Lease
Contents
Current Lease (2024-2028)
Media:2023 i3 Lease signed.pdf
Old Leases (2019 - 2023)
The Story of Our Lease(s)
- 2010-02-02 - Notice to leave Royal oak by April 1st. Discussion of pricing and options====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20100202*
- 2010-02-16 - Discussion of more options of where to go====
- First mention of current space (wander and wordsworth, sic.)====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20100216*
- 2010-07-13 - Lease had been signed, needed to be scanned====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20100713
- 2011-02-03 - First noted discussion of leasing the neighboring space====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20110203
- 2011-07-19 - Discussion of leasing parts of next door, or some other option====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20110719
- 2011-09-13 - Reminder that rent goes up each year in April====
- Lease submitted to the State as part of Articles of Incorporation (including lease addendum for heaters)====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20110913
- 2012-01-08 - New lease needs to be negotiated====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20120108
- 2012-05-05 - Negotiated with landlord about leasing space in the next door office “i3 West.” Initial setup would require us to electrify the door, replace a window, and create a man gate for the fence. The lease would be month-to-month, with electricity costs to initially be 10% of the building’s usage.====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20120505
- 2012-07-03 - B Nektar moved in next door====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20120703*
- 2012-07-10 - Board agreed Eric M. had authority to enter into a lease for i3 West.====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20120710
- 2012-08-07 - The vote to approve spending for *i3 West* passed; the board of directors has granted authority to sign a lease. The Landlord has written up the lease, it will be signed. The door access situation still needs to be addressed, we are working on developing a system.====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20120807
- 2012-08-14 - Eric M. meeting with the landlord to get the lease. Trying to build a unified card system====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20120814
- 2012-11-13 - Note: Lease is up April 1st 2013. Negotiations need to happen to prevent rate increase. ====
- "B Nektar doesn’t seem to think they will be here past three years, it might be a good idea to stay in this space so we can expand to the open space next door when they move."====
- Discussion of dropping the whole "i3 West" thing, as it's not really coming together====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20121113
- 2013-01-08 - New lease needs to be negotiated====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20130108
- 2013-02-12 - Discussion of i3 West lease, specifically dropping it====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20130212
- 2013-04-09 - 5 year lease with a 1 year “out” we will pay $2130/mo this year. After first year, we will switch to the lower of the two: 5% or a CPI increase.====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20130409
- 2013-05-14 - Lease is completely signed and turned back into john.====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20130514
- 2014-05-13 - Full copy of the Lease?
- Roger has a copy, but has not passed it on to us yet.
- Roger was here when the landlord came to check on the building
- Rent is set up as a recurring payment
- Is there a way we can convince the landlord to communicate directly with the CEO?
- Justin has already passed on this request a few times====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20140513
- 2014-06-04 - Lease and other documents put in the BTSync Vault====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20140304
- 2014-06-10 - Justin T and Evan A - Get the copy of the lease from Roger====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20140610
- 2014-07-08 - Get the copy of the lease from Roger====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20140708
- 2014-08-12 - Terry put a copy of the un-signed lease on the i3 server and put the paper (but unsigned) copy in the filing cabinet.
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20140812
- 2016-03-01 - Someone stored motor oil in the flammables cabinet and it tipped over. Please do not store motor oil, transmission fluid, etc in the space. Our lease agreement does not allow this.====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20160301
- 2016-03-15 - Someone stored motor oil in the flammables cabinet and it tipped over. Please do not store motor oil, transmission fluid, etc in the space. Our lease agreement does not allow this.====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20160315
- 2017-05-09 - Lengthy discussion of getting the b. Nektar space. Charlie to arrange tour of space.====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20170509
- 2017-12-14 -Vivian is going to take over planning for the potential expansion once B. Nektar moves out; Our lease renewall is also coming up in a few months ====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20171214
- 2017-08-08 - Charlie has confirmed with the landlord that B. Nektar is moving out soon.====
He doesn't expect us to see a lease until the day before we take it over.
- 2018-01-02 - Further discussion Our existing lease comes up for renewal and we should make sure we have a backup plan in place.====
- We could could ask for Right of First Refusal of the space next door to be written into the new lease====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20180102
- 2018-02-13 - Joseph's Real Estate Analysis (and misc. disc.====
- He found a 16k lease-to-own for 45/mo====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20180213
- 2018-05-01 - The landlord has been hard to get a hold of and it's her impression, since its also time to sign a new lease and he hasn't pressed on that, that he's also waiting on next door to open up before we sign a new lease.====
- https://www.i3detroit.org/wiki/Minutes:Meeting_Minutes_20180501
- 2018-06-26 - Working with Charlie on Lease for existing space and B. Nektar space. Charlie has a good rapport with the landlord. He's OK with us being month-to-month and when B. Nektar is ready to move we'll sign a new lease Also please do not pester B. Nektar people about when they're planning to move. We don't need many uncoordinated points of contact.====
- https://www.i3detroit.org/wiki/Minutes:Board_Meeting_Minutes_20180626
- 2018-09-11 - Mysterious comments about landlord and building maintenance.
Information appears to exist that cannot be shared with the president or board. Would like to for a committee to investigate other places so we understand what our options are. Mel has a contact from a place in Royal Oak that is looking for industrial / warehouse in Royal Oak / Ferndale. Lew, state of current lease is indeterminate, want to avoid a situate of needing to move. Would recommend a commercial realtor. Paul should have a committee formed to investigate Art - look carefully before signing or entering any agreements in the commercial space.====
- Lease signed in December, 2018: Organization Structure#Current Lease
- 2023-12-12 - New lease for both sides
