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County Administrator's Report 16. 3.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	12/11/2014
Issue: First Renewal of Lease Agreement between Escambia County and Artel, Inc.
From:	David Wheeler
Department:	Facilities Management
CAO Approval:

RECOMMENDATION:

Recommendation Concerning the First Renewal of Lease Agreement between Escambia County and Artel, Inc. - David W. Wheeler, CFM, Facilities Management Department Director

That the Board take the following action regarding the First Renewal of Lease Agreement between Escambia County and Artel, Inc.:

A. Approve the First Renewal of Lease Agreement between Escambia County and Artel Inc., for space on the first floor of the Old Escambia County Courthouse, located at 223 Palafox Place, Pensacola, Florida, for an additional five-year term, commencing on February 19, 2015; and

B. Authorize the Chairman to sign the Renewal of Lease Agreement.

[Funding: Lessee shall pay the County rent in the amount of $1.00 per year for the renewal term]

BACKGROUND:

On February 9, 2010 the Board approved a Lease Agreement with Artel, Inc. for the space on the first floor of the Old Escambia County Courthouse, located at 223 Palafox Place, Pensacola, Florida. Artel, Inc. requested to renew the lease for an additional five (5) year term.

BUDGETARY IMPACT:

Artel, Inc. will pay rent of One Dollar ($1.00) per year.

LEGAL CONSIDERATIONS/SIGN-OFF:

The Renewal of Lease was prepared by the County Attorney's Office and approved as to form and legal sufficiency.

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

Board policy requires the approval of the Board for lease agreements involving County-owned property.

IMPLEMENTATION/COORDINATION:

Signatures are required by both parties.

Attachments
First Renewal of Lease