Loading...
HomeMy WebLinkAboutAgenda - 08-04-1993 - III-L 1 ORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda Item No. x-L ACTION AGENDA ITEM ABSTRACT Meeting Date: AUGUST 4, 1993 SUBJECT: LEASE RENEWAL; MOODY BUILDING DEPARTMENT: PURCHASING AND CENTRAL SERVICES PUBLIC HEARING: YES: NO:XX ATTACHMENT(S): INFORMATION CONTACT: PAM JONES, ext. 2650 RENEWAL Telephone Number- Hillsborough 732-8181 Chapel Hill 967-9251 Mebane 227-2031 Durham 688-7331 PURPOSE: To consider renewing a lease at the Moody Building, 103 Laurel Avenue,Carrboro, NC. BACKGROUND: In June, 1992, the County Commissioners approved a lease renewal for one year at the Laurel Avenue property. Tenants of this facility include several human services agencies who will be targeted to move upon completion of the Southern Human Services Building. Since the timeline for completion of the Southern Human Services Building was not clear at this time last year, the landlord allowed us to renew based on the following terms: 1. If we renew through June 30,1995, the rent increase will be 4.5% annually for each year of the lease remaining. 2. If we renew through June 30, 1997, the rent increase will be 3% annually for each year of the lease remaining. Upon completion of the Southern Human Services Building, approximately one-half of the Moody Building occupants will be relocated. The Public Defender's office and the Guardian Ad Litem program are not targeted to move. However, it is unclear how much of the rented space would be needed to fulfill the space requirements of the two functions. For that reason the recommendation is being made to renew through June 30, 1995, and negotiate any future renewals based on a program which will be developed between now and then. The suggestion has been made by Commissioner Gordon that we explore the possibility of relocating some or all of the Moody Building functions to the old Chapel Hill Library Building. Reports from the Town indicate that they are exploring a number of possibilities for the facility's reuse. Whatever the potential use decision,the Town's proposed funding scenario include program development during fiscal 1993-94, with implementation funding to be included in the budget for fiscal 1994-95. We will continue to explore the feasibility of relocating appropriate functions to this facility and bring back any resulting recommendations to the Board at a later date. RECOMMENDATION: The Manager recommends approval of a lease renewal for the Moody Building, 103 Laurel Avenue, Carrboro, NC through June 30, 1995; and authorize the Chair to sign on behalf of the Board. DATE /�/ I M ✓4 NORTH CAROLINA COUNTY OF ORANGE LEASE AGREEMENT RENEWAL WHEREAS, a lease agreement was made and entered into as of the sixth day of July, 1987, by and between the County of Orange, (the County) , and Grey Moody, (the Owner) , for space to be used as offices for County and Court functions at 103 Laurel Avenue, Carrboro, North Carolina; WHEREAS, the County and the Owner wish to renew the lease agreement as amended; NOW THEREFORE, the COUNTY and the OWNER mutually agree to the following: 1. The lease agreement will be continued for a period of two years commencing on July 1, 1993 and ending at 12 : 00 midnight on June 30, 1995; 2 . Section 3 (b) , Rent Schedule, shall read as follows: July 1, 1993 through June 30, 1994; $34,830/yr. July 1, 1994 through June 30, 1995; $36, 397/yr. 3 . All other terms and conditions shall remain the same. This agreed to the day of , 1993 . , ti OWN R: 15 ; 4j GREY MOODY, OWNER COU`' . •/ '1 it , 441 •MOSES CAREY, JR. , CHA / ATT�.-: �' r dillott :everly A. Blythe (Seal)