FISCAL IMPACT:
Building occupancy reimbursement 100% General Fund
Additional rent for tenant improvement reimbursement 100% DCD.
BACKGROUND:
LAFCO currently occupies space at the County Administration Building at 651 Pine Street in Martinez. In anticipation of the closure of the Administration Building, LAFCO is being relocated to currently unoccupied space within the County-owned building at 40 Muir Road. The building at 40 Muir Road is the site of a portion of the Public Works Department and the Department of Conservation and Development. The base rent, equal to 3.2% of the cost of operating and maintaining the building is intended to allocate to LAFCO its pro rata share of the cost of operating and maintaining the building. The additional rent of $1,000 per month to be paid by LAFCO is intended to reimburse the County for the cost of tenant improvements.
CONSEQUENCE OF NEGATIVE ACTION:
If the lease is not approved, LAFCO will have to move to a different location and, potentially pay higher rent.