Laserfiche WebLink
Cabarrus County <br />Human Services Center <br /> <br />Project Description: <br />Co-location of Cabarrus County Department of Social Services, Public Health and portions of <br />Piedmont Behavioral Healthcare in the fo,mcr K-Mart building on Cannon Boulevard in <br />Kannapolis. The building (104,000 square feet) will be leased and upfitted for office use. <br />Co-location of these agencies will allow for greater efficiency and effectiveness in service delivery. <br /> <br />General Lease Terms: <br />Term of the lease will be December 1, 1996 through May 31, 2007 with two five-year options to <br />renew. Lease payments will begin June 1, 1997. Lease rates per square foot follow: <br />Year 1 - $3.15 <br />Year 2 - $3.35 <br />Years 3 through 5 - $3.55 <br />Years 6 through 10 - $3.35 x combined CPI from 1/97 to 1/02 <br />Years 11 through 15 - rate from years 6 through 10 x combined CPI from 1/02 to 1/07 <br />Years 16 through 20 - rate from years 11 through 15 x combined CPI from 1/07 to 1/12 <br /> <br />Project Cost: <br />Upfit cost is expected to be no more than $2,960,000. The landlord will provide $1,060,000 <br />toward upfit. The remaining $1.9 million will be provided by the County (see attachment for 10 <br />year amortization of lease and upfit costs and offsetting revenues). Moving and other soft costs <br />have not yet been determined; they will be addressed in the annual budget process. <br /> <br />Project Design: <br />Initial project design was provided by Overcash Demmitt Architects in Facilities Program: <br />CABARRUS COUNTY HUMAN SERVICES CENTER. <br /> <br />/:), <br /> <br /> <br />