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County outlines 20‑year prepaid lease with Miami University for OhioMeansJobs office
Summary
Staff described a 20‑year prepaid lease with Miami University for space at 101 Knightsbridge Drive to house the OhioMeansJobs center (about 17,500 sq ft); estimated prepaid operating expenses of $858,517 were presented to cover the first five years and will be trued up at five years.
County staff described a lease agreement under negotiation with the Board of Trustees of Miami University for a 20‑year prepaid lease of office space at 101 Knightsbridge Drive to house the county's OhioMeansJobs center. Staff said the arrangement covers operating expenses (common area maintenance, janitorial, utilities) and presented an estimated prepaid amount of $858,517 to cover operating expenses for the first five…
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