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• <br /> • 17th to discuss the issue in more detail. The recommendations resulting from the <br /> September 17`' meeting will be brought to the EDA in October. <br /> Recommendation <br /> Staff recommends that the EDA consider the following options: <br /> • Consider a six-month lease extension for Vertical Publishing to rent Suite 130 (1,041 <br /> SF) effective from September 15, 2002 to April 14, 2003 at the rate of$10.00 per SF <br /> ($3.00 paid in cash and$7.00 paid in stock). In addition,pay upfront or pay <br /> outstanding cash rent over time. <br /> • Pay outstanding rent in equal stock value. <br /> • Waive outstanding rent since the company did not actively occupy the space. <br /> • Deny the lease extension request and require payment of outstanding rent. <br />