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File #: 09-1405    Version:
Type: Agenda Item Status: Approved
File created: 3/14/2012 In control: Board of Supervisors
On agenda: 3/8/2016 Final action: 3/8/2016
Title: Community Development Agency, Administration and Finance Division, recommending the Board consider the following; 1) Waive competitive bidding requirements for the construction of tenant improvements related to the lease of additional office space at 924 Emerald Bay Road, South Lake Tahoe, finding that competitive bidding would not produce a public benefit; and 2) Approve and authorize the Chair to sign Lease Agreement 124-L1611 with Emerald Bay Properties, LLC, in the amount of $4,536 per month commencing on April 1, 2016, and ending at the end of the month in which a Notice of Completion is recorded for tenant improvements, estimated to occur in July 2016, at which point rent will increase to $11,520 per month for twelve months, thereafter increasing by two percent annually, and ending after 120 months, for office space located on the second floor at 924 Emerald Bay Road, South Lake Tahoe, for staff in the Community Development Agency. FUNDING: Road Fund (49%) and General Fund (51%...
Attachments: 1. 7A - Blue Route Sheet 3-8-16, 2. 7B - Lease #124-L1611 3-8-16, 3. Email from CDA Staff 3-8-16 Added 3-15-16, 4. Executed Agreement 124-L1611 3-8-16, 5. 5A - Contract Routing Sheet 12-9-14, 6. 5B - Lease 260-L1511 12-9-14, 7. Executed Lease 12-9-14 item 4, 8. 4A - 379-L0211 Amend II Blue, 9. 4B - Lease Cost History, 10. 4C - Amendment II, 11. A - 379-L0211 Amend I Blue Route, 12. B - Draft 379-L0211 Amendment I, 13. C - 379-L0211 Exercise of Option, 14. D - 379-L0211 Concurrence to Exercise Option, 15. E - 379L0211 Lease Agreement Emerald Bay Ppty LLC, 16. F - 379-L0211 Vicinity Map
Title
Community Development Agency, Administration and Finance Division, recommending the Board consider the following;
1) Waive competitive bidding requirements for the construction of tenant improvements related to the lease of additional office space at 924 Emerald Bay Road, South Lake Tahoe, finding that competitive bidding would not produce a public benefit; and
2) Approve and authorize the Chair to sign Lease Agreement 124-L1611 with Emerald Bay Properties, LLC, in the amount of $4,536 per month commencing on April 1, 2016, and ending at the end of the month in which a Notice of Completion is recorded for tenant improvements, estimated to occur in July 2016, at which point rent will increase to $11,520 per month for twelve months, thereafter increasing by two percent annually, and ending after 120 months, for office space located on the second floor at 924 Emerald Bay Road, South Lake Tahoe, for staff in the Community Development Agency.

FUNDING: Road Fund (49%) and General Fund (51%). (Federal Funds)
Body
DEPARTMENT RECOMMENDATION
Community Development Agency, Administration and Finance Division, recommending the Board consider the following;
1) Waive competitive bidding requirements for the construction of tenant improvements related to the lease of additional office space at 924 Emerald Bay Road, South Lake Tahoe, finding that competitive bidding would not produce a public benefit; and
2) Approve and authorize the Chair to sign Lease Agreement 124-L1611 with Emerald Bay Properties, LLC, in the amount of $4,536 per month commencing on April 1, 2016, and ending at the end of the month in which a Notice of Completion is recorded for tenant improvements, estimated to occur in July 2016, at which point rent will increase to $11,520 per month for twelve months, thereafter increasing by two percent annually, and ending after 120 months, for office space located on the second floor at 924 Emerald Bay Road, South Lake Tahoe, for staff in the Community Develop...

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