Explanation
Background: This ordinance authorizes the expenditure of $750,500.00 to make payments to Jones Lang LaSalle Americas, Inc. (JLL), for a building maintenance services contract covering all building operation expenses, except utilities, for 1111 East Broad Street, now known as the Jerry Hammond Center. The City assumed the JLL contract for building maintenance services pursuant to the terms of the purchase agreement for the 1111 E. Broad property authorized by City Council Ordinance 1005-2006, passed June 8, 2006. At the time of the City's purchase, the JLL maintenance services contract had a term of five years remaining. This authorization is for the second year of that five year remaining term. The original purchase order for Jones Lang LaSalle Americas, Inc. was authorized by Ordinance 0131-2007, passed February 14, 2007.
Emergency action is requested to ensure that daily building services continue uninterrupted.
Fiscal Impact: This ordinance authorizes the expenditure of $750,500.00 with Jones Lang LaSalle Americas, Inc. The amount approved in 2007 was $750,500.00.
Jones Lang LaSalle Americas, Inc. Contract Compliance Number is 36-4160760, exp. 12/11/2008.
Title
To authorize the expenditure of $750,500.00 from the 1111 East Broad Street Operations Fund to make payments to Jones Lang LaSalle Americas, Inc. for the second year of a building maintenance services contract assumed pursuant to the purchase agreement for the Jerry Hammond Center, and to declare an emergency. ($750,500.00).
Body
WHEREAS, it is necessary to authorize the expenditure of $750,500.00 from the 1111 East Broad Street Operations Fund in order to provide payments to Jones Lang LaSalle Americas, Inc. for the second year of a five-year term for a building maintenance services contract covering building operation expenses, except utilities, assumed by the City pursuant to the purchase agreement for 1111 East Broad Street, now known as the Je...
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