SUBSTITUTE
Public Hearing: YES ☐ NO ☒ Department: Finance
SUBJECT:
Title
Commission District(s): All Districts
Approval of one-year lease extension amendment to the standard rental agreement, dated October 7, 2015, between DeKalb County Government and Cherians Real Estate, LLC. The amendment extends the lease through December 31, 2026, and increases the rental rate to $210,499.64 with an estimated utility cost of $27,000 totaling $237,499.64 for 2026
Body
Information Contact: Dianne McNabb
Phone Number: 404-371-2000
PURPOSE:
To extend the current Rental Agreement between DeKalb County Government and Cherians Real Estate, LLC. through December 31, 2026.
NEED/IMPACT:
The one-year lease extension is to allow WorkSource DeKalb to continue to operate out of the building located at 774 Jordan Lane, Decatur, Georgia 30033. The lease is currently set to terminate on December 31, 2025.
FISCAL IMPACT:
2026 Rental Rate: $210,499.64
2026 Estimated utility costs: $27,000
Total: 237,499.64
RECOMMENDATION:
Recommended Action
To approve the resolution and authorize the chief executive officer to execute all necessary documents for implementation of the lease amendment.