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Agenda - 05-18-2021; 8-j - Renewal of Lease for 115 E. King Street
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Agenda - 05-18-2021; 8-j - Renewal of Lease for 115 E. King Street
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5/18/2021
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Business
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Agenda
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8-j
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Agenda for May 18, 2021 Board Meeting
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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: May 18, 2021 <br /> Action Agenda <br /> Item No. 8-j <br /> SUBJECT: Renewal of Lease for 115 E. King Street <br /> DEPARTMENT: Asset Management Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1.) Lease Amendment Steve Arndt, 919-245-2658 <br /> 2.) Original Lease Alan Dorman, 919-245-2627 <br /> PURPOSE: To review an amendment to the lease for 115 E. King Street to house the Public <br /> Defender's Office, extending its terms for another three years, and authorize the Manager to sign <br /> upon final review by the County Attorney. <br /> BACKGROUND: The County originally leased 115 E. King Street in October of 2019 for the <br /> Public Defender's Office, whose offices had been located in the John M. Link, Jr. Government <br /> Services Center. The original lease was for 18 months. This amendment will extend the lease <br /> term for another three years, ending May 31, 2024. The cost for the lease in the first year is <br /> $50,286 and includes a 3% escalation in years 2 and 3 of the term. <br /> FINANCIAL IMPACT: The cost of the lease in FY 2021-22 will be $50,411.and has been included <br /> in the FY 2021-22 Manager's recommended budget. <br /> SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated <br /> with this item. <br /> ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal <br /> impact associated with this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board review an amendment to <br /> the lease for 115 E. King Street, extending its terms for another three years, and authorizing the <br /> Manager to sign upon final review by the County Attorney. <br />
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