TITLE
Title
LEASE OF OFFICE SPACE AT 505 E. GREEN STREET; 211 S. CENTENNIAL STREET, HIGH POINT, NC; 201 S. EUGENE STREET; AND 232 N. EDGEWORTH STREET, GREENSBORO, NC
end
SPONSOR
Sponsor
Robert McNiece
end
BACKGROUND
Background
The STATE OF NORTH CAROLINA, specifically the Department of Public Safety, and Guilford County wish to enter into a lease of office space for 3,308 square feet at 505 E. Green Street, High Point, NC; 11,250 square feet at 211 S. Centennial Street, High Point, NC; 3,166 net square feet at 201 S. Eugene Street, Greensboro, NC; and 24,818 net square feet at 232 N. Edgeworth Street, Greensboro, NC, with a term of three (3) years beginning on September 1, 2016 and expiring on August 31, 2019. The lease rate will be $1.00 per term. The lease of space to the State Department of Public Safety for the use of Probation and Parole functions is required by Statute.
end
BUDGET IMPACT
Budget Impact
NO ADDITIONAL COUNTY FUNDS REQUIRED
end
REQUESTED ACTION
Requested Action
Approve, in substantial form, a three (3) year lease agreement for rental of office space on the existing tower located at 505 E. Green Street and 211 S. Centennial Street, High Point, NC, AND 201 S. Eugene Street and 232 N. Edgeworth Street, Greensboro, NC; and authorize staff to take all reasonable actions to finalize and execute said lease.
end