TO: Mayor and Members of City Council
THRU: Timothy L. Bryant, CEO/General Manager
Fayetteville Public Works Commission
FROM: Fayetteville Public Works Commission
DATE: February 12, 2024
RE:
Title
PWC - Third 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 Third Amendment to Lease with Softact Solutions, LLC for Suite 102 of the R.C. Williams Building for an annual rent of $36,743.52.
Background:
The PWC CEO/General Manager has approved the Third Amendment to Lease of Suite 102 of the R.C. Williams Building to Softact Solutions, LLC (“Lessee”). The Lease amendment is for one (1) year. Lessee has agreed to an annual rent rate of $36,743.52.
Issues/Analysis:
N/A
Budget Impact:
N/A
Options:
N/A
Recommended Action:
PWC recommends the Fayetteville City Council approve the lease with Lessee.
Attachments:
Proposed Lease with Softact Solutions, LLC