City of Racine - File #: Res.12-3430

• File #: Res.12-3430
• Version: A
• Name: Lease Amendment at 800 Center Street
• Type: Resolution
• Status: Passed
• File created: 11/20/2012
• In control: City Attorney's Office
• Final action: 11/20/2012
• Title: Lease Amendment at 800 Center Street Resolved, that the Mayor and City Clerk are 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, 2013 to December 31, 2017. The rental rate for 2013 will be $87,454.92 and will increase 2% annually. Fiscal Note: This lease will generate a total revenue of $87,454.92 in 2013.
• Sponsors: Sandy Weidner
• Related files: 12-8325

Date	Ver.	Action By	Action	Result
11/20/2012	A	Common Council	Adopted	Pass

Sponsor

Alderman Weidner

Title

Lease Amendment at 800 Center Street

Resolved, that the Mayor and City Clerk are 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, 2013 to December 31, 2017. The rental rate for 2013 will be $87,454.92 and will increase 2% annually.

Fiscal Note: This lease will generate a total revenue of $87,454.92 in 2013.