Fiscal Note
This resolution authorizes an amendment to the sublease between the City and the County of Dane ("County") providing for the relocation of the County's subleased premises within the SMHFC. The relocation of the County's subleased premises shall not result in a change to its percentage share of rent payable to the City under the terms of its sublease. This resolution also authorizes the use of additional space within the SMHFC by the Madison Public Library ("MPL"), retroactive to May 1, 2006 when the MPL began using Space 31 on a temporary basis. The MPL will move to Space 106 in April 2007. The use of additional space by the MPL results in an increase to its percentage share of rent payable to the City from 14% to 14.83%. The additional cost is $2,720 ($340 for 8 months) for 2006 and $4,260 ($355 for 12 months) in 2007. Funds are available in the Library's Operating Budget. The costs of connecting telephone and data services to Space 106 for the MPL are estimated at $200 - $500, and funds are available in Account No. UC15-54713-251000 (property management expense).
Title
Authorizing an amendment to the sublease with the County of Dane for space within the South Madison Health and Family Center ("SMHFC") and authorizing the use of additional space at the SMHFC by the Madison Public Library.
Body
WHEREAS, the City of Madison is the lessee of approximately 36,500 square feet of space within the Villager Mall for the South Madison Health and Family Center ("SMHFC"); and
WHEREAS, the City currently subleases to the County of Dane approximately 468 rentable square feet of space within Space 2 of the SMHFC, as depicted on attached Exhibit A; and
WHEREAS, the initial term of the County's sublease expired on October 31, 2005 and the County has remained in occupancy of its subleased premises as a hold-over tenant, with the consent of the City; and
WHEREAS, the County desires to relocate its subleased space from Space 2 to Spaces 31, 32 and 33,...
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