DEPARTMENT: Parks, Facilities, and Fleet Management
FILE TYPE: Consent Action
TITLE
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Authorization To Execute Lease Agreement Amendment With University Of Minnesota Regional Extension For Office Space Located At Extension And Conservation Center
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PURPOSE/ACTION REQUESTED
Authorize the execution of a Lease Agreement Amendment with the University of Minnesota (U of MN) Regional Extension office for office space located at the Dakota County Extension and Conservation Center.
SUMMARY
The U of M Regional Extension office leases space from Dakota County in the Extension and Conservation Center located in Castle Rock Township. Since the lease began in January 2004, the U of MN occupied this space and provided services throughout the region. The lease expired on June 30, 2023, at which point the lease went on a month-to-month basis in the amount of $4,627.27 per month, pending future ownership considerations of the facility. The U of M and Dakota County have now agreed to the terms of a one-year lease agreement amendment commencing on October 1, 2024, through September 30, 2025, with five successive one-year options (Attachment: Draft Lease Agreement Amendment). This rate of $4,766.09 per month is a three percent increase each year from the previous lease rate.
Facilities Management, the County Attorney's Office, and the U of M have agreed to the terms to execute an agreement amendment.
RECOMMENDATION
recommendation
Staff recommends execution of the lease agreement amendment with the U of M Regional Extension Office.
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EXPLANATION OF FISCAL/FTE IMPACTS
Revenue from this lease is included in the 2024 Facilities Management Adopted Budget and is included in the 2025 County Manager's Recommended Budget.
? None ? Current budget ? Other
? Amendment Requested ? New FTE(s) requested
RESOLUTION
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WHEREAS, the Dakota County Board of Commissioners must approve all leases and license agree...
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