AN ORDINANCE authorizing the Superintendent of Parks and Recreation to execute a lease agreement between the City of Seattle and Selig Holdings Company, LLC, a Delaware limited liability company, for office space in the building located at 300 Elliott Avenue West, commonly known as the Elliott Bay Office Park; and ratifying and confirming certain prior acts.
Very good. Any further comments on this appointment? Those in favor of confirming the appointment. Please vote i. I. Those opposed vote no. The motion carries. The appointment is confirmed. Please read the report of the Finance and Neighborhoods Committee. Report to the Finance and Neighborhoods Committee Agenda Item three Council Vote 119 45 Authorizing the Superintendent of Parks Recreation to execute a lease agreement between the City of Seattle and Selick Holdings Company, LLC, a Delaware limited liability company for office space in the building located 300 Elliott Avenue West, commonly known as the Elliot Bay Office Park in Rhode Island, confirming certain prior acts committee recommends the bill pass. Councilwoman Gonzalez And thanks for filling in for Councilmember Bagshaw, councilman, because I would set the floor. Thank you. Council President. Council Bill 119485 would authorize the Superintendent of Parks and Recreation to enter into a 15 year lease for office space at 300 Elliott Avenue West. This lease can be renewed two additional years for five year terms for a total of up to 25 years. The total space being leased is 28,000 square feet, which again can be increased by up to 4000 square feet within the first five years of the lease, the lease rate is at $33 a square foot or $924,000 a year. The lease rate will increase annually by $1 a square foot starting in 2021. This new lease signifies the moving of 113 staff members of the Parks and Recreation Department that will be moved from the current office space in the RTA building in the Chinatown International District. The current lease in that particular building in the current building expires in November of this year. So there is a sense of urgency around timeliness of action on the City Council bill to allow for this move to begin to occur. The location of this new office space is also very close to the main Parks Administration building in Denny Park, which, in addition to the favorable lease rate terms, made this a good choice for the new space. This ordinance was considered in the Financing Neighborhoods Committee on March 22nd, and it is the committee's unanimous recommendation that this that the city council pass this council bill. Thank you very much. Are there any comments or questions? If not, please call the rule on the passage of the Bill. Herbold by Johnson Misgender O'Brien. So John Gonzalez I President. Area high seven in favor and. Unopposed the bill passed and Cheryl sign it. Please read the report of the Human Services Secretary, the Parliament and Renters Rights Committee, both both items four and five Police.