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Subject: (Direct Referral) Communication from the Assistant Commissioner of Public Works/Operations submitting the 2015 summary of lease agreements for office space. (Res. No. 14-0485)
Recommendation of the Public Works and Services Committee on November 25, 2014: The Mayor and City Clerk be authorized and directed to enter into lease agreements for 2015 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 2015 due to the 2014 Consumer Price Index increasing by 2.1%. These leases will generate a total annual revenue of approximately $116,956.40.