DEPARTMENT
Real Estate and Asset Management
REQUESTED ACTION (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
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Request approval of a Resolution authorizing approval of a First Amendment and Extension to Lease Agreement between Fulton County, Georgia and LIT/ Hodges Industrial Trust, to provide warehouse and office space for the operations of the Fulton County District Attorney's Office; authorizing the Chairman to execute the First Amendment and Extension to Lease Agreement and related documents; authorizing the County Attorney to approve the First Amendment and Extension to Lease Agreement as to form and make necessary modifications thereof prior to execution; and for other purposes. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
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REQUIREMENT FOR BOARD ACTION (Cite specific Board policy, statute or code requirement)
Pursuant 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 and O.C.G.A. ? 36-10-1, all contracts entered into by the county governing authority with other persons on behalf of the county shall be in writing and entered on its minutes.
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 approval of the Fulton County Board of Commissioners is being requested to extend the lease term at the 5500-B Fulton Industrial Boulevard for an additional seven (7) years. The current lease agreement for 2...
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