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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 years; the amount will be trued up at the five‑year mark and the county will pay its portion of operating costs as required by the lease.
Staff said the leased space is roughly 17,500 square feet on the first floor and described benefits of co‑locating OhioMeansJobs in the advanced aviation/AM hub, including improved public access to services and better feeder‑relationships with local educational partners. Malcolm Thomas, introduced in the transcript as vice president of Aspire at Miami University, described airport plans and how co‑locating workforce services near the advanced air mobility hub could connect learners and employers; he said the arrangement could break down barriers to access: "Literally walk out the door... and get the services that they actually need," Thomas said.
Commissioners asked clarifying questions about the prepaid nature of the lease and cost allocation; staff explained the $858,517 estimate reflects operating expense estimates for the county's portion and will be trued up after five years. Commissioners did not vote on the lease during this meeting but were briefed on the arrangement.
Next steps: staff will continue negotiations with Miami University and provide the formal lease and financial details for commissioner action as required.
