Explanation
Background: A group known as the Franklin County Government Employees Fitness Facility, LLC, (FCGEFF), whose membership is comprised of certain Municipal Court and Franklin County employees currently occupies space in the Franklin County Hall of Justice (HOJ) that is used as a fitness facility. The pending renovation of the HOJ by Franklin County requires that the fitness facility be moved to a new location outside of County controlled space.
After many discussions and exploration of alternatives, it has been determined that an area in the basement of the office building located at 375 S. High Street, currently leased by the City for the Franklin County Municipal Court, and occupied by Franklin County, is the best alternative to serve as a temporary location for the FCGEFF. Franklin County has agreed to modify its occupancy of the space in the Municipal Court Building known as the “Landlord’s Reserved Premises” and to relocate from the designated area in the basement of the building to a similar sized space on the 15th Floor in order to allow for the sublease of that basement space by the City to the FCGEFF.
The relocation of Franklin County from the designated basement space to space on the 15th Floor requires that a certain Lease Agreement between the City and the Board of Commissioners of Franklin County, dated April 1, 2009, for the office building located at 375 S. High Street and occupied by the Franklin County Municipal Court, be amended to redefine the “Landlord’s Reserved Premises”.
The new sublease required for use of the basement space by the Franklin County Government Employees Fitness Facility, LLC will be at a rent rate of $5.00 per rentable square foot for a one-year term and will not include a renewal option. The sublease will include a right for the City to terminate the sublease with thirty (30) days written notice to FCGEFF.
This legislation authorizes the Director of Finance and Management to: 1) execute those documents ne...
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