TO: Mayor and Members of City Council
THRU: Marion J. Noland, Interim CEO/General Manager
Fayetteville Public Works Commission
FROM: Fayetteville Public Works Commission
DATE: January 9, 2023
RE:
Title
Second Amendment to Lease of Suite 102 of R. C. Williams Building
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
High Quality Built Environment
Executive Summary:
The Fayetteville Public Works Commission (PWC) negotiated a Second Amendment to Lease with Softact Solutions, LLC for Suite 102 of the R.C. Williams Building for an annual rent of $35,909.52.
Background:
The terms of the proposed lease amendment with Softact Solutions, LLC are acceptable to PWC and reflect the market value for the commercial office space designated as Suite 102 of the R.C. Williams Building. The term of the lease amendment is one (1) year and the proposed annual rent will be $35,909.52.
Issues/Analysis:
N/A
Budget Impact:
N/A
Options:
N/A
Recommended Action:
PWC recommends the Fayetteville City Council approve the lease amendment, to be executed by PWC’s CEO/GM upon City Council approval.
Attachments:
Proposed Lease with Softact Solutions, LLC; Draft City Resolution Softact