2027 Office Space Lease Agreements
Summary
The city's 2027 leases for office space at City Hall, the City Hall Annex and the Safety Building were up for approval. The leases bring in roughly $260,000 a year in rental revenue. Action was postponed when the meeting was cancelled.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 27, 2026.
Impact analysis
The leases would generate about $260,054 in annual revenue for the city.
City operations and tenants renting city-owned office space benefit from the lease arrangements.
Taxpayers could be negatively affected if acquisition and holding costs exceed the public benefit or if the site remains vacant.
Mentions & discussions (2)
Public Works and Services Committee Meeting has been cancelled — October 27, 2026
The city's 2027 leases for office space at City Hall, the City Hall Annex and the Safety Building were up for approval. The leases bring in roughly $260,000 a year in rental revenue. Action was postponed when the meeting was cancelled.
City of Racine purchases long-vacant YMCA building on lakefront - BizTimes
City of Racine purchases long-vacant YMCA building on lakefront BizTimes - Milwaukee Business News
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