Label
DPU120424OHIOBUILDINGLEASEEXTENSION
Utilities Administration
Cindy Geronimo (x2363)
Revised
Title
Authorizing the Mayor to enter into a three (3) month extension of the existing lease agreement with the Ohio Building Company, Ltd., for 1,475 square feet of customer service space for the Division of Utilities Administration, in the Ohio Building located at 420 Madison Avenue; authorizing the expenditure of $8,045 from the Utilities Administration Fund for said lease extension; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Ordinance 441-22 authorized a one (1) year lease and a one-year renewal on a 1,475 sq. ft. space used for the customer service walk in area located on the ground floor of The Ohio Building for customers to be able to come in person to pay their bills and ask questions about their account. Ordinance 524-24 extended this lease four (4) months through December 31, 2024. This Ordinance authorizes an additional three (3) month lease extension beginning January 1st 2025 and ending March 31st, 2025.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to enter into a three (3) month extension of the existing lease agreement with the Ohio Building Company, Ltd., for 1,475 square feet of customer service space in the Ohio Building located at 420 Madison Ave. for the Division of Utilities Administration beginning January 1, 2025 and expiring on March 31, 2025, a copy of which is attached hereto as Exhibit A.
SECTION 2. That the expenditure of an amount not to exceed $8,045 pursuant to the lease agreement authorized in Section 1 is authorized from the Utilities Administration Fund Account Code 6078-31000-4000524STDSTD.
SECTION 3. That the Finance Director is authorized to draw their warrant or warrants against the Account Code in Section 2 in an amount not to exceed those authorized above in payment of the above-authorized obligations upon presentat...
Click here for full text