Title
First Amendment to Lease Agreement between Amidon Partners, Ltd. and Sedgwick County for space at 1919 N. Amidon - Suites 100, 130, 211 and 219 for COMCARE Outpatient Services and Primary Care Integration Initiative.
Body
Recommended Action: Approve the Lease Amendment contingent upon Primary Care Integration capital improvement project approval on October 1, 2014 Board of County Commissioners Regular Agenda.
Sedgwick County has leased space at 1919 N. Amidon for COMCARE's Outpatient Services program since 1995. The leased space includes four suites with a total of 13,848 square feet on the first and second floors of this multi-tenant building. A capital improvement project for this location is on the October 1 Board of County Commissioners Agenda. The goal of this capital improvement project is to remodel Suite 100 to be suitable for COMCARE's Primary Care Integration initiative.
This First Amendment to Lease Agreement includes a "Refund of Construction Costs" section. This clause protects the County's construction investment in the unlikely event that the landlord requests to terminate the lease prior to the end of the term. Likewise, the lease term is being extended through September 30, 2019, along with two additional one-year renewal terms, potentially extending the lease through September 30, 2021. This ensures that the program will have continued ability to use the remodeled facility for the foreseeable future.
The County retains the standard option to terminate the lease with a 120 day notice and the lease rate is scheduled to remain at the current rate of $14,690.42 per month, or $12.73 per square foot for the entire term of this full service lease.
Alternatives: The BOCC could choose to not approve this First Amendment to Lease Agreement, in which case COMCARE would continue to operate at the location under the original lease terms.
Financial Considerations: Continued lease rate of $176,285.04 per year and split betwee...
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