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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: December 3, 2007 <br />Action Agenda <br />Item No. q- - f'1 <br />SUBJECT: Lease Renewal: 501 W. Franklin Street, Suite #105 <br />DEPARTMENT: Purchasing and Central PUBLIC HEARING: (YIN) No <br />Services <br />ATTACHMENT(S): INFORMATION CONTACT: <br />Pam Jones (919) 245-2652 <br />Lease Renewal/Terradotta.com, Inc. <br />PURPOSE: To consider approving a lease renewal with Terradotta.com, asoftware consulting <br />firm, for space at 501 W. Franklin Street commencing on December 3, 2007 through December <br />2, 2008. <br />BACKGROUND: A software consulting firm, Terradotta.Com, has leased Suite 105 at 501 W. <br />Franklin Street since December 2, 2002. The tenant wishes to renew the lease for one <br />additional year. The current lease of $725 per month is recommended to increase to $800 per <br />month. The tenant would continue to pay for all utilities, cleaning and interior maintenance of <br />the space. <br />No further modifications to the original lease are suggested. <br />FINANCIAL IMPACT: The County would receive $9,600 in rent as a result of this action. <br />RECOMMENDATION(S): The Manager recommends that the Board approve the lease renewal <br />as presented for Terradotta.com for the term December 3, 2007 through December 2, 2008 for <br />a monthly rental fee of $800; and authorize the Chair to sign on behalf of the Board. <br />