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File #: 22-0620    Version: 1 Name:
Type: Consent - Infrastructure and Economic Development Status: Agenda Ready
File created: 8/30/2022 In control: Board of Commissioners
On agenda: 9/7/2022 Final action:
Title: Request approval of a First Amendment to Lease Agreement between Fulton County ("Tenant") and SOUTHPOINT FARMS LPIV, LLC ("Prime Lessee"); SOUTHPOINT FARMS VERTICAL PIV1, LLC ("PIV SUBLESSEE"); and SOUTHPOINT FARMS VERTICAL DP, LLC ("DP SUBLESSEE") (PRIME LESSEE, PIV SUBLESSEE and DP SUBLESSEE are collectively "Landlord") for the purpose of amending the lease commencement date and modifying certain rental terms for the consolidated warehouse Lease Agreement for 5674 Campbellton-Fairburn Road, Union City, Georgia 30312; to authorize the Chairman to execute the First Amendment to Lease Agreement and related documents; to authorize the County Attorney to approve the First Amendment to Lease Agreement and related documents as to form 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)
Attachments: 1. 5674 Campbellton Fairburn Road First Amendment to Lease Agreement, 2. 2022-0620
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DEPARTMENT
Real Estate and Asset Management

REQUESTED ACTION (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Request approval of a First Amendment to Lease Agreement between Fulton County ("Tenant") and SOUTHPOINT FARMS LPIV, LLC ("Prime Lessee"); SOUTHPOINT FARMS VERTICAL PIV1, LLC ("PIV SUBLESSEE"); and SOUTHPOINT FARMS VERTICAL DP, LLC ("DP SUBLESSEE") (PRIME LESSEE, PIV SUBLESSEE and DP SUBLESSEE are collectively "Landlord") for the purpose of amending the lease commencement date and modifying certain rental terms for the consolidated warehouse Lease Agreement for 5674 Campbellton-Fairburn Road, Union City, Georgia 30312; to authorize the Chairman to execute the First Amendment to Lease Agreement and related documents; to authorize the County Attorney to approve the First Amendment to Lease Agreement and related documents as to form 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 Department of Real Estate and Asset Management is requesting the approval of the Fulton County Bo...

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