AGENDA CAPTION:
Title
Consider approval of Resolution 2020-77R, approving a commercial office lease amendment with Two Fold, LLC for the lease of the Women, Infants, and Children (WIC) Satellite Office at 641 North Walnut Avenue, New Braunfels, Texas for the purpose of extending the lease term for two additional years with an increase in rent from $1,575 to $1,600 per month the first year and $1,625 per month the second year; and authorizing the City Manager or his designee to execute the agreement on behalf of the City; and declaring an effective date.
Body
Meeting date: April 7, 2020
Department: Neighborhood Enhancement - WIC
Amount & Source of Funding
Funds Required: $38,700
Account Number: 52360 - multiple accounts
Funds Available: $38,700
Account Name: Building Rental
Fiscal Note:
Prior Council Action: Original lease approved August 7, 2018; first extension approved June 4, 2019.
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Background Information:
The WIC Program has leased this space since 2018; the amendment presented for approval extends the lease until July 31, 2022. The City of San Marcos receives reimbursement for all WIC expenses through a contract with the Texas Health and Human Services Commission (HHSC).
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