Board authorizes 30-day lease extensions for DSS and state agency while negotiations continue
Because lease negotiations with the Department of Social Services and the Department of General Services had not concluded before lease expirations, the IDA authorized the chairman to execute 30‑day extensions under current terms for both leases to bridge July while talks continue.
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IDA staff told the board that lease negotiations with the Department of General Services and the Department of Social Services had not been finalized before the current lease expiration and recommended an interim extension. The board voted to authorize the chairman to execute 30-day extensions of both leases under existing terms to cover July.
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