Fiscal Note
No fiscal or budgetary impact.
Title
Authorizing the Mayor and City Clerk to execute a Fourth Amendment to Sublease pertaining to the City’s sublease of space to Dane County Parent Council, Inc. (a/k/a Head Start) within the South Madison Health & Family Center located within The Village on Park.
Body
WHEREAS, the Community Development Authority (“CDA”) owns The Village on Park (f/k/a the Villager) located at 2202-2328 South Park Street (the “VOP”); and
WHEREAS, the City of Madison (“City”) is the lessee of approximately 36,500 square feet of space within the VOP for the South Madison Health & Family Center (the “Premises”), pursuant to that certain lease with the CDA dated February 1, 1995; and
WHEREAS, pursuant to a Sublease dated November 3, 1995, as later amended, the City is subleasing approximately 12,357 square feet of rentable space (the “Subleased Premises”) located within the Premises to Dane County Parent Council, Inc. (“Head Start”); and
WHEREAS, the term of the Sublease is scheduled to expire on June 30, 2014; and
WHEREAS, Head Start desires to extend the term of its Sublease to June 30, 2015, and such extension is acceptable to CDA staff and the Office of Real Estate Services.
NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Clerk are hereby authorized to execute on behalf of the City, as the sublessor, a Fourth Amendment to Sublease with Dane County Parent Council, Inc. (“Head Start”) on the following terms and conditions:
1. The terms “Center” and “Villager” defined in and used throughout the Sublease shall be replaced with the term “The Village.”
2. Exhibit A to the Lease shall be deleted and replaced with attached Exhibit A (Revised 2012).
3. The term of the Sublease shall be extended to June 30, 2015.
4. The Maintenance provision of the Sublease shall be amended to provide that the City shall provide janitorial service for the Common Areas of the SMHFC and the Sublessee shall be solely responsible for janitorial ...
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