Fiscal Note
Rent expenditures during the first year of the contract will be $58,313.20 (representing a cost of $15.95 per square foot), and will increase by 3% in subsequent years. Funds are available in the 2009 Public Health Operating Budget.
Title
Authorizing the Board of Health for Madison and Dane County on behalf of Public Health - Madison and Dane County to execute a lease with International Properties LLP for office space located at 2701 International Lane.
Body
WHEREAS, the sanitarians working in the Department of Public Health - Madison and Dane County (“PHMDC”) are currently working out of offices in both the City-County Building and the Northport Drive office; and
WHEREAS, it is desirable and will be beneficial to the Environmental Health programs for the sanitarians to be housed in the same location, but no such space is currently available in either a City or County-owned building; and
WHEREAS, the Office of Real Estate Services and PHMDC staff have located available rental office space at 2701 International Lane that meets PHMDC’s needs; and
WHEREAS, the terms of a lease have been negotiated with the owner, International Properties LLP.
NOW, THEREFORE, BE IT RESOLVED that the Board of Health for Madison and Dane County on behalf of Public Health - Madison and Dane County (the “Lessee”) is authorized to enter into a lease (the “Lease”) with International Properties LLP (the “Lessor”), subject to the following terms and conditions:
1. The Leased Premises shall be Suite 204-205 of the commercial building located at 2701 International Lane, Madison, Wisconsin (the “Building”), consisting of approximately 3,656 square feet, together with the nonexclusive use in common with others entitled thereto of certain common areas.
2. The Lease shall be for a term of two (2) years, commencing on January 1, 2009 (the “Effective Date”) and expiring on December 31, 2010.
3. The Lessee shall pay to the Lessor rent for the Leased Premises at the rates set fo...
Click here for full text