Label
Government Center 2nd Lease Amendment
Paul Syring (x1020)
Title
Authorizing the Mayor to enter into a second amended lease agreement for municipal office space in One Government Center for the provision and costs associated with enhanced security equipment and security personnel; authorizing the expenditures for enhanced security pursuant to said amended lease subject to annual appropriation; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Ordinance 404-18 authorized the Mayor to enter into a lease agreement for municipal office space in One Government Center for a ten-year term commencing January 1, 2019 and expiring December 31, 2028. The building owner, the Toledo Lucas County Port Authority, after consulting with the building's two primary tenants, the Board of Lucas County Commissioners and the City of Toledo, has concluded that it is in the mutual best interest of the building tenants and members of the public that enhanced security equipment and security personnel be implemented.
This Ordinance authorizes the Mayor to enter into a second amended lease agreement for the purposes of providing for the enhanced security equipment and personnel and allocating the costs of same, obligating the City to pay its allocated share. These enhancements include one-time purchase and implementation costs for equipment estimated as $317,750 for the City and ongoing costs are estimated to be $54,000 annually. Pursuant to the subject amendment to the lease agreement the one-time costs are to be paid in five annual installments.
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 second amended lease agreement with the Toledo-Lucas County Port Authority for municipal office space in One Government Center and execute and deliver other needed instruments for the purpose of the provision and payment of enhanced building security services.
SECTION...
Click here for full text