Good Morning,

We currently have a Policy to deal with Municipal Leases which describes the lease rate to be determined by an assessor and based on Fair Market Value.
However, we are finding that this isn’t really working, because typically one would lease a parcel/property for less than what they would buy it for.

I am wondering if any of you have an existing lease policy or information on how you deal with determining the lease rates (commercial/recreational/industrial type uses are the most popular ones we have lease agreements for.

My email is: diane.cloutier@laclabichecounty.com.

Thank you in advance,
Diane