Department
Real Estate and Asset Management
Requested Action
title
Request approval of a Resolution approving a First Amendment to Lease Agreement between Fulton County, Georgia (Landlord) and the Georgia Department of Human Services (Tenant) to add 2,724 square feet of office space and increase the rental cost for the premises located at 5710 Stonewall Tell Road, College Park, Georgia; authorizing the Chairman to execute the First Amendment and related documents; authorizing the County Attorney to approve the First Amendment and related documents as to form and to make modifications thereto prior to execution; and for other purposes.
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Requirement for Board Action
Fulton County Code § 1-117 gives the Fulton County Board of Commissioners exclusive jurisdiction and control over directing and controlling all the property of the county, as they may deem expedient, according to law.
Strategic Priority Area related to this item
Open and Responsible Government
Commission Districts Affected
All Districts ☒
District 1 ☐
District 2 ☐
District 3 ☐
District 4 ☐
District 5 ☐
District 6 ☐
Is this a purchasing item?
No
Summary & Background
Scope of Work: The Georgia Department of Human Services (DHS) currently rents office space at County-owned 5710 Stonewall Tell Road, College Park, Georgia. The DHS Division of Family and Children Services provides family and children support services from this centralized location
O.C.G.A. § 50-16-41 authorizes the Georgia State Properties Commission (SPC) to manage the utilization of administrative space by Georgia state entities.
The Fulton County Department of Real Estate and Asset Management (DREAM) received a request from the State Properties Commission (SPC) to amend the terms of the current lease agreement between the parties to include an additional 2,724 square feet of office space not included under the current lease agreement. The amendment adds the requested square footage and incorporates a proportional increase in monthly rental payments to be made by DHS to the County.
Approval of the Board of Commissioners is requested to formalize the amended rental terms of the Lease Agreement.
Community Impact: Approval by the Board of Commissioners to execute a First Amendment to Lease Agreement with the State Properties Commission will not adversely impact the community and will allow the Division of Family and Children Services to continue to provide their services from the current location.
Department Recommendation: The Department of Real Estate and Asset Management recommends approval of the First Amendment to Lease Agreement between Fulton County and the State Properties Commission for the purpose of formalizing rental terms and extending occupancy.
Project Implications: The First Amendment to Lease Agreement between Fulton County and State Properties Commission is a revenue-producing lease agreement for the County. The monthly rental rate shall increase by the amount of $2,437.98 for a total fixed equal monthly rental of $87,968.56, beginning on the effective date and payable thereafter on the first (1st) day of every calendar month during which the additional square footage is leased.
Community Issues/Concerns: None
Department Issues/Concerns: None
Fiscal Impact / Funding Source
All rental revenue received during the rental term will be deposited into the General Fund