Department
Real Estate and Asset Management
Requested Action
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Request approval of a resolution approving a Lease Agreement between Fulton County, Georgia (as tenant), a political subdivision of the State of Georgia, and REJV Concourse Atlanta LLC (as Landlord), a Delaware limited liability company, for rooftop antenna space at 5 Concourse Parkway, Sandy Springs, Georgia; authorizing the Chairman to execute the lease agreement and related documents; authorizing the County Attorney to approve the Lease Agreement 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
O.C.G.A. § 36-60-13 authorizes the County to enter into multiyear lease, purchase, or lease purchase contracts of all kinds for the acquisition of goods, materials, real and personal property, services and supplies.
Strategic Priority Area related to this item
Open and Responsible Government
Commission Districts Affected
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All Districts |
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District 1 |
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District 2 |
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District 3 |
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District 4 |
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District 5 |
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Is this a purchasing item?
No
Summary & Background
Scope of Work: The Department of Real Estate and Asset Management, DREAM has received a request from the Fulton County Department of Emergency Services to negotiate rental terms for rooftop antenna space at 5 Concourse Parkway Sandy Springs, Georgia. The current rooftop location is necessary to support reliable emergency communications and enhance communication coverage and system resilience within this section of the County. The rooftop location provides the appropriate elevation and infrastructure required for effective operation of the equipment.
REJV CONCOURSE ATLANTA LLC and the Department of Real Estate and Asset Management (DREAM) have negotiated mutually acceptable rental terms to enter into a lease agreement for 15 years, inclusive of annual renewals options. The initial base monthly rental payment will be $1,750.00, as of the lease agreement commencement date. The annual rental rate will increase three percent for all permitted renewal terms.
Community Impact: The lease will allow Emergency Services to maintain optimal emergency preparedness and strengthen its ability to sustain essential communications during disasters, outages, and other emergencies from their current location. Leasing the rooftop space also provides a cost-effective solution by utilizing existing infrastructure while supporting public safety
Department Recommendation: The Department of Real Estate and Asset Management, DREAM recommends approving the Lease Agreement between FULTON COUNTY and REJV CONCOURSE ATLANTA LLC at 5 Concourse Parkway, Sandy Springs, Georgia for the purpose of providing rooftop space for an antenna.
Project Implications: The approval of the lease will allow Emergency Services to operate from this location and avoid potential service disruptions, relocation costs, and operational risks associated with securing an alternative site.
Community Issues/Concerns: None
Department Issues/Concerns: None
Fiscal Impact / Funding Source
Monthly rental payments to REJV CONCOURSE ATLANTA LLC will be charged to Accounting Line 100-333-3333-1121: General Fund, Emergency Services, County Wide Radio Dispatch Services, Rent/Lease Payments - $21,000