West Side Market to allow alcohol sales under Cleveland mayor’s plan that seeks rent caps, more flexibility for vendors

  • 📰 clevelanddotcom
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Canada News News

The plan, which would require council’s approval before going into effect, is intended to drive down the growing number of vacant stalls at the Ohio City market.

Shoppers inside the West Side Market in Cleveland, OH, Monday, January 6, 2020. Marvin Fong, The Plain Dealer The Plain DealerCLEVELAND, Ohio -- Mayor Justin Bibb intends to introduce legislation to City Council Monday aimed at improving the West Side Market by allowing alcohol sales, capping rent increases for vendors, and allowing new types of vendor leases.

*Allow longer-term leases with vendors. Right now, vendor leases can only last one year, “which prevents some businesses from securing financing and is a disincentive for those who may want to invest in their space,” according to Bibb’s release. The new plan would allow the city to enter into three-year leases, with an option to renew for another three years.

Further, Ohio City Inc. and the city could continue collecting donations “to be spent on programs benefiting the West Side Market including marketing, establishing new revenue-generating activities at and near the West Side Market, and facilitating long-term planning for the West Side Market,” the release said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 301. in CA

Canada Canada Latest News, Canada Canada Headlines