Title
Lease of Office Space for Charlotte-Mecklenburg Police Department’s North Division Station
Action
Action:
A. Approve a lease with AF4 Charlotte Industrial, LLC, for 10,650 square feet of office space located at 10430 Harris Oaks Boulevard, Suite R (parcel identification number 025-111-05) for Charlotte-Mecklenburg Police Department’s North Division Station, and
B. Authorize the City Manager or his designee to negotiate and execute any documents necessary to complete this transaction.
Body
Staff Resource(s):
Dave Johnson, Police
Phil Reiger, General Services
Greg Crawford, General Services
Explanation
§ The Charlotte-Mecklenburg Police Department (CMPD) has been leasing space at Harris Oaks Business Park in Council District 4 since 2005.
§ The CMPD North Division will be relocating into a permanent facility at 1818 Mt. Holly-Huntersville Road in Council District 2 upon the completion of construction.
§ This short-term lease will cover the gap between when the current lease expires and construction of the the Northwest Division Station is completed.
§ The terms of the transaction are as follows:
- 24-month term with two, six-month extension options, and
- Rent in the amount of $20,412.50 per month ($23/square foot), with 4% increases at the end of the first 12 months and with each 6 month renewal. This rate is consistent with market rates.
§ This transaction is consistent with the Council-adopted City-Owned Real Estate and Facilities Policy.
Fiscal Note
Funding: Police Operating Budget
Attachments
Attachment(s)
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