Item:
Title
Lease Agreement Between Durham County and Thomas L. Hawkins
Body
Date of BOCC Meeting: April 8, 2019
Request for Board Action:
Agenda Text
The Board is requested to approve a Lease Agreement with Thomas L. Hawkins for office space and authorize the County Manager to execute the lease.
The Administration recommends the attached lease to secure approximately 4,500 square feet of office space to support the efficient and effective delivery of public services to the residents of Durham County. This is a five-year lease with.an annual cost of $49,131 for an effective lease rate of $10.92 per square foot. The rental rate remains the same for the five-year term, with no annual increase in the lease rate. The lease also includes the option of five additional one-year renewals if the county desires to extend the term of the lease. The lease agreement has been reviewed and approved by County Legal.
Alignment with Strategic Plan: This agenda item supports Goal 5: Accountable, Efficient and Visionary Government.
Resource Persons: Jane Korest, Open Space and Real Estate Division Manager; Nancy Mitchell, Sr. Real Estate Officer; Jodi Miller, General Manager
County Manager’s Recommendation: The County Manager recommends that the Board approve a Lease Agreement with Thomas L. Hawkins for additional office space for a five-year term and authorize the County Manager to execute the lease
Signature
County Manager: ____________________________