NUMB:
000023
VERS:
ORIGINAL
REF:
970615
XXBY:
The Chair
TITL:
Resolution extending current Lease Agreement between the City of Milwaukee and the Milwaukee County Federated Library System for office space at the Central Library. (Library)
ANLS:
This resolution authorizes the lease of 6,256 square feet of space at the Central Library for an additional three years at $105,000 annually.
BODY:
Whereas, The Milwaukee Public Library and the Milwaukee County Federated Library System have previously entered into an agreement pertaining to providing library service as the Resource Library, pursuant to Chapter 43, Wisconsin Statutes; and
Whereas, The Milwaukee Public Library's 1993 Capital Budget authorized expenditure of $146,000 for the construction of the Milwaukee County Federated Library System Computer Room facilities; and
Whereas, The Milwaukee Public Library has renovated space within the Central Library to provide sorting and computer room facilities for the Milwaukee County Federated Library System's online computer system; and
Whereas, The Milwaukee County Federated Library System has agreed to pay $475,000 in lease payments over a seven year period beginning January 1, 1994 through December 31, 2000; and
Whereas, In 1997 the Milwaukee County Federated Library System agreed to a two year extension through December 31, 2002 at the annual sum of $100,000; and
Whereas, The Milwaukee County Federated Library System has recently agreed to a three year extension through December 31, 2005 at annual payments of $102,500 for two years and $105,000 for three years; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the City of Milwaukee enter into a three year extension with the Milwaukee County Federated Library System for space within the Central Library; and, be it
Further Resolved, That the City Comptroller is hereby authorized to receive and deposit these funds into Milwaukee Public Library...
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