Title
Authorization to Amend Agreement with City of Phoenix Municipal Employees Association, an Arizona non-profit Corporation to Extend Term (Ordinance S-47798)
Description
Request to authorize the City Manager, or his designee, to execute an amendment to Agreement 142954 with City of Phoenix Municipal Employees Association, a non-profit corporation to extend the lease term for a five-year period. Further request to authorize the City Treasurer to accept all funds related to this item.
Report
Summary
City of Phoenix Municipal Employees Association (COPMEA) leases approximately 487 square feet of office and storage space controlled by the Public Works Department, on the 2nd floor of the Calvin C. Goode building located at 251 W. Washington St. The agreement will be amended to extend the term for a five-year period. Market rent for the space is approximately $6,000 per year. As consideration for the lease, COPMEA will provide in-kind services and/or donations having a value equivalent to the market value of the lease, which is $6,000 per year, which is within the range of market rents as determined by the Real Estate Division. The in-kind services and/or donations will be provided as follows: 1) a dedication for an improvement to the Parks and Recreation Department for one or more City parks of no less than $5,500 per year; and 2) gift baskets and other drawing donations for proceeds to benefit the Community Service Fund Drive, Hands and Hearts Faire of no less than $500 per year. COPMEA is a long-term tenant in good standing.
Financial Impact
The City will receive in-kind services and donations in the amount of no less than $6,000 per year.
Concurrence/Previous Council Action
The City Council approved Agreement 142954 (Ordinance S-42414) on April 6, 2016.
Location
251 W. Washington St.
Council District: 7
Department
Responsible Department
This item is submitted by Deputy City Manager Karen Peters and the Public Works and Finance departments.