Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Execute A Lease Agreement With The School Board Of Broward County, Florida, For The McNicol Community Administrative Center For A Five-Year Term, With The First Year’s Annual Payment In The Amount Of $100,359.00 Plus A Flat Rate For Utilities In The Amount Of $13,455.54, With Annual Increases Of Three Percent Starting In Year Two.
Strategic Plan Focus
Infrastructure & Facilities
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
On November 1, 2016 the City entered into a five year lease agreement with the SBBC for the continued use of the office facilities located on the McNicol Middle School campus in Hollywood.
The City and SBBC staff have negotiated a new lease agreement to include a five-year term, with an option to terminate by either party upon a 180 day written notice to the other party.
Fiscal Impact:
A portion of the funding for this agreement is available in the FY 2022 Operating Budget in account number 001.300101.57200.544020.000000.000.000 and will be budgeted in subsequent fiscal years’ operating budgets subject to the approval and adoption by the City Commission.
Recommended for inclusion on the agenda by:
David Vazquez, Assistant Director, Parks, Recreation and Cultural Arts
Ricky Engle, Director, Parks, Recreation and Cultural Arts
Gus Zambrano, Assistant City Manager, Sustainable Development