Public Hearing: YES ☐ NO ☒ Department: Airport
SUBJECT:
Title
Commission District(s): 1 and 6
Standardized Office Space Agreement with Spencer Clark. There is no cost to the County.
Body
Information Contact: Hunter Hines, Interim Airport Director
Phone Number: 770.936.5440
PURPOSE:
To consider approval of a standardized two-year Office Space Agreement with Spencer Clark, effective May 1, 2025; and
To consider authorizing the Chief Executive Officer to execute the Agreement.
NEED/IMPACT:
The initial term of this lease is for two (2) years. The lease contains the provision of four (4) automatic two-year extensions. Each extension includes a rent increase of seven percent (7%), or an increase based on the consumer price index (CPI) whichever is greater.
For tenant to rent Office 2L at the Airport.
Rent is comprised of the actual monthly rental fee for the leased premises ($275.62), which includes Lessor’s provision of electricity.
Pending Governing Authority approval, the County Attorney will review the document for approval as to form.
FISCAL IMPACT:
This is a revenue generating lease agreement. There is no cost to the County.
RECOMMENDATION:
Recommended Action
To approve the resolution and authorize the Chief Executive Officer to execute all necessary documents...
Attachment: Lease Agreement with Spencer Clark for Office 2L