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Subject: (Direct Referral) Communication from the Assistant Commissioner of Public Works/Operations submitting the 2018 summary of lease agreements for office space. (Res. 0387-17)
Recommendation of the Public Works and Services Committee on 11-14-17: That the Mayor and City Clerk be authorized and directed to enter into lease agreements for 2018 for rental of office space in City Hall, City Hall Annex and the Safety Building at the rental rates as submitted.
Fiscal Note: Rental rates will increase in 2018 due to the 2017 Consumer Price Index increasing by 3.1%. These leases will generate a total annual revenue of approximately $125,784.43.
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