Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a Lease Agreement with WINMAR Corporation, for office space located at 125 Lisle Industrial Ave. for a three-year period, for the Div. of Water Quality, at a cost not to exceed $403,366.65 per year, subject to sufficient funds being appropriated in future Fiscal Years. [Div. of Water Quality, Martin]
Summary
Authorization to extend the lease with WINMAR Corporation for Division of Water Quality office space located at 125 Lisle Industrial Ave. This extended lease would begin 2/1/2016 and terminate on 1/31/2019 at which time the optional extensions are available. The lease rate is $15.85/sq. ft., an increase of .10/sq. ft. over the current lease rate. Funds are budgeted. (L1284-15)(Martin/Holmes)
Budgetary Implications: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted: Yes
Account Number: 4002-303401-3401-71302
This Fiscal Year Impact: $168,070.00
Annual Impact: $403,366.65
Project:
Activity:
Budget Reference: 2016
Current Balance: $336,633.46
Body
{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}