Agenda - 06-21-1999 - 8r - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: June 21, 1999 Action Agenda Item No. $- r SUBJECT: Moody Building; Exercise of option to renew by Probation and Parole DEPARTMENT: Purchasing 8~ Central Services PUBLIC HEARING: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: Pam Jones extension 2652 Exercise of Option TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To consider approving the option to renew by Probation and Parole for space leased from the County at the Moody Building, 103 Laurel Avenue, Carrboro. BACKGROUND: The Probation and Parole Divisions of the State consolidated their southern Orange operations last year in space leased by the County at 103 Laurel Avenue. At the time the negotiations were carried out, it was unclear whether the building owner would sell or renew the lease with the County. Because of this uncertainty, the sublease with the State was timed to coincide with various decision points in the County lease. As the Board may recall, the owner of the property has since notified the County of his intention not to dispose of the building and the County has been able to negotiate a lease renewal through June 30, 2002. The sub lease with the State Probation and Parole included two opportunities to extend their lease for 6 months each. Since the ownership of the building has now been settled for the immediate future, the State wishes to exercise the first six-month option to renew, which will renew their lease through December 31, 1999. Highlights of the lease terms with the State are as follows: • Leased premises are approximately 1,236 square feet. • Lease rate is $14.50/square foot. • Lease rate includes full service to the building including all utilities, cleaning, grounds care and maintenance of the facility. • The State provides their own telephone service. • Parking is provided on site. • Term of lease renewal is through December 31, 1999. FINANCIAL IMPACT: The County shall receive $17,922 in rent from the State. RECOMMENDATION(S): The Manager recommends that the Board approve the lease renewals for space at 103 Laurel Ave. occupied by the State Probation and Parole; and authorize the Chair to sign on behalf of the Board.