Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Solicitation of Sealed Bids Purpose: Solicit & Receive Sealed bids for leasing of vacant City-owned property for non-residential purposes List of Property: (if applicable) (Address/Block/Lot/Ward) 165 and 167 Vermont Avenue/Block 4046 /Lots 5 and 6 /West Ward Lease Term: One (1) year with an option to renew annually for five (5) one (1) year terms Additional Information: Minimum Annual Bid is $ 6,528.00