialty Panel Products USA, Inc. for one y <br />through February 28, 2010 but has a renewal term of two additional one-year extensions. Th <br />is no significant change in lease terms besides the expiration date. <br />If you have additional questions about this lease or the property at 77 Garfield Street, please <br />feel free to contact me. <br />