City approves lease to keep business on Main Street
by Bailey Richards
The Hazard City Commission met Monday evening and approved a ground lease agreement that will keep a long standing business in Hazard.
Rumors have circulated for a while that the McDonald’s on Main Street would close or move some time in the next few years, however, they just signed a new lease agreement with the city to extend their stay on Main Street at least until 2018, with the option to extend after the lease is up.
Another building on Main Street, the Gorman Center, will be changing hands after the commission voted to allow the president of the Hazard public improvement corporation to sell the building which currently houses the post office and legislative offices. Jimmy Lindon, who is also a city commissioner, abstained from the vote since he was the person approved to handle the sale.
According to discussion in the meeting, the building had been losing money and the organizations charged with running it had agreed to sell the property. Since 1994, the Public Improvement Corporation and the Hazard Independent College Foundation have been the deed holders on the property.
An agreement was reached by these entities and the Appalachian Land and Leasing Company, and the property will be signed over to them.
The city commissioners also agreed to a lease with Hazard Independent Schools for the tennis courts at the Pavilion. While they have had a lease agreement for this space for several years, it was important to move forward with agreeing to a new lease as soon as possible since the school was looking to make improvements to the courts for this upcoming season.
According to City Manager Carlos Combs, school district officials said that the courts were slick and they were raising money to resurface them.
“To sign a lease is the only way to make it legal for them to put money where they don’t own it,” said Combs. “They want to approve a lease so they can put four of five thousand dollars into the courts at the Pavilion.”
Officials have signed leases in the past, but a new lease is being drawn up to allow for these improvements.
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