NUMB:
970615
VERS:
:
Original
REF:
931751
XXBY:
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.
ANLS:
- Analysis -
This resolution authorizes lease of 6,256 square feet of space at the Central Library for an additional two years at $100,000 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, MCFLS has recently agreed to a two year extension through December 31, 2002 at the annual sum of $100,000; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the City of Milwaukee enter into a two 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's estimated revenue account 01- 861-9491.
DFTR:
Library Board
JJK:WPL:elm
07/03/97
CATTPL:elm
07/03/97
CATT