Presenter
Presented by Mr. Peduto
Title
Resolution providing for the Lease Agreement with Peter N. & Maria DePasquale, owners; and/or other assignees or transferees for warehouse and office space together with the right to utilize right of way surrounding said property known as 88 Swinburne Road, Pittsburgh, PA 15213.
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor, the Director of the Department of General Services and the and the Director of the Department of Public Works on behalf of the City of Pittsburgh, are hereby authorized to enter into an Agreement(s) of Lease with Peter N. & Maria DePasquale, and/or other assignees or transferees, of certain indoor and outdoor space of approximately 26,400 square feet of building space and 63,158 square feet of property space for an initial term of five (5) years, in an amount not to exceed as follows: Sixty-nine thousand nine hundred and sixty dollars ($69,960.00) plus all applicable real estate taxes on said leased property for year one of the lease.
Sixty-nine thousand nine hundred and sixty dollars ($69,960.00) plus all applicable Real Estate Taxes on said leased property for year one (1) of the lease; Sixty-nine thousand nine hundred and sixty dollars ($69,960.00) plus escalation as per CPI calculations plus all applicable real estate taxes on said property for years two (2) through year five (5) for the purpose of securing space to be used as storage for equipment, materials, vehicles and office space by the Department of Public Works. Stipulated lease amounts are to be chargeable to and payable subject to and contingent upon the annual appropriation of funds for said Agreement of Lease from the following:
Lease Year One: Department of Public Works, Rent Equipment, in the amount of Sixty-nine thousand nine hundred and sixty dollars ($69,960.00) plus all applicable Real Estate Taxes on said leased property from Rent Equipment; Organization 421...
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