Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Agenda <br /> Item No. , -F <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: October 4, 1993 <br /> SUBJECT: LEASE RENEWAL; CARR MILL MALL HEALTH CLINIC <br /> DEPARTMENT: PURCHASING AND CENTRAL SERVICES PUBLIC HEARING: YES: NO: y <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> LEASE RENEWAL <br /> PAM JONES, ext. 2650 <br /> Telephone Number- <br /> Hillsborough 732-8181 <br /> Chapel Hill 967-9251 <br /> Mebane 227-2031 <br /> Durham 688-7331 <br /> PURPOSE: To consider renewing a lease for space at Carr Mill Mall, the current location of the <br /> Health Department clinics for the southern portion of the County. <br /> BACKGROUND: The County has leased space for the Health facility at Carr Mill Mall since 1979. <br /> This facility will be relocated to the Southern Human Services Building on Homestead Road upon <br /> completion in early 1996. <br /> The existing terms and conditions would remain the same with the following cost adjustments: <br /> MONTHLY TOTAL ANNUAL %ANNUAL PER SQUARE <br /> BASE RENT RENTAL AMOUNT INCREASE FOOT RATE <br /> CURRENT $6,124 $73,488 $13.17 <br /> Nov 1, 1993--Oct 31, 1994 $6,319.25 $75,832.20 3.2% ± $13.59 <br /> Nov 1, 1995--Oct 31, 1995 $6,514.58 $78,174.96 3.1% ± $14.01 <br /> Nov 1, 1995--Jun 30, 1996 $6,719.25 $80,631.00 3.1% ± $14.45 <br /> Please note the following: <br /> • Rental Increases are based on current CPI and CPI as projected by the Orange County Economic <br /> Development Commission office. Regardless of the actual CPI, the County will pay rent in the <br /> amounts indicated under the column above titled, "TOTAL ANNUAL RENTAL AMOUNT". <br /> • Lease expiration is structured to coincide with the completion of the Southern Human Services <br /> Building. <br />