City of Fayetteville
File #: 24-4081    Version: 1 Name: Resolution Authorizing the Lease for the Cross Creek District Office of the Police Department
Type: Consent Status: Agenda Ready
File created: 6/4/2024 In control: City Council Regular Meeting
On agenda: 6/10/2024 Final action:
Title: Resolution Authorizing a Lease for the Cross Creek District Office of the Police Department
Attachments: 1. 6147 Raeford Rd Lease, 2. 6147 Raeford Rd Lease Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: Mayor and Members of City Council

THRU: Lachelle H. Pulliam, City Attorney

FROM: Kecia N. Parker, NCCP, Real Estate Manager

DATE: June 10, 2024

RE:
Title
Resolution Authorizing a Lease for the Cross Creek District Office of the Police Department
end

COUNCIL DISTRICT(S):
Council District(s)|109|


b
Relationship To Strategic Plan:
Goal I - Safe and Secure Community

Executive Summary:
The City has had a lease agreement for the property located at 6147 Raeford Road for the Cross Creek District Office of the Police Department since July 1, 2014. The current lease is for approximately 4,175 square feet of office space, a 1,200 square feet outbuilding and a parking area. The current lease expires on June 30, 2024 and the City would like to continue leasing the space and enter into a new five-year agreement.


Background:
The Cross Creek District Office has leased a portion of the property located at 6147 Raeford Road since July 1, 2014. The current term of that lease expires June 30, 2024 and the City would like to remain in the space for another five years. The new lease includes a five-year term beginning on July 1, 2024 for approximately 4,175 square feet of office space and a 1,200 square feet outbuilding. The rent will be $6,904.78 monthly for the first year with a 2% escalation annually. The taxes and insurance portions of the rent will have a 20% increase annually. As a part of the negotiations the City requested a list of repairs and alterations be made to the building. The landlord agreed and has made all the repairs except for the interior painting as this repair was costly. The landlord has received the quote and agreed to the painting once the City signs the new lease.


Issues/Analysis:
None


Budget Impact:
The annual lease cost of $82,857.36 along with operational costs and staff costs has been included in the budget.


Options:
* Approve the lease agreement and authorize the City Manager to execute said l...

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