Department
Real Estate and Asset Management
Requested Action (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Request approval of a Resolution to approve a Fourth Amendment to Master Lease Agreement between Fulton County, a political subdivision of the State of Georgia (Tenant) and The Lansky Partnership, LLLP, a Georgia Limited Liability Limited Partnership (Landlord), for the purpose of providing additional office space for the operations of the Fulton County Sheriff’s Office at 5615 Old National Highway; to authorize the Chairman to approve the lease extension agreement and related documents; to authorize the County Attorney to approve the lease extension agreement and related documents as to form and substance and to make any modifications thereto in order to protect the interests of Fulton County prior to execution; and for other purposes. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
body
Requirement for Board Action (Cite specific Board policy, statute or code requirement)
According to O.C.G.A. § 36-60-13, each county or municipality in this State shall be authorized 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 (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 Fulton County Sheriff’s Office is requesting the approval of the Fulton County Board of Commissioners to expand the demised premises at 5615 Old National Highway, College Park, Georgia from approximately 1,892 square feet to 5,850 square feet of office space and to extend the current lease term for a period of ten years. Lansky Partnership, LLLP, the Fulton County Sheriff’s Office and the Fulton County Department of Real Estate and Asset Management, DREAM have developed mutually acceptable renovation plans and lease terms that will consolidate and improved current services provided by the Fulton County Sheriff’s Office at this leased location. In accordance with Fulton County Policy, the approval of the Fulton County Board of Commissioners is required prior to executing or modifying the terms of all contractual agreements in which the County is a party to the agreement. Pending the Lessor’s performance of all of its obligations with respect to the renovation of the expanded space and the County’s written acceptance of the newly expanded premises, the monthly rental payment of $10,237.50 per month shall become effective. Annual escalation of rents shall be deferred in exchange for the increases of 3% in Years 3 and 6 and 9% in Year 9. In no event shall this lease continue beyond December 31, 2032 unless extended by mutual consent.
Community Impact: Extension of the current lease and expansion of the leased space will improve service delivery and efficiency for the operations of the Sheriff’s Department within this community.
Department Recommendation: The Department of Real Estate and Asset Management recommends approval of the Fourth Amendment to Master Lease Agreement for the purpose of completing planned renovations, expansion of office space and extension of the current lease term for a period of ten years.
Project Implications: Expansion of space will allow the Sheriff’s Office to achieve departmental objectives, consolidate certain operations and improve service efficiency levels with no interruption in service delivery.
Community Issues/Concerns: None
Department Issues/Concerns: None
History of BOC Agenda Item: Original full service lease agreement was approved as Agenda Item #07-0464 at the Board of Commissioners’ Meeting of June 6, 2007. On November 20, 2012, the Board of Commissioners approved the first Amendment (Agenda Item #12-1023) that extended the lease term through December 31, 2018. Agenda Item #16-0566 which was approved on July 7, 2016, amended the name of the Lessor to reflect the sale of the Property to the current owner and the change in address assigned by the U.S. Postal Service. The Third Amendment to Master Lease Agreement for Facilities was approved by the Board of Commissioners on December 19, 2018 as Agenda Item # 18-0989.
Fiscal Impact / Funding Source
The required monthly rental payments will be paid from funding line 100-330-3305-1121.
During the period commencing January 1, 2022 and expiring the day before the Expansion Commencement Date, the monthly rent shall be Two Thousand Eight Hundred Sixty-Nine and 19/100 Dollars ($2,869.19) per month.
Rent shall be abated during the Lessor’s Work Period