Agenda - 06-05-2001-8y - Laserfiche WebLink

Browse Search

~~ ~ ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: June 5, 2001 Action Age a Item No. y SUBJECT: Lease Renewal: Brokers a Resources, 501 W. Franklin Street -Suite 105 DEPARTMENT: Purchasing & Central Services PUBLIC HEARING: (Y/N) No ATTACHMENT(S): Lease Renewal INFORMATION CONTACT: Pam Jones, 245-2652 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To consider renewing a lease through June 30, 2002 for Suite 105 at 501 West Franklin Street, Chapel Hill, NC to Brokerage Resources, Inc. BACKGROUND: The County has leased Suite 105 at 501 W. Franklin Street to Brokerage Resources, Inc. since July 1, 2000. Brokerage Resources desires to renew the lease for an additional year, through June 30, 2002. As the Board has previously suggested, County staff routinely checks any requests for space submitted by non- profit agencies prior to renewing or executing new leases for property at this location. There is na such request pending at this time. The terms of the lease renewal as follows: • Lease term to commence July 1, 2001 through 12:00 midnight June 30, 2002; • Lease amount : $1,140.00 per month • Taxes-in-lieu of $100 per month. • Tenant is allowed to park on site as part of lease. Parking to be in common with other tenants; no dedicated spaces. • Tenant to pay all utilities; • Tenant to maintain building interior, including cleaning; • County will provide maintenance to the exterior of the building, parking lot, etc. FINANCIAL IMPACT: County shall receive $13,680 per year for the leased space, plus taxes-in-lieu of $1,200 per year. RECOMMENDATION(S): The Manager recommends that the Board approve aone- yearlease for Suite 105 at 501 W. Franklin Street, commencing July 1, 2001 through June 30, 2002 with Brokerage Resources, Inc., for a rental amount of $13,680 per year, plus taxes-in-lieu of $1,200 per year; and authorize the Chair to sign on behalf of the Board.