BRIEF DESCRIPTION OF AGENDA ITEM AND REQUESTED BOARD ACTION: Discussion/approval/disapproval of Lease agreement between Pinal County (Lessor) and Lucid USA, INC., (Lessee) for space at the Pinal Air Park (Premises) for the limited testing of storing, development, research, monitoring and evaluation of electric motor vehicles and the component parts thereof, including battery packs and systems, electronics and other vehicle systems and parts. Term of the lease is 5 years with an option to renew 2 additional terms of 3 years each. Supervisor District #4. (GA23-029) (Celeste Garza/Joe Ortiz)
BRIEF DESCRIPTION OF THE FISCAL CONSIDERATIONS AND/OR EXPECTED FISCAL IMPACT OF THIS AGENDA ITEM: There are no expected fiscal considerations or impacts associated with this agenda item.
BRIEF DESCRIPTION OF THE EXPECTED PERFORMANCE IMPACT OF THIS AGENDA ITEM: There are no expected performance impacts associated with this agenda item.
MOTION:
Approved as presented.
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