STRATEGIC PRIORITY: Workforce, Education & Equity
AGENDA DATE: November 13, 2024
COUNCIL DISTRICT(S): 2
DEPARTMENT: Department of Facilities and Real Estate Management
EXECUTIVE: Donzell Gipson
______________________________________________________________________
SUBJECT
Title
Authorize a three-year lease agreement with Lua, LLC, for approximately 4,162 square feet of office space located at 7610 Stemmons Suite 190, to be used as a Northwest Building Inspection District Office for the period November 1, 2024 through October 31, 2027 - Not to exceed $247,235.72 - Financing: Building Inspection Fund (subject to annual appropriations)
Body
BACKGROUND
This item, on behalf of Planning and Development Services, authorizes a three-year lease agreement with Lua, LLC, for approximately 4,162 square feet of office space located at 7610 Stemmons, Suite 190, in an amount not to exceed $247,235.72, which also includes a one-time payment for certain leasehold improvements, performed by landlord. This lease will provide for a Northwest Building Inspection District Office.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action. The City Council was briefed by memorandum regarding this matter on November 8, 2024.
FISCAL INFORMATION
|
Fund |
FY 2025 |
FY 2026 |
Future Years |
|
Building Inspection Fund |
$78,950.00 |
$79,528.50 |
$88,757.22 |
OWNER/EXECUTIVE
Lua, LLC
Jaime D Barron, Managing Member
MAP
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