REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF THE COUNTY OF SAN BERNARDINO
AND RECORD OF ACTION
June 22, 2021
FROM
TERRY W. THOMPSON, Director, Real Estate Services Department
MICHAEL JIMENEZ, County Librarian, County Library
SUBJECT
Title
Amendment No. 6 to Lease Agreement with the City of Grand Terrace for Library Space for the County Library in Grand Terrace
End
RECOMMENDATION(S)
Recommendation
Approve Amendment No. 6 to Lease Agreement No. 04-427 with the City of Grand Terrace to extend the term of the lease, by the County's exercise of an existing three-year extension option, for the period of July 1, 2021 through June 30, 2024 (for an aggregate term of 20.1 years), following a permitted one-month holdover for the period of June 1, 2021 through June 30, 2021, adjust the rental rate schedule, and update standard lease agreement language for 3,500 square feet of library space for the County Library at 22795 Barton Road in Grand Terrace in the amount of $71,155.
(Presenter: Terry W. Thompson, Director, 387-5000)
Body
COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Operate in a Fiscally-Responsible and Business-Like Manner.
Pursue County Goals and Objectives by Working with Other Agencies.
FINANCIAL IMPACT
Approval of this item will not result in the use of Discretionary General Funding (Net County Cost). The total cost of this three-year amendment, including the permitted holdover at the current lease rate of $1,855 per month for one month, is $71,155. Lease payments will be made from the Real Estate Services Department (RESD) Rents budget (7810001000) and reimbursed from the Library budget (6402202600). Sufficient appropriation is included in both the Library and Rents 2021-22 budgets. Annual lease costs are as follows:
Period
Annual Lease Cost
June 1, 2021 - June 30, 2021
$ 1,855
July 1, 2021 - June 30, 2022
$22,680
July 1, 2022 - June 30, 2023
$23,100
July 1, 2023 - June 30, 2024
$23,520
Total Cost:
$71,155
BACKGROUND INFO...
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