Item Description:
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Neg Amd 5 to Lease Agmt A2110797 with American Indian Community Development Corporation for rental space at 1800 Chicago Avenue in Mpls, extending the contract period to 06/30/27 ($248,550 estimated first year rent)
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Resolution:
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BE IT RESOLVED, that the County Administrator be authorized to negotiate Amendment 5 to Lease Agreement A2110797 with American Indian Community Development Corporation for leased space at 1800 Chicago Avenue, Minneapolis, extending the lease through June 30, 2027, in the estimated receivable amount of $248,550 for the first year rent and operating expenses; that following review and approval by the County Attorney’s Office, the Chair of the Board be authorized to sign the amendment on behalf of the county, and that the Controller be authorized to accept and disburse funds as directed.
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Background:
American Indian Community Development Corporation (“AICDC”) has provided withdrawal management/detoxification services at 1800 Chicago since 2002. Through Lease Agreement A2110797 AICDC currently leases 18,688 square feet at 1800 Chicago, where it operates 65 beds. The current lease term is scheduled to expire on June 30, 2025. The Fifth Amendment to Lease Agreement A2110797 will extend the lease term by two (2) years from July 1, 2025, through June 30, 2027. The rent structure will remain unchanged with AICDC paying their pro-rata share of operating expenses, which are estimated at $248,550 for the first year. Both the county and AICDC will continue to have the right to cancel the lease with 120 days prior written notice.
Current Request:
Authorization is sought to negotiate Amendment 5 to Lease Agreement A2110797 with American Indian Community Development Corporation to extend the lease two (2) years through June 30, 2027, in the estimated receivable amount of $248,550 for the first year.
Impact/Outcomes:
Approval of Amendment 5 to Lease Agreement A2110797 will allow AICDC to continue providing withdrawal/detoxification services at 1800 Chicago Avenue.
recommendation
Recommendation from County Administrator: Recommend Approval