INTER-OFFICE MEMORANDUM April 4, 2023
TO: Patrick Davis, President, City Council
FROM: Timothy M. Keller, Mayor
SUBJECT: title
Lease Agreement between CLNKids (Cuidando Los Ninos) and the City of Albuquerque at John Marshall Health and Social Service Center at 1500 Walter SE
body
The City owns property known as the John Marshall Health and Social Service Center located at 1500 Walter SE. CLNKids wishes to lease 816 square feet of office space owned by the City for the purpose of providing Rapid Rehousing Programs for families staying in the Wellness Motels. The City and CLNKids wish to enter into a new lease agreement.
The proposed Lease Agreement is for a three (3) year term with two (2) two (2) year renewal periods, if the tenant is in compliance with the lease and if properly exercised. The proposed annual rent is $4,896.00 with a 2.5% escalation each year thereafter. The initial three (3) year term will generate $15,058.26 in revenue for the City.
This Lease Agreement is forwarded to City Council approval.
TITLE/SUBJECT OF LITIGATION: Lease Agreement between CLNKids (Cuidando Los Ninos) and the City of Albuquerque at John Marshall Health and Social Service Center at 1500 Walter SE.
Approved: Approved as to Legal Form:
____________________________ ____________________________
Lawrence Rael Date Lauren Keefe Date
Chief Administrative Officer City Attorney
Recommended:
____________________________
Carol M. Pierce, Director Date
Family and Community Services Department