Title
Transportation Department recommending the Chairman be authorized to sign Amendment III to Lease Agreement 056-L0511 with The Lawrence Caso and Dianne Caso Revocable Trust to convert the lease to a month to month tenancy effective September 1, 2009 in the amount of $2,104.75 per month, with an annual increase per the Consumers Price Index for all Urban Consumer (CPI) San Francisco-Oakland-San Jose index or three (3%) percent, whichever amount is lower per the terms of the above referenced Lease Agreement.
Body
BUDGET SUMMARY: |
|
|
Total Estimated Cost |
|
$21,047.50 |
Funding |
|
|
Budgeted |
$21,047.50 |
|
New Funding |
$ |
|
Savings |
$ |
|
Other |
$ |
|
Total Funding Available |
$21,047.50 |
|
Change To Net County Cost |
|
$ 0 |
Fiscal Impact/Change to Net County Cost: The District Attorney's office has included funds for this lease in the FY 2009/2010 budget request.
Background:
The Victim Witness and MDIC programs have been leasing this space since 2004.
Reason for Recommendation:
The El Dorado County District Attorney's office has requested an Amendment III to Lease Agreement #056-L0511 for 550 Main Street, Suite H, Placerville, CA 95667. This amendment will convert the agreement to a month to month lease with the County's ability to terminate the lease by providing lessor Lawrence Caso and Dianne Caso Revocable Trust with a 30-day written notice of intent to vacate the property. The amendment also provides the Lessor the right to terminate the lease with the tenant, El Dorado County Victim Witness and MDIC, by giving a 30-day written notice.
Action to be taken following Board approval:
1. Chairman will sign Amendment III.
2. Board Clerk will forward the fully executed Amendment to the Real Property Services unit, Facilities Engineering Division of DOT.
Contact:
James W. Ware P.E.
Director of Transportation
Concurrence: County Counsel and Risk Management