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AI# 12976  Regular City Council Meeting 6.10. 11/05/2024:

Information

Agenda Item

Resolution - Community Development: Consider a resolution authorizing the Mayor to execute Contract 18452, and all related documents, with the Lubbock Housing Authority, for a lease of office space at 1708 Crickets Avenue, Lubbock, Texas, for the Community Development Department.

Item Summary

This lease for Community Development office space is located at 1708 Crickets Avenue, and is funded with Community Development Block Grant (CDBG) Administrative funds from the U.S. Department of Housing and Urban Development (HUD). The cost of the 394.166 square feet of space is $10 per square foot, plus $510.32 per month for cleaning services. The total monthly lease is $4,451.98, totaling $53,423.76 annually. The term is from October 1, 2024 to September 30, 2029.

Fiscal Impact

The annual cost of the lease is $53,423.76, and is funded by CDBG Administrative funds from HUD, so there is no fiscal impact on the General Fund.

Staff/Board Recommending

Bill Howerton, Deputy City Manager Karen Murfee, Director of Community Development

Attachments LHA Resolution LHA Lease

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