CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Lisa Kremer, Director of Real Property Management |
Recommendation:
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Approve and authorize the Director of Real Property Management (Director) or her designee to sign the Amendment II to the Lease Agreement (Lease) between Clark County and Quail Park IV, LLC, for ±2,820 square feet of office space at 2820 W Charleston Blvd, Suite 15, Las Vegas, NV located on Assessor's Parcel Number 139-32-411-015 for the Ryan White Part A HIV/AIDS Program and authorize the Director or her designee to sign any other necessary documents related to management of the Lease. (For possible action)
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FISCAL IMPACT:
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Fund #: |
2031.000 |
Fund Name: |
N/A |
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Fund Center: |
1270111010 |
Funded PGM/Grant: |
N/A |
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Amount: |
$60,912 |
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Description: |
First year annual rent |
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Additional Comments: |
Funding from I/O 1270.RWT.2024 - 3015124 |
BACKGROUND:
On September 7, 2010, Clark County (County) entered into a Lease Agreement with QUAIL PARK IV, LLC (Lessor) along with Lease Amendment I (dated August 7, 2018) for the use of ±2,820 square feet of office space located at 2820 W Charleston Blvd., Ste. 15, Las Vegas, Nevada 89102 for the Ryan White Part A HIV/AIDS Program administered by Social Services (Lease). The Lease is due to expire on September 30, 2023 with no options to renew.
This Amendment II will extend the term of the Lease through September 30, 2028 with no options. The monthly rent will be $1.80 per square foot or $5,076.00 a month, full-service gross, and shall increase four percent (4%) annually.
This item was presented to the County Long Range Planning Committee on July 12, 2023.