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County moves ahead with Building G1 renovation for Department of Revenue; lease described as favorable
Summary
Contract with Duckworth Development to renovate Building G1 for the State Department of Revenue was presented for approval; staff noted the multiyear lease has been favorable and rent per square foot will increase as the agency reduces its footprint.
Prather presented a contract with Duckworth Development to renovate Building G1 for the State Department of Revenue. The Department of Revenue is reducing its footprint from two floors to one, which triggers state-required renovations; the county has an existing lease with the agency and staff said rent revenue has been strong.
A county commissioner noted the lease had likely paid for the purchase of the three buildings and that the county has discussed alternative uses for the vacated second floor. The renovation contract was moved to the consent agenda and approved; staff did not provide an exact contract dollar amount in the transcript.
