Loading...
HomeMy WebLinkAbout~Master - Extension of lease for temporary Library facilites at 620 Lincoln Way RESOLUTION NO. 14-036 RESOLUTION APPROVING EXTENSION OF LEASE FOR TEMPORARY LIBRARY SPACES AT LINCOLN CENTER FOR THE CITY OF AMES,IOWA WHEREAS, on September 25, 2012, the City Council held a public hearing and approved an agreement to lease premises owned by Midwest Centers, LP for occupancy by the Ames Public Library during completion of the Library Renovation and Expansion Project; and, WHEREAS,the premises are located at 620 Lincoln Way(in the Lincoln Center),and were leased for the 21-month period from November 1, 2012,to July 31, 2014; and, WHEREAS,the Library collection,public service areas,and most staff work spaces are currently housed at Lincoln Center,and at the time the lease was executed,it was hoped that the permanent Library facility could be re-opened as early as July 2014, but it was contemplated that the timeline could be subject to change; and, WHEREAS,to that end,the terms of the Lincoln Center lease state that"The Tenant may, at its option, extend the term of this lease on a month-to-month basis for up to 12 additional months with the same base rent and under the same terms and conditions as the Original Term;" and, WHEREAS,the general contractor now expects substantial completion of the Library Renovation and Expansion Project toward the end of July,with delivery and installation of furniture and equipment is being scheduled during the month of July; and, WHEREAS, Systems testing and the move back to Douglas Avenue are now anticipated to take place in the month of August, and Library staff has determined that, even if the collection and other accoutrements can be relocated in August, additional time will be needed to sell or dispose of leftover furniture and shelving and to fully vacate the leased space; and, WHEREAS, on December 18, 2013, the Library Board of Trustees adopted a resolution recommending that the City Council exercise its option to extend the lease term with Midwest Centers, LP for the properties at 620 Lincoln Way for two additional months at the current lease rate of$14,300 per month. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Ames, Iowa, that the extension of the lease with Midwest Centers,LP, for 620 Lincoln Way for the months of August and September 2014 at the rate of$14,300 per month is hereby approved. ADOPTED THIS 14`" day of January, 2014. ut/ C04,1, cAa 44*- --JxAW-- Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Nelson Seconded by: Orazem Voting aye: Betcher, Corrieri, Gartin, Goodman, Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 14`h day of January, 2014.