Department
Real Estate and Asset Management
Requested Action (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Request approval of a Resolution approving a Lease Agreement between Fulton County, Georgia (Lessor) and Times Journal, Inc., a Georgia corporation (Lessee), for the purpose of leasing 743 square feet of office space in the basement of the Fulton County Courthouse at 136 Pryor Street, S.W., Atlanta, 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 thereof to protect the County’s interest prior to execution by the Chairman; and for other purposes. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
body
Requirement for Board Action (Cite specific Board policy, statute or code requirement)
Pursuant to the County’s Home Rule powers set forth in Article 9, §2, Par. 1(a) of the Georgia Constitution, “[t]he is governing authority of each county shall have legislation power to adopt clearly reasonable ordinances, resolutions, or regulations relating to its property, affairs, and local government for which no provision has been made by general law and which is not inconsistent with this Constitution or any local law applicable thereto” and Fulton County Code § 1-117 confers upon the Board of Commissioners the 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 (If yes, note strategic priority area below)
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 (First sentence includes Agency recommendation. Provide an executive summary of the action that gives an overview of the relevant details for the item.)
Scope of Work: The Department of Real Estate and Asset Management (DREAM) has received a request from Times Journal Inc., owner of the County’s new legal organ, the South Fulton Neighbor, confirming their desire to assume legal occupancy of 743 square feet of office space in the Fulton County Courthouse at 136 Pryor Street SW that was previously occupied by ALM Media, LLC, the owner of the prior legal organ of the County, the Fulton County Daily Report.
The lease agreement with ALM Media LLC expired December 31, 2023 and cannot be amended or assigned. DREAM and the Times Journal Inc. have negotiated mutually acceptable rental terms, that will name Times Journal as the legal tenant and extend the lease term for a period not to exceed (4) years.
Community Impact: Approval of a Lease Agreement will allow the Times Journal Inc. to assume legal occupancy of the office space previously occupied by ALM Media LLC within the basement of 136 Pryor Street for the purpose of providing their unique legal services from the same location as ALM Media, LLC.
Department Recommendation: It is the recommendations of the Clerk of Superior Court and the Department of Real Estate and Asset Management to approve a Lease Agreement with Times Journal Inc. to formalized rental terms and responsibilities of the County and the tenant.
Project Implications: In accordance with Georgia Law, publication of certain legal notices is required by state statute. After filing legal documents in the appropriate court, customers of the Fulton County Superior and Probate Courts will have convenient access to deliver and publish notices in the County’s new legal organ.
Community Issues/Concerns: None.
Department Issues/Concerns: None.
History of BOC Agenda Item: None.
Fiscal Impact / Funding Source
Funding Line 1:
The monthly rental income of $250.00 will deposited in Funding Line # 100-520-5201-5230 during the initial and all available lease extension terms.
Funding Line 2: