Explanation
BACKGROUND: The Department of Public Safety desires to lease the property located at 285 East Main Street from Franklin University to accommodate the needed relocation of Precinct 16 and Community Response Team (CRT) 5 at 333 West Town Street. In addition to the Precinct and CRT, the Crime Gun Intelligence Center (CGIC) will use the facility, currently located in the State of Ohio Facility at 1970. There has been an ongoing desire by the City to vacate the Franklinton property at 333 West Town Street to better utilize that real estate. The lease agreement would be for 22,896 +/- square feet of office space and the associated parking. The required renovation needed to the facility will be borne by the Landlord and amortized into the annual rent, to be $472,115.52 annually for the first five (5) years.
This ordinance authorizes the Director of Development, or authorized signatory, and the Director of Public Safety to enter into a new lease agreement for ten (10) consecutive one-year terms with Franklin University and authorizes the appropriation and expenditure of $472,115.52, or so much thereof as may be needed, from within the Income Tax Set Aside Fund for payment of rent per the terms of the lease agreement.
Fiscal Impact: This ordinance authorizes the appropriation and expenditure of $472,115.52, or so much thereof as may be needed, from the Income Tax Set Aside Fund for payment of rent associated with the lease at 285 East Main Street, Columbus, Ohio. $472,115.52 is budgeted within the 2026 Income Tax Set Aside Fund for the Department of Public Safety to pay rent for this leased office space.
Emergency Action: Emergency action is requested to allow for the immediate execution of the new lease agreement which will allow for the Landlord to commence Tenant related build-out of the space immediately thereafter and establish the earliest possible occupancy by City.
Title
To authorize the Director of the Department of Development, or autho...
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