04-0535R

RESOLUTION AUTHORIZING THE PROPER CITY OFFICERS TO EXECUTE AN AMENDED LEASE AGREEMENT WITH THE STATE OF MINNESOTA, OFFICE OF THE STATE AUDITOR, FOR OFFICE SPACE WITHIN CITY HALL.

BY COUNCILOR STAUBER:

WHEREAS, the office of the state auditor leases office space within City Hall for the daily conduct of its assigned duties; and

WHEREAS, the office of the state auditor desires to continue leasing office space and further to increase the amount of office square footage leased; and

WHEREAS, the city desires to lease additional office space to the office of the state auditor.

NOW, THEREFORE, BE IT RESOLVED, that the city shall extend the existing lease for the existing space for two months at the present rate, then provide relocated leased premises in the approximate amount of 890 square feet in Room 206 to the office of the state auditor within City Hall and as shown on Exhibit A (Public Document No. _____________________) for a three year period from October 1, 2004, through September 30, 2007.

RESOLVED FURTHER, that the present office space lease rate of $14 per square foot per year be increased to $14.50 per square foot per year effective October 1, 2004, and further that the office space lease rate be increased to $15 per square foot per year effective October 1, 2006.

RESOLVED FURTHER, that the proper city officers are authorized and directed to execute the agreement filed as Public Document No. __________________ between the city of Duluth and the state of Minnesota, office of the state auditor. All funds payable thereunder to the city to be deposited in the General Fund 100-015-1515-4612.


STATEMENT OF PURPOSE: This resolution authorizes an amended and updated lease agreement with the State of Minnesota, Office of the State Auditor. The original lease agreement was authorized by Resolution 93-0445R. This resolution also relocates and increases the office square footage leased by the Office of the State Auditor and also increases the annual square foot lease rate beginning October 1, 2004, and again on October 1, 2005.