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Subject: Communication from the Assistant Commissioner of Public Works/Operations submitting the request of the Wisconsin Department of Administration to renew the lease of space of at 800 Center Street for the Department of Corrections from January 1, 2008 to December 31, 2012.
Recommendation: 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.