Broward County Commission Regular Meeting


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AI-27106 16.       
Meeting Date: 08/14/2018  
Director's Name: Thomas Hutka
Department: Public Works Division: Real Property

Information
Requested Action
MOTION TO APPROVE First Amendment to Lease Agreement between Fazio Limited Partnership (Landlord) and Broward County (Tenant) for approximately 10,469 square feet located at 315 SE 7th Street in Fort Lauderdale for a term of three years plus three one-year renewals at a rental rate of $270,623 for the first year for the continued use by the State Attorneys' office; and authorize the Mayor and Clerk to execute same. (Commission District 7)

ACTION:  (T-10:33 AM)  Approved.  (Scrivener’s Error – See County Administrator’s Report: Exhibit 1, Page 2, the second sentence in paragraph 3, currently reads: “The Parties shall have the option to renew the Lease…”  Should read: “Tenant stall have the option to renew the Lease…”)

 
VOTE: 9-0.
Why Action is Necessary
Board of County Commissioners' approval is required to lease property pursuant to Broward County Administrative Code, Section 6.23.
What Action Accomplishes
Provides the State Attorneys' office with leased space until completion of renovations to the East Wing of the Broward County Judicial Complex.
Is this Action Goal Related
Previous Action Taken
None.
Summary Explanation/Background
THE PUBLIC WORKS DEPARTMENT/FACILITIES MANAGEMENT DIVISION/REAL PROPERTY SECTION RECOMMENDS APPROVAL OF THE ABOVE MOTION.

On December 13, 2016 (Item No. 38), the Board of County Commissioners authorized the County Administrator to take any necessary actions to execute leases on behalf of the Board of County Commissioners for the State Attorneys' Office (SAO) during renovations of the East Wing of the Broward County Judicial Complex. On March 3, 2017, the County and Landlord entered into a lease for 10,469 square feet of property located at 315 SE 7th Street in Fort Lauderdale which will expire on September 30, 2018.

The proposed First Amendment extends the term to September 30, 2021 plus three one-year renewals. The rental rate for the first year of the extension term is $25.85 per square foot for a total of $270,624 for the first year and shall increase 3% yearly. The Landlord will provide 25 reserved parking spaces at $45 per space per month for the first three years, and $50 per space per month during any extension. All other terms and conditions of the lease remain the same. The SAO staff located in the leased premises will be relocated to the East Wing upon completion of renovations, which are ongoing.

All documents have been reviewed and approved as to form by the Office of the County Attorney.
Source of Additional Information
Purvi A. Bhogaita, Director, Real Property Section, (954) 357-7333
Thomas J. Hutka, P.E., Director, Public Works Department, (954) 357-6410

Fiscal Impact
Fiscal Impact/Cost Summary:
The funds for leasing this property are from charge point 10010-61209020-526010 for a total of $876,970.64 for three years ($836,470.64 for rent and $40,500 for parking fees).
Attachments
Exhibit 1 - 1st Amendment to Lease
Exhibit 2 - Property Appraiser Data Sheet
Exhibit 3 - Aerial Location Map


    

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