AGENDA CAPTION:
Title
Consider approval of Resolution 2021-29R, approving a first lease modification and extension agreement providing for a five year extension of the commercial lease for the space at 550 North Highway 123 Bypass, Seguin, Texas for the operation of a WIC Program Satellite Office, authorizing the City Manager, or his designee, to execute said lease; and declaring an effective date.
Body
Meeting date: March 2, 2021
Department: Neighborhood Enhancement - WIC Program
Amount & Source of Funding
Funds Required: $160,828 over the life of the 5-year lease extension (starting at $29,932 per year with annual increases and adjustments for NNN adjustments)
Account Number: 52360 - Building Rental, paid out of 3 WIC divisions
Funds Available: $160,828
Account Name: 52360 - Building Rental, paid out of 3 WIC divisions
Fiscal Note:
Prior Council Action: Original lease approved by City Council - 2016-71R
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Background Information:
Our Seguin WIC office has been at this location since 2016. It is conveniently located with plenty of space for staff and clients. Our current monthly payment for the Seguin WIC office is $2,493.76; $1,376.49 base rent, plus $1,117.27 NNN (CAM/Common Area Maintenance, insurance, and tax). The City of San Marcos receives 100% reimbursement from the Texas Health and Human Services Commission for WIC Program expenses.
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Recommendation:
Staff recommendation is to approve this lease extension to keep the Seguin WIC office in its current location.