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Resolution authorizing the Mayor and the Director of the Department of Human Resources and Civil Service to enter into an Amended Lease Agreement or Agreements with Wood Street Commons Commercial LLC to continue leasing office space in 304 Wood Street for the Pittsburgh Partnership for a sum not to exceed One Million Three Hundred Fifty-Nine Thousand Six Hundred Fifty-Four Dollars and Eighty-Two Cents ($1,359,654.82) over five years, and for the payment of the costs thereof.
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Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor and the Director of the Department of Human Resources and Civil Service, on behalf of the City of Pittsburgh, are hereby authorized to enter into an Amended Lease Agreement or Agreements with Wood Street Commons Commercial LLC to continue leasing office space in 304 Wood Street for the Pittsburgh Partnership for a sum not to exceed One Million Three Hundred Fifty-Nine Thousand Six Hundred Fifty-Four Dollars and Eighty-Two Cents ($1,359,654.82) over five years, subject to annual appropriation by City Council for future years.
Funds shall be paid from the following accounts:
2021: $261,264.00 from 1090230000.54501.00
2022: $266,548.41 from 1090230000.54501.00
2023: $271,832.68 from 1090230000.54501.00
2024: $277,239.84 from 1090230000.54501.00
2025: $282,769.89 from 1090230000.54501.00
Section 2. Said Agreement or Agreements shall be approved by the City Solicitor as to form and substance.