Item 4CCITY OF
SOUTH LAKE
To:
From:
Subject:
MEMORANDUM
October 10, 2023
Shana Yelverton, City Manager
Robert Briggs, Operations Manager - Special Projects
Approve off -site lease of office space from KITE Realty Group.
Item 4C
Action Approval of off -site lease of office space from KITE Realty Group.
Requested:
During ES on August 1, 2023, the City Council provided directions to staff
to secure an off -site office space for City Library staff to expand into and
Background utilize while the plans for a new library are made. This lease allows for the
Information: City Library staff to expand into an office space located within close
proximity to the library in Town Hall resulting in increased efficiency and
continuity of operations.
The purpose of this request is to seek the approval of City Council to lease
2,762sgft. of office space from KRG Town Square Ventures, LLC at 181
Grand Ave. Southlake, Tarrant County, Texas, 76092 for a term of 3 years
at a rate of $8,631.25 per month (for months 1-12), $8,976.50 per month
(for months 13-24), and $9,335.56 per month (for months 25-last day of
the lease) for the purpose of providing office space to Library department
staff and administrative personnel.
Financial
Considerations: This item was approved within the Fiscal Year 2024 General Fund budget.
Strategic Link: This agenda item is linked to the Southlake Strategy Map through the
following objectives:
B1, Achieving strong outcomes through continual evaluation and pursuit of
better practices through efficient elections and the improvement of
Citizen Input/ business operations.
Board Review: No requirement exists to review this service with citizens or boards.
Legal Review: TOASE reviewed and approved the lease agreement.
Alternatives: None
Supporting
Documents: None
Staff
Recommendation: Staff recommends approving this item as proposed.