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| Resolution | NO. 150 |
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| | | | | | | | | A Resolution authorizing the City Manager to execute a sublease agreement between the Battle Creek Area Chamber of Commerce as Sublessor, and the City of Battle Creek, as Sublessee in the 2nd Floor of Tower III of Riverwalk Centre, located at 34 Jackson St W, Battle Creek, MI 49017.
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| | | | | | | | | BATTLE CREEK, MICHIGAN - 6/20/2017 | | | |
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Resolved by the Commission of the City of Battle Creek:
That the City Manager is authorized to execute the attached lease agreement at Riverwalk between the Battle Creek Area Chamber of Commerce, as sublessor, and The City of Battle, as sublessee to house CCDC employees assigned to carry out Economic Development duties for the City of Battle Creek. This authority is contingent upon the Battle Creek Area Chamber of Commerce first obtaining the Battle Creek Community Foundation's approval for this sublease agreement and legal review.
I, Victoria Houser, City Clerk of the City of Battle Creek, hereby certify the above and foregoing is a true and correct copy of a Resolution adopted by the Battle Creek City Commission at a Regular meeting held on June 20, 2017.
Victoria Houser
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| | | | | | | | | Battle Creek City Commission
6/20/2017
Action Summary | | | |
| | | | | | | | | | Staff Member: | Jill Humphreys Steele, City Attorney | | Department: | City Attorney |
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| | | | | | | | | SUMMARY
| A Resolution authorizing the City Manager to execute a sublease agreement between the Battle Creek Area Chamber of Commerce as Sublessor, and the City of Battle Creek, as Sublessee in the 2nd Floor of Tower III of Riverwalk Centre, located at 34 Jackson St W, Battle Creek, MI 49017.
| BUDGETARY CONSIDERATIONS
| The lease is for one year with a monthly base rent in the amount of $1,800 for an annual total of $21,600. Rent payments will be made from account #599.50.6000.940.030.
The lease is renewable on an annual basis, with a provision for adjustments in the rent based upon an amount equal to seventy-five percent (75%) of the percentage increase of the Consumer Price Index (CPI).
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HISTORY, BACKGROUND and DISCUSSION
| At the June 6, 2017 meeting, the City Commission approved a resolution authorizing a revision to the management agreement between CCDC and the City adding Economic Development duties. CCDC will be adding staff specifically to carry out the Economic Development duties, and they are intended to be housed at this location in Riverwalk Centre, pursuant to the attached lease.
Since the Battle Creek Community Foundation (BCCF) is the owner of this building, the Battle Creek Chamber of Commerce must first obtain BCCF's permission to enter into this sublease agreement with the City.
| DISCUSSION OF THE ISSUE
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| POSITIONS
| The City Manager and the Assistant City Manager are in support of this proposed lease agreement. |
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