City of Racine - File #: 1069-23

• File #: 1069-23
• Version: A
• Name: Subject: Communication sponsored by Alder Jones, on behalf of the Assistant Commissioner of Public Works/Operations, submitting the 2024 summary of lease agreements for office space. Staff Recommendation of the Public Works and Service Committee on 11-
• Type: Communication
• Status: Passed
• File created: 11/9/2023
• In control: Public Works and Services Committee
• On agenda: 11/21/2023
• Title: Subject: Communication sponsored by Alder Jones, on behalf of the Assistant Commissioner of Public Works/Operations, submitting the 2024 summary of lease agreements for office space. Recommendation of the Public Works and Service Committee on 11.14.23: That the Mayor and City Clerk be authorized and directed to enter into 2024 lease agreements for rental 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 2024 due to the Consumer Price Index increasing by 4.8%. These leases will generate a total annual revenue of approximately $261,592.33.

Date	Ver.	Action By	Action	Result
11/21/2023	A	Common Council	Approved as Presented	Pass
11/14/2023	A	Public Works and Services Committee

Title

Subject: Communication sponsored by Alder Jones, on behalf of the Assistant Commissioner of Public Works/Operations, submitting the 2024 summary of lease agreements for office space.

Recommendation of the Public Works and Service Committee on 11.14.23: That the Mayor and City Clerk be authorized and directed to enter into 2024 lease agreements for rental 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 2024 due to the Consumer Price Index increasing by 4.8%. These leases will generate a total annual revenue of approximately $261,592.33.