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AI- 49417
Commissioners Court
Meeting Date: 11/09/2020  
Lease Amendment: Frisco Tax Office Extension
Submitted For: Bill Burke Submitted By: Lisa Bunch
Department: Construction Projects  
Request Type: CONSENT Agenda Area: Amendment
Information
Department Action
Request Commissioners' Court consideration, approval, and authorization of this letter for signature, to extend the Lease with the City of Frisco for the Collin County Tax Office Space in the Frisco City Hall Building. The new amendment is effective 1-1-2021 through 12-31-2021. Base rent shall remain at $15.00 per square foot for 3,042 square feet. Additional rent for common area maintenance will be $5.90 per square foot for approximately 4,024 square feet. This is an increase 5% or 0.28¢ per square foot. Total lease cost is $69,371.60 per annum. One (1) renewal remaining.
Purchasing Department Action
Request Commissioners Court consideration and any action regarding approval of Amendment No. 2 to the Amended and Restated 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 renew the agreement for one (1) year commencing on January 1, 2021, continuing through and including December 31, 2021, and increase the common area maintenance (CAM) fee by .28¢ per square foot. Further, authorize the County Judge to execute same. MD

Base rent shall remain at $15.00 per square foot for 3,042 square feet. Additional rent for common area maintenance will be $5.90 per square foot for approximately 4,024 square feet.  This is an increase of .28¢ per square foot. Total lease cost is $69,371.60 per annum. One (1) renewal remaining.
HR and/or IT Action
Budget Department Action
Budgeted funds available for Amendment No. 2 to 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. Lease term is January 1, 2021 through December 31, 2021. Base rent is remaining the same at $15 per square foot for 3,042 square feet. Common area maintenance will be increasing $.28 per square foot to $5.90 per square foot for 4,024 square feet. Total lease cost is $69,371.60. General Fund (0001).
Auditor's Office Action
Funds available in the General Fund.
Commissioners Court
No. 2 to Amended and Restated Lease Agreement (Agreement No. 2020-181) with the City of Frisco for property located at 6101 Frisco Square Boulevard, Suite 2000, Frisco, Texas to increase the common area maintenance fee by $0.28 per square foot, and extend the lease for one (1) year through and including December 31, 2021, Construction & Projects. 
Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available: $69,371.60
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 2020-1122-11-09
Memo
Amendment

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