City of Racine - File #: Res.07-0240

• File #: Res.07-0240
• Version: A
• Name: Lease Agreement with Department of Corrections
• Type: Resolution
• Status: Passed
• File created: 6/5/2007
• In control: City Attorney's Office
• Final action: 6/5/2007
• Title: Lease Agreement with Department of Corrections Resolved, that the Mayor and City Clerk be authorized and directed to renew the lease agreement with the Wisconsin Department of Administration for the Department of Corrections for 5,894 square feet at the City Hall Annex, for the time period of January 1, 2008 to December 31, 2012. The rental rate for 2008 will be $76,150.48 and will increase in accordance with the consumer price index. Fiscal Note: This lease will generate a total revenue of $404,293.24.
• Sponsors: Ronald Hart
• Related files: 07-0635

Date	Ver.	Action By	Action	Result
6/5/2007	A	Common Council	Adopted

Sponsor

Alderman Hart

Title

Lease Agreement with Department of Corrections

Resolved, that the Mayor and City Clerk be authorized and directed to renew the lease agreement with the Wisconsin Department of Administration for the Department of Corrections for 5,894 square feet at the City Hall Annex, for the time period of January 1, 2008 to December 31, 2012. The rental rate for 2008 will be $76,150.48 and will increase in accordance with the consumer price index.

Fiscal Note: This lease will generate a total revenue of $404,293.24.