TO: Honorable Mayor & Members of the North Port Commission
FROM: Peter D. Lear, CPA, CGMA, City Manager
TITLE: Amended Family Service Center Tenant Lease Amended Agreement with Literacy Volunteers of South Sarasota County (LVSSC) at a cost of $9.50/sq. ft. for an annual lease in the amount of $4,883.00, or 12 monthly payments of $406.92.
Recommended Action
Approve the Amended Family Service Center Tenant Lease Agreement with Literacy Volunteers of South Sarasota County (LVSSC) for a term of one-year, effective November 13, 2019, to provide 514 square feet of furnished office space (Suite B) in the Family Service Center at a cost of $9.50/sq. ft. for an annual lease of $4,883, or 12 monthly payments of $406.92.
Background Information
At the September 24, 2019 Commission Meeting, Commission directed staff to revise the Family Service Center leases on their expiration dates, to reflect the updated square footage amount. On September 24, 2019, the square footage amount was reduced to $9.50 from $14.00 per square foot.
Literacy Volunteers of South Sarasota County train volunteers, interview adults who request services, match tutors with adult students and provide training materials/resources. In addition, they offer on-going support for tutors and students that include citizenship and English classes.
This tenant lease agreement has been reviewed by the City Attorney’s office.
Strategic Plan
Enhanced Public Trust through Responsible City Government
Financial Impact
At a rate of $9.50 per square foot, the revenue projections will decrease from an annual rental amount of $7,196.04 to $4,883.00.
Procurement
N/A
Attachments:
1. 2017 LVSSC Executed Lease Agreement
2. Amended Lease Agreement - LVSSC
Prepared by: Janet Carrillo, Social Services Manager
Department Director: Frank Miles, Neighborhood Development Services Department Director