Explanation
BACKGROUND: The Division of Police has occupied space in the Jaeger Commerce Center, at 560 Nationwide Boulevard, since 1996. The current lease expires on May 7, 2008. The Police units occupying this space are targeted to move to new facilities which will not be available for occupancy until summer of 2008. This ordinance authorizes the Director of the Department of Finance and Management Department to execute those documents necessary to enter into a short term three month lease agreement with a three month renewal option, on behalf of the Division of Police, to continue to occupy 24,000 square feet at 560 Nationwide Boulevard; to approve the expenditure of $29,100 from the Special Income Tax Fund; and, to declare an emergency.
Emergency action is requested to provide funding to coincide with the beginning date for the lease renewal.
Fiscal Impact: This ordinance authorizes the expenditure of $29,100 from the Special Income Tax Fund appropriated through Ordinance 0075-2008, passed February 11, 2008 to Jaeger Commerce Park Ltd. Partnership Contract Compliance Number 31-1244129, expiration date 02/01/2009.
Title
To authorize the Director of the Department of Finance and Management to enter into a short term three month lease agreement, with a three month renewal option, with Jaeger Commerce Park Ltd. Partnership to continue occupancy in 24,000 square feet by the Department of Public Safety; to authorize the expenditure of $29,100 from the Special Income Tax Fund; and to declare an emergency.
Body
WHEREAS, the Finance and Management Department, Office of Real Estate Management, has the responsibility for managing various leases for General Fund agencies, and
WHEREAS, the Departments of Public Safety and Development request the execution of this lease, and
WHEREAS, an emergency exists in the usual daily operation of the Finance and Management Department, Office of Real Estate Management, in that it is immediately ne...
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