Subject:
Title
First Amendment to Lease Agreement with Barry L. Mears for the Clerk of the Circuit Courts Printing and Mail Services Location.
label
Recommended Action:
Recommended Action
Approval and execution by the County Administrator of the First Amendment to Lease Agreement (First Amendment) with Barry L. Mears (Landlord) for the Clerk of the Circuit Court Printing and Mail Services (Clerk’s Print Shop) warehouse located at 8585 Somerset Drive, Largo, Florida 33773.
Body
Strategic Plan:
Deliver First Class Services to the Public and Our Customers
5.1 Maximize partner relationships and public outreach
5.3 Ensure effective and efficient delivery of county services and support
Summary:
This First Amendment allows the Clerk’s Print Shop to continue uninterrupted operation of its printing and mail services at their current location. The First Amendment provides a five (5) year lease term extension and five (5) successive one (1) year renewal terms thereafter. Additionally, the Landlord will make requested repairs and modifications to the Clerk’s Print Shop at Landlord’s expense.
Background/Explanation:
The Lease Agreement for the Clerk’s Print Shop was a limited five (5) year agreement. At the time of the original lease, Real Estate Management was working on a plan to construct a centralized records management facility at the Public Safety Campus. Due to a lack of stakeholder consensus and insufficient capital funding, the plan was shelved. This First Amendment is required to continue the Clerk’s Print Shop activities without disruption at a market rate location.
Fiscal Impact:
The initial annual base rent will be $123,810.48 or $10,317.54 per month plus operating expenses. The rent shall increase by three percent (3%) on each subsequent anniversary.
Delegated Authority:
Authority for the County Administrator to sign this First Amendment to Lease Agreement is granted under Code Section 2-62(a)(2).
Staff Member Responsible:
Andrew W. Pupke, Director, Real Estate Management
Partners:
Clerk of the Circuit Court
Attachments:
First Amendment to Lease Agreement
Location Map
Lease Agreement