University Medical Center of Southern Nevada
Board of Hospital Trustees
AGENDA ITEM
Petitioner: |
Mason Van Houweling, Chief Executive Officer |
Recommendation:
title
Approve and authorize the Chief Executive Officer to sign the First Amendment to Lease Agreement with HIP Valley View, LLC and University Medical Center of Southern Nevada (“UMC”); or take action as deemed appropriate. (For possible action)
body
FISCAL IMPACT:
Fund #: |
5420.000 |
Fund Name: |
UMC Operating Fund |
Fund Center: |
3000991100 |
Funded PGM/Grant: |
N/A |
Amount: |
Amendment 1 - additional $193,620 |
Description: |
Lease of offsite storage space |
Additional Comments: |
CBE: NRS 332.112.2 - Emergency Contracts Amendment 1 - extend for one (1) year from 8/1/2021 to 7/31/2022 |
BACKGROUND:
On September 1, 2020, the Board of Hospital Trustees ratified the emergency Lease Agreement (“Agreement”) for approximately 20,000 square feet of storage space from HIP Valley View, LLC. The total base rent due under the lease ($13,000/month) along with UMC’s share of operating expenses (taxes, insurance, common area maintenance) will not exceed $192,000 for the Term, August 1, 2020 through July 31, 2021. This Agreement required immediate execution to timely support UMC’s COVID-19 testing efforts in the Las Vegas community and provide short-term overflow space for the hospital’s needs. This emergency contract was done in accordance with NRS 332.112.2 as the lease supports UMC’s COVID-19 response.
This First Amendment requests to extend the Agreement for a one (1) year through July 31, 2022 to support hospital’s PPE storage needs.
UMC’s Chief Operating Officer has reviewed and recommends approval of this Amendment. This Amendment has been approved as to form by UMC’s Office of General Counsel.
HIP Valley View, LLC is currently in the process of applying for a Clark County business license.
This Amendment was reviewed by the Governing Board at their June 30, 2021 meeting and recommended for approval by the Board of Hospital Trustees.