Referred to: The Public Works, Capital Projects and Transportation Committee (Chairwoman Petit and Legislators Fabiano, Litts, Nolan, and Stewart), and The Ways and Means Committee (Chairman Gavaris and Legislators Cahill, Fabiano, Ronk, and Walter)

Chairwoman of the Public Works, Capital Projects and Transportation Committee, Laura Petit, and Deputy Chair Dean J. Fabiano offer the following:

WHEREAS, this resolution has been submitted at the request of the County Executive on behalf of the Ulster County Office of Employment and Training and the department of Public Works; and

            WHEREAS, the Ulster County Office of Employment and Training desires to renew a 5 year lease at its current location at 521-599 Boices Lane, Town of Ulster, New York through a lease agreement with Le Kingston Trois LLC; and

            WHEREAS, the Commissioner of Public Works has requested to execute a lease agreement with Le Kingston Trois LLC, for a five (5) year term commencing October 1, 2022 and ending September 31, 2027, for an annual cost of $146,589.75 for the first year of the lease, with all utilities included and a maximum cost of $158,673.46 in the fifth year of the lease; and

            WHEREAS, rates during the five-year lease rent escalate starting at $14.25 a square foot in the first year; $14.54 a square foot in the second year; $14.83 a square foot in the third year; $15.12 a square foot in the fourth year and $15.42 a square foot in the fifth and final year of the lease agreement; and  

WHEREAS, the lease shall contain a clause which will allow the tenant, County of Ulster, the option to terminate the Lease for any or no reason whatsoever upon a sixty (60) day written notice to landlord, Le Kingston Trois LLC; now, therefore be it

RESOLVED, that the Chair of the Ulster County Legislature is hereby authorized to enter into a lease agreement with Le Kingston Trois LLC; 10,287 square feet of office space for the Ulster County Office of Employment and Training as filed with the Clerk of the Ulster County Legislature or as modified and approved by the County Attorney,

and move its adoption.

ADOPTED BY THE FOLLOWING VOTE:

AYES:                    NOES:            

Passed Committee: Public Works, Capital Projects and Transportation on  ___________.

Passed Committee: Ways and Means on  ___________.

FINANCIAL IMPACT:

$  36,648.00-  2022 BUDGETED APPROPRIATION DOLLARS  

$147,336.00 -  2023 ANTICIPATED APPROPRIATION DOLLARS  

$150,319.00 -  2024 ANTICIPATED APPROPRIATION DOLLARS 

$154,794.00 -  2025 ANTICIPATED APPROPRIATION DOLLARS 

$157,854.00 -  2026 ANTICIPATED APPROPRIATION DOLLARS

$  39,657.00 -  2027 ANTICIPATED APPROPRIATION DOLLARS