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AI- 55319
Commissioners Court
Meeting Date: 01/22/2024  
Lease Amendment: Frisco Tax Office
Submitted For: Bill Burke Submitted By: Lisa Bunch
Department: Construction Projects  
Request Type: CONSENT Agenda Area: Agreement
Information
Department Action
Request Commissioner’s Court consideration and approval to the Amended and Restated Commercial 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, 2024 and terminating December 31, 2024. 
Base rent shall remain at $15.00 per square foot for 3,042 square feet.
Additional rent for common area maintenance will be $6.825 per square foot for approximately 4,024 square feet.  This is an increase of .325¢ per square foot. Total lease cost is $73,093.80 per annum.
 
Purchasing Department Action
Request Commissioners Court consideration and any action regarding approval of an extension to the lease agreement between the City of Frisco and Collin County, AGR 2020-181, for property located at 6101 Frisco Square Blvd., Suite 2000, Frisco, TX, to extend the agreement for one (1) year commencing on January 1, 2024, continuing through and including December 31, 2024, at the same terms and conditions of the Second Amendment to Amended and Restated Commercial Lease Agreement, and increase the common area maintenance (CAM) fee by .325¢ per square foot. Further, authorize the County Judge to execute the renewal letter. MD

Base rent shall remain at $15.00 per square foot for 3,042 square feet. Additional rent for common area maintenance will be $6.825 per square foot for approximately 4,024 square feet. This is an increase of .325¢ per square foot. Total lease cost is $73,093.80 per annum.
HR and/or IT Action
Budget Department Action
Request for approval of an extension to the lease agreement with the City of Frisco, AGR 2020-181, for property located at 6101 Frisco Square Blvd., Suite 2000, Frisco, TX. Extension is from January 1, 2024 through December 31, 2024.  Base rent will remain the same at $15 per square foot, but the common area maintenance will increase from $6.50 per square foot to $6.825 per square foot. Total lease cost is $73,093.80. General Fund (0001).
Auditor's Office Action
Funds available in the General Fund (0001).
Commissioners Court
Amended and Restated Commercial Lease Agreement (Agreement No. 2020-181) with the City of Frisco for property located at 6101 Frisco Square Blvd., Suite 2000, Frisco, TX to extend the agreement for one (1) year through and including December 31, 2024, and increase the common area maintenance fee by $0.325 per square foot, Construction & Projects. 
Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available: $73,093.80
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1: 0001-40030-0009-56-30-0000-648005
Fund Transfers
Remarks:
Attachments
Court Order 2024-041-01-22
Memo
2024 Renewal
2023 Court Order
Second Amendment
2023 Renewal
2022 Renewal
2021 Renewal
2020 Renewal
Lease 2019

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