Broward County Commission Regular Meeting
Director's Name: Monica Cepero
Department: County Administration Division: Real Property
Information
Requested Action
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MOTION TO APPROVE Second Amendment to the Lease Agreement between Fazio Limited Partnership (Landlord) and Broward County (Tenant) for approximately 10,469 square feet of office space located at 315 SE 7th Street in Fort Lauderdale for the continued use by the State Attorney’s Office; and authorize the Mayor and Clerk to execute same. (Commission District 4)
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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 the State Attorney’s Office with leased space until completion of renovation to the East Wing of the Broward County Judicial Complex.
Is this Action Goal Related
No
Previous Action Taken
None.
Summary Explanation/Background
On March 1, 2017, the County and Fazio Limited Partnership entered into a lease agreement for approximately 10,469 square feet of office space located at 315 SE 7th Street, in Fort Lauderdale, Florida 33301, for the continued use by the State Attorney’s Office. The proposed Second Amendment extends the lease term to March 31, 2026, and grants the County an additional month-to-month tenancy through December 31, 2026. The proposed term extension would allow the State Attorney’s Office to remain in the leased premises until the completion of the Broward County Judicial Complex East Wing renovation project, which is ongoing.
The proposed Second Amendment also addresses the rental rate of the leased premises during the extended term and month-to-month tenancy, as more particularly described in Exhibit B of the Second Amendment. The Second Amendment further grants the County 25 reserved parking spaces at a rate of $55 per space per month during the abovementioned extension periods.
All documents have been reviewed and approved as to form by the Office of the County Attorney.
Source of Additional Information
Lary S. Mahoney, Director of Real Estate Development, County Administration 954-357-7357
Scott Campbell, Director, Facilities Management Division, (954) 357-5590
Trevor Fisher, Director, Public Works Department, (954) 357-6410
Fiscal Impact
Fiscal Impact/Cost Summary
Funds for this expense will be allocated to ChartField 10101-10101-61208000-526010-104051-Rent.