Title
RESOLUTION AUTHORIZING AN AMENDMENT TO THE LEASE AGREEMENT (CONTRACT NO. 21469) WITH THE STATE AUDITOR FOR OFFICE SPACE IN CITY HALL EXTENDING THE TERM AND INCREASING THE RENT.
Body
CITY PROPOSAL:
RESOLVED, that the proper city officials are hereby authorized to enter into an amendment to an agreement with the state of Minnesota, department of administration, substantially in the form of the attached Amendment of Lease, for the lease of space for the state auditor in city hall extending the term through September 30, 2019, in the total amount of $64,275.84 to be deposited in Fund 110-121-1217-2150-4622 (general, public administration, maintenance operations, buildings and grounds, rent of buildings).
Statement of Purpose
STATEMENT OF PURPOSE: This resolution authorizes a four year renewal of the existing lease agreement with the state of Minnesota for office space in City Hall for the office of the state auditor, funds payable to the general fund. The office of the state auditor currently occupies space within City Hall under a 2011 lease that expires on September 30, 2015. The state of Minnesota wants to continue leasing the existing space under an amendment of lease. The lease rate for year 1 is $15,477.12, year 2 is $15,868.68, year 3 $16,260.36 and year 4 is $16,669.68 for a total of $64,275.84.