Agenda Item Name:
Title
Lease Agreement #13281 office space at the Seagle Building for the Environmental Protection Department in the amount of $11,866.67 monthly
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Presenter:
Steven Hofstetter 352.264.6800
Description:
One-year lease agreement #13281 for office space for the Alachua County Environmental Protection Department at the Seagle Building, 408 W. University Avenue with new owners.
Recommended Action:
Recommended Action
Adopt the resolution approving the one-year Lease Agreement #13281 (Exhibit A) for office space at the Seagle Building for the Environmental Protection Department and authorize the Chair to execute same on behalf of the County
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Prior Board Motions:
N/A
Fiscal Consideration:
Fiscal Consideration
Monthly rate for rented space is $11,866.67 per month, or $16.00 per square foot for approximated 8,900 sq. feet of space. Total annual lease $142,400.00. There are sufficient funds within the EPD budget to cover this expense.
This expense is being paid out of various EPD funds see attached breakdown
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Strategic Guide:
Choose an item.
Background:
The Alachua County Environmental Protection Department has been leasing space at the Seagle Building, 408 W. University Avenue, Gainesville, FL 32601 since 2011. With the expectation that the building was going to be sold, the county has been renting the space on a month-to-month basis. As of February 16, 2022, Gainesville Historic Properties, LLC purchases the real estate holdings within the Seagle Building from the Holbrook Group, Inc. This is a request to terminate the current month-to-month lease effective April 30, 2022 and approve the one-year lease agreement starting on May 1, 2022. The monthly rate is $11,866.67 per month, or $16.00 per square foot for approximated 8,900 sq. feet of space. The current lease rate is $10,409 per month.