Broward County Commission Regular Meeting
Director's Name: Henry A. Sniezek
Department: Environmental Protection Division: Building Code Services
Information
Requested Action
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A. MOTION TO ADOPT budget Resolution No. 2020-049 transferring funds from the Building Code Services Division's (BCSD) Special Purpose Fund (10020) reserves in the amount of $1,048,750 to reimburse AW Riverbend, LLC (Landlord) for the costs associated with completion of Leasehold Improvements at the new Division's Administration office located at 2307 W. Broward Boulevard, Suite 300, Fort Lauderdale, FL 33312.
ACTION: (T-10:54 AM) Approved.
VOTE: 9-0. Commissioner Sharief and Vice-Mayor Geller voted in the affirmative telephonically.
B. MOTION TO ADOPT budget Resolution No. 2020-050 transferring funds from the Building Code Services Division's (BCSD) Licensing-Elevator-Regulatory Funds (10050) reserves in the amount of $951,250 to reimburse AW Riverbend, LLC (Landlord) for the costs associated with completion of Leasehold Improvements at the new Division's Administration office located at 2307 W. Broward Boulevard, Suite 300, Fort Lauderdale, FL 33312.
ACTION: (T-10:54 AM) Approved.
VOTE: 9-0. Commissioner Sharief and Vice-Mayor Geller voted in the affirmative telephonically.
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Why Action is Necessary
Board approval is necessary to transfer funds from reserves.
What Action Accomplishes
The action transfers $2 million dollars from BCSD's reserves to reimburse the Landlord for costs associated with Leasehold Improvements associated with the move, including but not limited to, interior design and construction of a 17,858 square foot facility, relocation expenses, new furniture, permit fees, IT infrastructure and security access control systems.
In accordance with Clause 9.9 of the lease agreement (please see Exhibit 1), the "tenant shall reimburse Landlord in an amount equal to the Excess Costs only for the Leasehold Improvement Items that comp...
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