REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
August 22, 2023
FROM
TERRY W. THOMPSON, Director, Real Estate Services Department
MELANIE OROSCO, County Librarian, County Library
SUBJECT
Title
Amendment to Lease Agreement with the City of Montclair for Library and Office Space
End
RECOMMENDATION(S)
Recommendation
Approve Amendment No. 2 to Lease Agreement No. 07-147 with the City of Montclair, to extend the term of the Lease for the period of September 1, 2023 through August 31, 2028, following a permitted holdover for the period of January 1, 2023 through August 31, 2023, and adjust the rental rate schedule, for the use of approximately 12,275 total square feet of library and office space located at 9955 Fremont Avenue in Montclair, in the amount of $392,144.
(Presenter: Terry W. Thompson, Director, 387-5000)
Body
COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Operate in a Fiscally-Responsible and Business-Like Manner.
Provide for the Safety, Health and Social Service Needs of County Residents.
FINANCIAL IMPACT
Approval of this item will not result in the use of Discretionary General Funding (Net County Cost). The total cost of this five-year amendment is $392,144. Lease payments will be made from the Real Estate Services Department's (RESD) Rents budget (7810001000) and reimbursed from the San Bernardino County (County) Library (Library) budget (6400002600). Sufficient appropriation is included in both the 2023-24 Rents and Library budgets and will be included in future recommended budgets. Annual lease costs are as follows:
Year
Annual Lease Revenue
*January 1, 2023 - August 31, 2023
$ 39,529
September 1, 2023 - August 31, 2024
$ 67,758
September 1, 2024 - August 31, 2025
$ 69,113
September 1, 2025 - August 31, 2026
$ 70,495
September 1, 2026 - August 31, 2027
$ 71,905
September 1, 2027 - August 31, 2028
$ 73,344
Total
$ ...
Click here for full text