Presenter
Presented by Mr. Kraus
Title
Resolution authorizing and providing for an extension and/or amendment of lease agreement and/or agreements with Associated Investors, Inc. of certain indoor office space occupied by the Citizen Police Review Board for a term of five (5) years at a cost not to exceed $57,500 per lease year for the first thirty (30) months of the lease term and $60,000 per lease year for the remaining thirty (30) months of the lease term.
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor, Executive Director of the Citizen Police Review Board and the Director of Public Works Finance, on behalf of the City of Pittsburgh, are hereby authorized to enter into an extension agreement and/or amendment of the Lease Agreement and/or agreements, in a form approved by the City Solicitor, for the leasing of the CPRB's office premises comprised of approximately 5000 sq. ft. of certain office space located at the Mutual Building, 816 Fifth Avenue, with Associated Investors Inc., for a term of five (5) years commencing June 1, 2008 and concluding May 31, 2013, at a cost not to exceed Fifty seven thousand five hundred dollars ($57,500) per lease year for the first thirty (30) months of the lease term, and Sixty thousand dollars ($60,000) per lease year for the remaining thirty (30) months of the Lease Term, contingent upon annual appropriation of funds.
Said amounts shall be chargeable to and payable from Fund: 1000, Sub: 140, Organization: 999900, Account: 560100, Budget Year: 2008.