Request Commissioner’s Court consideration and approval of the Amended and Restated Lease Agreement between the City of Frisco and Collin County for property located at 6101 Frisco Square Blvd., Suite 2000, Frisco, TX. Commencing on January 1, 2018 and terminating December 31, 2018.
Square footage has been reduced from 3,624 square foot to 3,042 square foot.
Base rent shall remain at $15.00 per square foot.
Additional rent for common area maintenance will be $5.10 per square foot for approximately 4,024 square foot. This is an increase of .10¢ per square foot. Total lease cost is $66,152.40.
Purchasing Department Action
Request Commissioner’s Court consideration and any action regarding approval of the Amended and Restated Lease Agreement between the City of Frisco and Collin County for property located at 6101 Frisco Square Blvd., Suite 2000, Frisco, TX., commencing on January 1, 2018 and terminating December 31, 2018 for a total lease cost of $66,152.40. Further authorize the County Judge to execute same. md
Square footage has been reduced from 3,624 square foot to 3,042 square foot. Base rent shall remain at $15.00 per square foot. Additional rent for common area maintenance will be $5.10 per square foot for approximately 4,024 square foot. This is an increase of .10¢ per square foot.
HR and/or IT Action
Budget Department Action
Lease agreement between Collin County and the City of Frisco for property located at 6101 Frisco Square Blvd., Suite 2000, Frisco, TX. Square footage has been reduced from 3,624 to 3,042. Base rent is remaining the same at $15 per square foot and the common area rent is $5.10 per square foot for 4,024 square feet representing a $.10 increase per square foot. Lease term is January 1, 2018 through December 31, 2018. Total lease cost is $66,152.40. Budgeted funds available. General Fund (001).
Auditor's Office Action
Funds available in the General Fund.
Commissioners Court
Amended and Restated Lease Agreement with the City of Frisco for property located at 6101 Frisco Square Blvd., Suite 2000, Frisco, Texas, commencing on January 1, 2018 and terminating December 31, 2018, Construction & Projects.