City of Alexandria, Virginia
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MEMORANDUM
DATE: DECEMBER 5, 2018
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
DOCKET TITLE:
TITLE
Consideration and Approval of a Third Amendment to the Lease at 1900 North Beauregard Street.
BODY
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ISSUE: Consideration and approval of a Third Amendment to the lease agreement with Monday Properties, allowing the Department of Community and Human Services (DCHS) to operate and provide services to the public at 1900 North Beauregard Street.
RECOMMENDATION: That City Council authorize the Third Amendment to the lease agreement between the City of Alexandria and Monday Properties in order to extend the lease to September 20, 2022.
BACKGROUND: DCHS has been operating and providing services to the public at 1900 North Beauregard (“1900”) for over 10 years. The lease is due to expire on June 31, 2019. In order to time the end of the lease for 1900 North Beauregard with the availability of the proposed new DCHS leased space at 4850 Mark Center Drive, the lease for 1900 must be extended. Monday Properties has agreed to extend the lease for thirty-nine (39) months until September 30, 2022 requiring a Third Amendment to the existing lease. Extending the lease will allow the time needed to finalize and secure plans for the future site of DCHS operations.
FISCAL IMPACT: The City will pay $75,259 per month for a full-service lease with a three percent (3%) escalation annually.
ATTACHMENT: Letter of Intent for lease extension to 1900 North Beauregard
STAFF:
Laura Triggs, Deputy City Manager
Jeremy McPike, Director, General Services
Alfred Coleman, Deputy Director, General Services
Donna Poillucci, Deputy Director, General Services