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Lease Agreement - State of North Carolina, Department of Public Safety - DJJ (Juvenile Justice) for Office Space at 604 Lancaster Avenue
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INFORMATION CONTACT:
Christopher J. Boyd, Facilities and Fleet Management, Director, 704-283-3868
ACTION REQUESTED:
Authorize the County Manager to 1) negotiate and execute an agreement substantially consistent with this agenda item, 2) exercise any renewal or extension term options set forth in the Agreement, and 3) terminate the Agreement if deemed in the best interest of the County, each in the County Manager’s discretion.
PRIOR BOARD ACTIONS:
November 5, 2018, Regular Meeting, Agenda Item # 8 - Board authorized lease contract #5610
BACKGROUND:
Union County has provided office space, located at 604 Lancaster Avenue in Monroe, through a lease to the NC Department of Juvenile Justice since 2018. The County currently leases the property from Raymond Smith at a cost of $85,971.00 per annum and will sub-lease the property to the North Carolina Department of Juvenile Justice for $1 per annum.
The current sub-lease with the North Carolina Department of Adult Correction expires on June 30, 2024. This request is to approve a new two (2) year lease with the following conditions and terms:
Being approximately 10,300 net square feet of office space located at 604 Lancaster Avenue; Union County; Monroe, North Carolina, and further described in the floor plan, Exhibit “A” (attached). The term of this lease shall be for a period of two (2) years, commencing on 1st day of July 2024, or as soon thereafter as the leased premises are ceded to the Lessee and terminating on the 31st day of May 2026. During the term of the lease, the Lessee shall pay to the Lessor as rental for said premises the sum of $1.00 dollar per annum.
FINANCIAL IMPACT:
The County currently leases the property at a cost of $85,971.00 per annum and will receive $1 per annum from this sub lease to the North Carolina Department of Juvenile Justice.