Item Description:
title
Ratification of permits, leases, lease amendments, and related property agreements approved by the County Administrator, 10/01/24-12/31/24, total NTE $15,000
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Resolution:
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BE IT RESOLVED, that the agreements listed on the report entitled “Quarterly Summary of Real Estate Documents Executed by Administrator, Fourth Quarter 2024: 10/1/24 - 12/31/24, dated December 31, 2024” and the administration of all leases within the building located at 701 4th Avenue South, Minneapolis be ratified.
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Background:
Pursuant to Resolution 97-04-238, dated April 29, 1997, the County Board authorized the County Administrator to sign temporary permits, licenses, leases, lease amendments, and related property agreements, provided that the resulting expenditure does not exceed $15,000 per year; and pursuant to Resolution 11-0339, dated August 16, 2011, the County Board delegated the County Administrator the responsibility for the management and administration of all leases within the building located at 701 4th Avenue South, Minneapolis; and that following review and approval by the County Attorney’s Office, the County Administrator be authorized to sign all leasing documents.
Current Request:
Ratification is requested of those agreements signed by the County Administrator for the period October 1, 2024 through December 31, 2024, as identified on the report entitled, "Quarterly Summary of Real Estate Documents Executed by Administrator, Fourth Quarter 2024: 10/1/24 - 12/31/24, dated December 31, 2024” and the administration of all leases within the building located at 701 4th Avenue South, Minneapolis.
recommendation
Recommendation from County Administrator: Recommend Approval