Common Contracts
1 similar Lease Agreement contracts
MEMORANDUMLease Agreement • August 29th, 2017 • South Carolina
This Lease with SCPSA, effective September 5, 2017, upon approval by the City Commission, will continue through September 30, 2024, unless otherwise terminated or cancelled pursuant to the Agreement. The starting rate for each railcar is $100 per railcar for the first year of the Lease, with yearly rate adjustments thereafter, with a final rate of $175 per railcar in year six (6) of the Lease. The Lease may be terminated upon sixty (60) days prior notice of each annual renewal term.
