Title
General Services Department requesting authorization to exercise the first option to extend Lease Agreement 123-L0511 with Pacific States Development in the amount of $1,587.32 per month for an additional year commencing September 15, 2007 through September 14, 2008 for office space located at 981 Governor Drive in El Dorado Hills for the Sheriff's Department Outreach Station.
RECOMMENDED ACTION: Approve.
FUNDING: General Fund.
Body
BUDGET SUMMARY: |
|
|
Total Estimated Cost |
|
$14,285.88 |
|
|
|
Funding |
|
|
Budgeted |
$14,285.88 |
|
New Funding |
$ |
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Savings |
$ |
|
Other |
$ |
|
Total Funding Available |
$14,285.88 |
|
Change To Net County Cost |
|
$ |
Fiscal Impact/Change to Net County Cost: The Sheriff's Department has advised General Services that funds are included in their FY2007-08 budget request.
Background: The County of El Dorado has leased this facility since September 30, 1996 for the Sheriff's Department's Outreach.
Reason for Recommendation: The current facility lease agreement expires on September 14, 2007 and the Sheriff's Department has expressed their desire to exercise the option to extend the lease for an additional one (1) year terms commencing September 15, 2007 and ending on September 14, 2008. The lease amount is $1,587.32 per month at a cost of $1.58 per square foot.
Action to be taken following Board approval:Upon approval by the Board, General Services will forward the official notification to the Lessor.
Contact: George Sanders
Concurrences: County Counsel and Risk Management have approved the lease and a copy is on file in the Board Clerk's Office.