ADOPTED - OCTOBER 12, 1999

Agenda Item No. 10

Introduced by the Administrative Services/Personnel and Finance Committees of the:

INGHAM COUNTY BOARD OF COMMISSIONERS

RESOLUTION APPROVING LEASE TERMS WITH NORTHWAY CENTER, L.L.C

RESOLUTION #99-240

WHEREAS, Northway Center, L.L.C. has proposed to lease the premises situated at 2200 S. Washington Avenue, City of Lansing, County of Ingham; and

WHEREAS, a portion of said property is currently leased to Quality Dairy; and

WHEREAS, the proposed lease shall apply to the entire parcel and be subject to the existing lease which the Lessee shall have the option of renegotiating as to location, as agreed to by Quality Dairy; and

WHEREAS, Northway Center, L.L.C., shall utilize said property for parking, and shall be responsible for making and maintaining the improvements (excavation, gravel and blacktop, fencing, lighting, and striping) necessary to make such site usable for parking; and

WHEREAS, the property was publically advertised as being available for lease and the only proposal received was from Northway Center, L.L.C, and

WHEREAS, the County Controller is recommending approval of the lease.

THEREFORE BE IT RESOLVED, that the Board of Commissioners authorizes a lease of the property to Northway Center, L.L.C. for a period of three years, to be improved and used for parking, for a sum of $115,200, payable in 36 equal installments at $3,200.00 per month, beginning November 1, 1999.

BE IT FURTHER RESOLVED, that the lease payments currently due from Quality Dairy shall continue to remain payable to the County of Ingham.

BE IT FURTHER RESOLVED, that should the lease with Quality Dairy terminate before the end of this lease, that the payments from Northway Center, L.L.C to the county will be increased by $790 per month.

BE IT FURTHER RESOLVED, that Northway Center, L.L.C. shall be responsible for all improvements and continuing maintenance of the property during the term of the lease.

BE IT FURTHER RESOLVED, that all leasehold improvements shall remain the property of Ingham County at the conclusion of the lease.

BE IT FURTHER RESOLVED, that Northway, L.L.C shall have the option to extend the lease for two additional one year periods, provided that the county wishes to extend the lease, and that an acceptable lease payment can be negotiated.

ADOPTED - OCTOBER 12, 1999

Agenda Item No. 10

RESOLUTION #99-240

BE IT FURTHER RESOLVED, that the County Attorney and the County Controller are directed to negotiate a lease based on this resolution, and that the Board Chair and County Clerk are authorized to sign said lease as approved to form by the County Attorney.

ADMINISTRATIVE SERVICES/PERSONNEL: Yeas: Czarnecki, McDonald, Lynch, Severino

Nays: None Absent: Minter Approved 10/5/99

FINANCE: Yeas: McDonald, Bernero, Grebner, Lynch, Juall

Nays: None Absent: Schafer, Minter Approved 10/6/99