Laserfiche WebLink
r f� <br />JAM 0, _9 <br />jIt is:�.anticipated that the new space needs study will recommend <br />moving 2001 Building personnel temporarily into one of the. old <br />-buildings until a new administration building is constructed. ,*'..It <br />will not recommend exactly which of the buildings but indicates ---the <br />.Health Building is a marketable product. <br />`In an effort to determine if the old -Library Building was marketable,- <br />it was advertised for sale or lease. Although, we had some .inquires <br />prior to.advertisement, no response was•received on the opening date.. <br />Ed Schlitt has offered to continue our lease in the 2001 Building <br />without increase in rent for three years. One of the problems with <br />this arrangement is not knowing exactly how long this space•will be <br />needed. If monies are not available for a new Administration <br />Building, it is -possible, we could go beyond 1997 as indicated in the <br />attached chart. A prolong length of time would increase the cost of <br />occupancy beyond that of renovating our own facility and we would not <br />have a significant return on our investment. <br />Exact cost of renovating the Health Building is hard to determine. <br />This is a specialty building and converting it to office space will <br />be labor intensive and costly due to the design that includes small <br />rooms with special plumbing. We have already had two inquires on <br />possible lease and/or sale of this property. Both parties were <br />interested in the structure as is. Should we convert the building to <br />office space. I feel these two parties would no longer be interested. <br />The property is marketable as it now stands. <br />ANALYSIS: <br />Renovation of the Library Building would not only accomplish the need <br />for office space but we could convert some of the extra space to file <br />storage which is in high demand by other departments 'within the <br />County. If a new Administration Building was not available for a <br />Prolonged length of time our investment would have a greater return. <br />Renovation -will not .significantly change the use of that building <br />-which would not -decrease the market value. If anything, the market <br />..value _should increase. <br />`.i-: `RECOMIN EMATIONS : _ <br />ori'•;:::;, Staff recommends Board approval to proceed with renovation of the <br />Library Building and requests funding of $179,500.00 .to include <br />renovation cost, operational cost and rent on the 2001 Building untlk- <br />- move in date. Attached is the Budget Amendment memorandum. <br />48 <br />