File #: 25-1990   
Status: Passed
File created: 2/20/2025 In control: Clark County Board of Commissioners
On agenda: 3/4/2025 Final action: 3/4/2025
Title: Approve and authorize the Director of Real Property Management or her designee to sign the Third Amendment to Lease Agreement between Clark County and Moore Family Agency, Inc. d/b/a Allstate Insurance for ?2,146 square feet of office space located at 1291 Galleria Drive #125A (Assessor's Parcel Number 178-03-110-022); and authorize the Director or her designee to sign any other necessary documents related to management of the lease. (For possible action)
Attachments: 1. Staff Report, 2. Allstate Back up

CLARK COUNTY BOARD OF COMMISSIONERS

AGENDA ITEM

 

Petitioner:

Shauna Bradley, Director of Real Property Management

Recommendation: 

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Approve and authorize the Director of Real Property Management or her designee to sign the Third Amendment to Lease Agreement between Clark County and Moore Family Agency, Inc. d/b/a Allstate Insurance for ±2,146 square feet of office space located at 1291 Galleria Drive #125A (Assessor's Parcel Number 178-03-110-022); 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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Funded PGM/Grant:

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Additional Comments:

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BACKGROUND: 

On October 31, 2018, Clark County (County) purchased 1291 Galleria Drive Henderson, NV 89014 (Galleria).

Through the acquisition, the County assumed the existing leases; and as to date, the County has one remaining non-County tenant (Allstate) until March 31, 2027 when the lease expires.

To simplify billing procedures, this proposed Amendment 3 will revise Allstate’s share of operating expenses to a flat fee of $771.00 (CAM) with an annual three percent (3%) escalation.  County may increase the CAM if determined to be insufficient to pay the operating expenses.

This item was presented to the County's Long Range Planning Committee on January 28, 2025.