ADOPTED -JANUARY 27, 2009 Agenda Item No. 16
Introduced by the County Services and Finance Committees of the:
INGHAM COUNTY BOARD OF COMMISSIONERS
RESOLUTION AUTHORIZING ENTERING INTO A LEASE AGREEMENT WITH THE AGRICULTURAL PRESERVATION BOARD FOR USE OF OFFICE SPACE IN THE ECONOMIC DEVELOPMENT OFFICE AT THE HILLIARD BUILDING
RESOLUTION #09-004
WHEREAS, the Agricultural Preservation Board has requested to lease space at the Ingham County Hilliard Building for the purpose of having a local location to perform their job functions; and
WHEREAS, the County has identified a 132 square feet of space that can be utilized for this purpose; and
WHEREAS, the lease rate for the square footage would be charged at a rate of $12.00 per square foot and charged as follows:
132 square feet Lease Rate Annual Monthly Payment
01/12/09-01/11/10 $12.00 sq. ft. $1,584.00 $132.00
*Escalation of rent for subsequent years will be 3%, based on a five-year lease.
WHEREAS, the lease would begin on January 12, 2009, and continue with a 3% cost increase for five (5) consecutive years.
THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners authorizes entering into a lease Agreement with the Agricultural Preservation Board, for leasing space in the amount of 132 square feet at the Ingham County Hilliard Building, 121 East Maple Street, Mason, Michigan, to be charged at the rate of $12.00 per square foot, for a total cost of $1,584.00 for the first year, with a 3% cost increase each year for a five-year lease.
BE IT FURTHER RESOLVED, that the Ingham County Board of Commissioners authorizes the Board Chairperson and County Clerk to sign any documents necessary to implement this resolution upon approval as to form by the County Attorney.
COUNTY SERVICES: Yeas: Celentino, Koenig, Holman, Copedge, Grebner, Vickers
Nays: None Absent: None Approved 1/20/09
FINANCE: Yeas: Grebner, Bahar-Cook, Tennis, Davis, Dougan
Nays: None Absent: Nolan Approved 1/21/09