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art.011/5/011/4/011/3/011/2/011/1 | ||
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1 | ARTICLE 11 AS AMENDED | |
2 | RELATING TO LEASE AGREEMENTS FOR LEASED OFFICE AND OPERATING SPACE | |
3 | SECTION 1. This article consists of a Joint Resolution that is submitted pursuant to Rhode | |
4 | Island General Law § 37-6-2(d) authorizing various lease agreements for office space and operating | |
5 | space. | |
6 | SECTION 2. Department of Human Services (31 John Clarke Road, Middletown). | |
7 | WHEREAS, the Department of Human Services currently occupies approximately 4,400 | |
8 | square feet at 31 John Clarke Road in the Town of Middletown; | |
9 | WHEREAS, the Department of Human Services currently has a current lease agreement, | |
10 | in full force and effect, with Child and Family Services of Newport County for approximately 4,400 | |
11 | square feet of office space located at 31 John Clarke Road, Middletown; | |
12 | WHEREAS, the existing lease expires on November 30, 2023, and the Department of | |
13 | Human Services wishes to exercise its option to renew this lease for an additional five (5) year | |
14 | term; | |
15 | WHEREAS, the State of Rhode Island, acting by and through the Department of Human | |
16 | Services, attests to the fact that there are no clauses in the lease agreement with Child and Family | |
17 | Services of Newport County that would interfere with the Department of Human Services lease | |
18 | agreement or use of the facility; | |
19 | WHEREAS, the leased premises provide a critical location for the offices of the | |
20 | Department of Human Services from which the agency can fulfill its mission; | |
21 | WHEREAS, the annual base rent in the agreement in the current fiscal year, ending June | |
22 | 30, 2023, is $88,989.18; | |
23 | WHEREAS, the anticipated annual base rent of the agreement in each of the five (5) years | |
24 | of the renewal term will not exceed $97,196.00; | |
25 | WHEREAS, the payment of the annual base rent will be made from funds available to the | |
26 | Department of Human Services for the payments of rental and lease costs based on annual | |
27 | appropriations made by the General Assembly; and | |
28 | WHEREAS, the State Properties Committee now respectfully requests the approval of the | |
29 | General Assembly for the lease agreement between the Department of Human Services and Child | |
30 | and Family Services of Newport County for leased space located at 31 John Clarke Road, | |
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1 | Middletown; now therefore be it | |
2 | RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the | |
3 | lease agreement, for a term not to exceed five (5) years and an aggregate base rent not to exceed | |
4 | $485,980.00; | |
5 | RESOLVED, that this Joint Resolution shall take effect upon passage by the General | |
6 | Assembly; | |
7 | RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly | |
8 | certified copies of this resolution to the Governor, the Director of the Department of Human | |
9 | Services, the Director of Administration, the State Budget Officer, and the Chair of the State | |
10 | Properties Committee. | |
11 | SECTION 3. Department of Human Services (125 Holden Street, Providence). | |
12 | WHEREAS, the population who resides in the Greater Providence area and who qualifies | |
13 | for Department of Human Services programming has a demonstrable need for a second customer | |
14 | service center in the capital city that is readily accessible to residents and includes adequate parking; | |
15 | WHEREAS, the Department of Administration has conducted of review of its State-owned | |
16 | inventory of space. Based on this review, the current State-owned building inventory does not | |
17 | include office space that can accommodate the space requirements of the Department of Human | |
18 | Services; | |
19 | WHEREAS, it is anticipated that effective January 17, 2023, the Department of Human | |
20 | Services will enter into a one-year lease for a property located at 125 Holden Street, Providence, | |
21 | which features a 17,000 square foot office space that meets these requirements, including fifty (50) | |
22 | parking spaces; | |
23 | WHEREAS, the annual base rent for the first year of the agreement is $476,000.00; | |
24 | WHEREAS, it is anticipated that the annual base rent of the new lease agreement in each | |
25 | of the ten five years of the term increases annually by the greater of (i) the percentage increase in | |
26 | the Consumer Price Index (the “CPI”) as published in the Bureau of Labor Statistics on December | |
27 | 31 of each lease year or (ii) three percent (3%); | |
28 | WHEREAS, the payment of the annual base rent will be made from funds available to the | |
29 | Department of Human Services for the payments of rental and lease costs based on annual | |
30 | appropriations made by the General Assembly; | |
31 | WHEREAS, tenant shall have the right, at its election, to extend the Term of this lease for | |
32 | one (1) option to extend the Term for five (5) years, (the "Option Term" or "Renewal Term"), | |
33 | provided however, that (i) Landlord receives written notice from Tenant of such exercise at least | |
34 | twelve (12) months prior to the expiration of the Term of Lease, and (ii) Landlord and Tenant | |
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1 | negotiate in good faith and reach agreement on the Rent and all of the other terms and conditions | |
2 | applicable to the Option Term at least seven (7) months prior to the expiration of the initial Term | |
3 | of lease. This Option Term is subject to Rhode Island General Assembly funding approval and | |
4 | approval by the State Properties Committee; | |
5 | WHEREAS, the State Properties Committee now respectfully requests the approval of the | |
6 | General Assembly for the lease agreement between the Department of Human Services and 125 | |
7 | Holden St. LLC, for the office space located at 125 Holden St. in the City of Providence, Rhode | |
8 | Island; now therefore be it | |
9 | RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the | |
10 | lease agreement, for a term not to exceed five (5) years and an aggregate base rent not to exceed | |
11 | $2,527,148.65; | |
12 | RESOLVED, that this joint resolution shall take effect upon passage by the General | |
13 | Assembly; | |
14 | RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly | |
15 | certified copies of this resolution to the Governor, the Director of the Department of Human | |
16 | Services, the Director of Administration, the State Budget Officer, and the Chair of the State | |
17 | Properties Committee. | |
18 | SECTION 4. Department of Human Services (One Reservoir Avenue, Providence) | |
19 | WHEREAS, The Department of Human Services and the Department of Labor and | |
20 | Training currently occupy 25,000 square feet at One Reservoir Avenue in the City of Providence; | |
21 | and | |
22 | WHEREAS, the Department of Labor and Training has a current lease agreement in full | |
23 | force and effect, with First Reservoir, LLC for 25,000 square feet of office space located at One | |
24 | Reservoir Avenue; and | |
25 | WHEREAS, the Department of Labor and Training will be vacating the leased premises | |
26 | effective June 30, 2023 and the Lease, with the Landlord's written consent, will be assigned to the | |
27 | Department of Human Services; and | |
28 | WHEREAS, the existing lease expires on June 30, 2023 and the Department of Human | |
29 | Services wishes to exercise its option to renew this lease for an additional term; and | |
30 | WHEREAS, the State of Rhode Island, acting by and through the Department of Human | |
31 | Services attests to the fact that there are no clauses in the lease agreement with First Reservoir, | |
32 | LLC that would interfere with the Department of Human Services lease agreement or use of the | |
33 | facility; and | |
34 | WHEREAS, the leased premises provide a critical location for the offices of the | |
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1 | Department of Human Services from which the organization can fulfill its mission; and | |
2 | WHEREAS, the annual base rent in the agreement in the current fiscal year, ending June | |
3 | 30, 2023 is $579,250.00; and | |
4 | WHEREAS, the anticipated annual base rent in years 1-2 of the term shall not exceed | |
5 | $579,250.00, the anticipated annual base rent in years 3-5 of the term shall not exceed $593,731.25; | |
6 | and | |
7 | WHEREAS, the payment of the annual base rent will be made from funds available to the | |
8 | Department of Human Services for the payments of rental and lease costs based on annual | |
9 | appropriations made by the General Assembly; and | |
10 | WHEREAS, the State Properties Committee now respectfully requests the approval of the | |
11 | Rhode Island House of Representatives and the Rhode Island Senate for the lease agreement | |
12 | between the Department of Human Services and First Reservoir, LLC for leased space located at | |
13 | One Reservoir Avenue, Providence; now therefore be it | |
14 | RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the | |
15 | lease agreement, for a term not to exceed five (5) years and an aggregate base rent not to exceed | |
16 | $2,939,693.75; and it be further | |
17 | RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly | |
18 | certified copies of this resolution to the Governor, the Director of the Department of Human | |
19 | Services, the Director of Administration, the State Budget Officer, and the Chair of the State | |
20 | Properties Committee. | |
21 | SECTION 5. Department of Children, Youth and Families (530 Wood Street, Bristol). | |
22 | WHEREAS, the Department of Children, Youth and Families currently occupies | |
23 | approximately 15,693 square feet at 530 Wood Street in the Town of Bristol; | |
24 | WHEREAS, the Department of Children, Youth and Families currently has a current lease | |
25 | agreement, in full force and effect, with WSA Property, Inc. for approximately 15,693 square feet | |
26 | of office space located at 530 Wood Street, Bristol; | |
27 | WHEREAS, the existing lease expires on July 31, 2023, and the Department of Children, | |
28 | Youth and Families wishes to exercise its option to renew this lease for an additional five (5) year | |
29 | term; | |
30 | WHEREAS, the State of Rhode Island, acting by and through the Department of Children, | |
31 | Youth and Families, attests to the fact that there are no clauses in the lease agreement with WSA | |
32 | Property, Inc. that would interfere with the Department of Children, Youth and Families lease | |
33 | agreement or use of the facility; | |
34 | WHEREAS, the leased premises provide a critical location for the offices of the | |
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1 | Department of Children, Youth and Families from which the agency can fulfill its mission; | |
2 | WHEREAS, the annual base rent in the agreement in the current fiscal year, ending June | |
3 | 30, 2023 is $356,701.80; | |
4 | WHEREAS, the anticipated annual base rent of the agreement in each of the five (5) years | |
5 | of the renewal term will not exceed $337,399.50 in years one (1) through three (3) and $353,092.50 | |
6 | in years four (4) through five (5); | |
7 | WHEREAS, the payment of the annual base rent will be made from funds available to the | |
8 | Department of Children, Youth and Families for the payments of rental and lease costs based on | |
9 | annual appropriations made by the General Assembly; and | |
10 | WHEREAS, the State Properties Committee now respectfully requests the approval of the | |
11 | General Assembly for the lease agreement between the Department of Children, Youth and | |
12 | Families and WSA Property, Inc. for leased space located at 530 Wood Street, Bristol; now | |
13 | therefore be it | |
14 | RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the | |
15 | lease agreement, for a term not to exceed five (5) years and an aggregate base rent not to exceed | |
16 | $1,718,383.50; | |
17 | RESOLVED, that this Joint Resolution shall take effect upon passage by the General | |
18 | Assembly; and be it further | |
19 | RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly | |
20 | certified copies of this resolution to the Governor, the Director of the Department of Children, | |
21 | Youth and Families, the Director of Administration, the State Budget Officer, and the Chair of the | |
22 | State Properties Committee. | |
23 | SECTION 6. Department of Revenue (2000 Diamond Hill Road, Woonsocket). | |
24 | WHEREAS, the Department of Revenue currently occupies approximately 4,877 square | |
25 | feet at 2000 Diamond Hill Road in the City of Woonsocket; | |
26 | WHEREAS, the Department of Revenue currently has a current lease agreement, in full | |
27 | force and effect, with Woonsocket Mall, LLC for approximately 4,877 square feet of office space | |
28 | located at 2000 Diamond Hill Road, Woonsocket; | |
29 | WHEREAS, the existing lease expires on November 30, 2023 and the Department of | |
30 | Revenue wishes to exercise its option to renew this lease for an additional five (5) year term; | |
31 | WHEREAS, the State of Rhode Island, acting by and through the Department of Revenue, | |
32 | attests to the fact that there are no clauses in the lease agreement with Woonsocket Mall, LLC that | |
33 | would interfere with the Department of Revenue lease agreement or use of the facility; | |
34 | WHEREAS, the leased premises provide a critical location for the offices of the | |
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1 | Department of Revenue from which the agency can fulfill its mission; | |
2 | WHEREAS, the annual base rent in the agreement in the current fiscal year, ending June | |
3 | 30, 2023 is $75,770.00; | |
4 | WHEREAS, the anticipated annual base rent of the agreement in each of the five (5) years | |
5 | of the renewal term will not exceed $78,519.70; | |
6 | WHEREAS, the payment of the annual base rent will be made from funds available to the | |
7 | Department of Revenue for the payments of rental and lease costs based on annual appropriations | |
8 | made by the General Assembly; | |
9 | WHEREAS, the State Properties Committee now respectfully requests the approval of the | |
10 | General Assembly for the lease agreement between the Department of Revenue and Woonsocket | |
11 | Mall, LLC for leased space located at 2000 Diamond Hill Road; now therefore be it | |
12 | RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the | |
13 | lease agreement, for a term not to exceed five (5) years and an aggregate base rent not to exceed | |
14 | $392,598.50; | |
15 | RESOLVED, that this Joint Resolution shall take effect upon passage by the General | |
16 | Assembly; | |
17 | RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly | |
18 | certified copies of this resolution to the Governor, the Director of the Department of Revenue, the | |
19 | Director of Administration, the State Budget Officer, and the Chair of the State Properties | |
20 | Committee. | |
21 | SECTION 7. This article shall take effect upon passage. | |
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