Broward County Commission Regular Meeting
Director's Name: Bertha Henry
Department: County Administration Division: Real Property
Information
Requested Action
title
MOTION TO APPROVE First Amendment to Lease Agreement between Lauderhill Mall Investment, LLC (Landlord) and Broward County (Tenant) for premises at Lauderhill Mall located at 1267-1531 NW 40th Avenue in Lauderhill to be used as the Water and Wastewater Services bill payment center, extending the time to complete tenant improvements with the option to renew for up to five additional and successive five year terms; and authorize the Mayor and Clerk to execute same. (Commission District 9)
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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 Landlord additional time to complete the tenant improvements and adds the option of five additional renewal terms to the lease.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
COUNTY ADMINISTRATION/REAL PROPERTY SECTION AND PUBLIC WORKS DEPARTMENT/WATER AND WASTEWATER SERVICES RECOMMEND APPROVAL OF THE ABOVE MOTION.
On June 11, 2019 (Item No. 10), the Board of County Commissioners authorized the County Administrator to execute a lease agreement for the Water and Wastewater Services (WWS) bill payment center. On August 13, 2019, the lease agreement between Lauderhill Mall Investment, LLC, and Broward County was executed by the County Administrator for approximately 2,181 rentable square feet at an outparcel to be developed at Lauderhill Mall. The term of the lease is five years with a one five-year renewal at an annual rental rate of $56,706 (or $4,725.50 monthly) for the initial lease year plus operating expenses. The lease originally required the Landlord to complete the tenant improvements by June 1, 2020.
In order to the develop the outparcel as a payment cente...
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