DEPARTMENT MAKING REQUEST
Budget & Admin Services
Title
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Lease Agreement - JLJI PC, LLC & Charlotte County Utilities at 3280 Tamiami Trail, Suite 505, Port Charlotte
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REQUESTED MOTION/ACTION
recommendation
Recommended Action:
a) Approve Lease Agreement; and
b) Authorize the Chairman to sign Lease Agreement.
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budget
Budgeted Action:
No action needed. A 4th quarter budget amendment will be brought to the Board for approval if awarded. There is potential reimbursement of 90% by the Federal Emergency Management Agency (FEMA) with a Florida Division of Emergency Management (FDEM)reimbursement of 5% and a local match of 5%. The SB4A state program may cover the local share of 5% if they have funding available.
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BACKGROUND (Why is this Action Necessary, and What Action will be accomplished)
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Background:
Charlotte County Facilities have requested Real Estate Services to find space to lease on behalf of Charlotte County Utilities. Due to hurricane damages, the Harborview Road space was relocated to a temporary structure at the same site. Facilities and Charlotte County Utilities requested the desire to find a more suitable space for lease. The property at 3280 Tamiami Trail was identified and approved by Facilities and Charlotte County Utilities. The lease is for 15,000 square feet. It is a 3-year lease with 2 one-year options, the lease rate for year 1 will be $23.00 per square foot followed by subsequent 3% annual rate increases. The cost qualifies for FEMA reimbursement and is less than the current rental rate for the modular systems.
County Attorney’s Office, Charlotte County Utilities and Facilities staff have reviewed this request and recommend approval.
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