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Chamber Signs 20 Year Lease

January 28, 2011

The building that houses our office and visitor center is actually owned by the Town of Urbana. The Village of Hammondsport has a perpetual right to use the 1st floor. About 9 years ago we leased the Village’s 1st floor only for consecutive 5 year periods. In order to be more secure and to be able to renovate the building (2nd floor and exterior) we worked out a 20 year lease with both the Town of Urbana and Village of Hammondsport. The lease runs to 2030. Our lease payments may be building improvements so our arrangement benefits both the Chamber and the taxpayers that actually own the building.

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