Council moves to end cooperative parking agreement with Ynot LLC after city purchase; dumpster use to be leased

The Two Rivers City Council voted to terminate the cooperative agreement dated Oct. 6, 2022, between the city and Ynot LLC that had governed use of adjacent parking spaces and a private dumpster next to the community house, contingent on the city’s completed purchase of the private lot.

Under the original agreement the city had designated 10 spaces in a private lot owned by Ynot LLC for city vehicle storage and allowed a dumpster for the adjacent brewery; in exchange Ynot’s lot included a public parking area. Council members said that, once the city acquires the private lot, the city will no longer be receiving the consideration described in the agreement and therefore end the contractual arrangement. The council directed that termination be effected by issuing the contractual default/notice provision at closing (a five-day cure/default window under the agreement).

The council also directed staff to negotiate a lease for the dumpster location on city property if Ynot wishes to continue keeping it there, with terms aligned with standard city practice for leasing parking/dumpster spaces (a modest annual/periodic fee). Council asked that the lease include service-time provisions and limits consistent with other municipal agreements (trash servicing hours and site maintenance). The council left the question of long-term parking rules for the community-house lot to be addressed separately as a policy decision.

Action: Council voted to terminate the cooperative agreement after closing on the city purchase of the lot and to offer a lease for the dumpster site consistent with other city leases; the motion passed on roll call.