01-0439R

RESOLUTION AUTHORIZING PROPER CITY OFFICIALS TO ENTER INTO A REVISED LEASE AGREEMENT WITH THE STATE OF MINNESOTA, DEPARTMENT OF ADMINISTRATION, REAL ESTATE MANAGEMENT DIVISION FOR 1,872 USABLE SQUARE FEET OF OFFICE SPACE AT THE MINNESOTA WORKFORCE CENTER - DULUTH FOR THE PERIOD JULY 1, 1999, THROUGH JUNE 30, 2003.

BY COUNCILOR FENA:

        RESOLVED, that proper city officials are hereby authorized to enter into a revised lease agreement with the state of Minnesota, department of administration, real estate management division for 1,872 usable square feet of office space on the second floor of the government services center - 320 West Second Street, in the office suite occupied by the Minnesota workforce center - Duluth. The monthly lease payment for said office space shall not exceed $10.03 per square foot in rent and $222.83 per month in construction costs or a total of $1,787.51 per month. A copy of the lease is available in the city clerk's office as Public Document No. __________________. Monthly lease expenses are payable from Fund 268.



STATEMENT OF PURPOSE:  The purpose of this resolution is to allow proper city officials to enter into a revised lease agreement with the state of Minnesota, department of administration for office space in the Minnesota Workforce Center - Duluth. The revision reduces the number of square feet rented from 2,030 to 1,872 and reduces the total monthly lease payment from $1,877.75 to $ 1,787.51.

The reduction in lease payment is retroactive to July 1, 1999, and the city's account with the state will be properly reconciled to reflect the reduction. Monthly lease expenses are payable from Fund 268.