Fiscal Note
Funding for the lease is included in the 2016 Adopted Budget.
Title
Authorizing the execution of a lease between the City of Madison and the Community Development Authority of the City of Madison for space within the lower level of The Village on Park to be used by the City’s Employee Assistance Program group.
Body
WHEREAS, the Community Development Authority of the City of Madison (the “CDA”) is the owner of The Village on Park, located at 2300 South Park Street; and
WHEREAS, the CDA and the City of Madison (“Lessee”) have negotiated the below terms and conditions to the lease (the “Lease”) which provides for office space located in Suite 111 at The Village on Park. The CDA Board approved the below terms on November 19, 2015 via CDA Resolution 4155.
NOW THEREFORE BE IT RESOLVED that the Mayor and City Clerk are hereby authorized to execute on behalf of the City (“Lessee”) a lease (the “Lease”) with the Community Development Authority of the City of Madison (“CDA”) as the lessor at the Village on Park on the following terms and conditions:
WHEREAS, the Community Development Authority of the City of Madison (the “CDA”) is the owner of The Village on Park, located at 2300 South Park Street; and
WHEREAS, the CDA and the City of Madison (“Lessee”) have negotiated the below terms and conditions to the lease (the “Lease”) which provides for office space located in Suite 111 at The Village on Park. The CDA Board approved the below terms on November 19, 2015 via CDA Resolution 4155.
NOW THEREFORE BE IT RESOLVED that the Mayor and City Clerk are hereby authorized to execute on behalf of the City (“Lessee”) a lease (the “Lease”) with the Community Development Authority of the City of Madison (“CDA”) as the lessor at the Village on Park on the following terms and conditions:
1. Leased Premises: Roughly 885 square feet of rentable square feet in Suite 111 to be used as office space.
2. Use: Office space to be used by the Employee Assistance Program ...
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