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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: 5 <br /> Authorize the Mayor to sign a Consent COUNCIL BILL# <br /> six-year Lease Agreement with X Action Originating Department Facilities <br /> Senator Maria Cantwell. First Reading Contact Person Carlton Gipson <br /> Second Reading Phone Number X8981 <br /> Third Reading FOR AGENDA OF 2/07/07 <br /> Public Hearing <br /> Initialed by: <br /> Department Head , <br /> CAA <br /> Council President FiV <br /> Location Preceding Action Attachments Department(s) Approval <br /> Wall Street Building Lease Agreement Legal <br /> Real Estate Committee <br /> Budgeted Amount <br /> Expenditure Required Account Number(s): <br /> Budget Remaining <br /> Additional Required <br /> DETAILED SUMMARY STATEMENT: <br /> Senator Cantwell currently leases 306 square feet of space on the 9th floor of the Wall Street Building. The <br /> Senator's lease has expired and they have requested that the City continue to lease this space to them for an <br /> additional six years. The attached Lease Agreement is substantually the same as the existing lease with the <br /> exception of the expiration date and the lease rate. The lease rate for the next six years will be$20.66 per <br /> square foot. <br /> RECOMMENDATION (Exact action requested of Council): Authorize the Mayor to sign a six-year Lease <br /> Agreement with Senator Maria Cantwell. <br /> 10 <br />