NOTICE OF CONTRACTS
LET, AWARDED OR AMENDED
REAL ESTATE LEASE EXTENSION/RENEWAL
AWARD
VENDOR SELECTED FOR AWARD
Name: Madison
Taylor Holding Company, LLC
Address:
Phone: 217/585-0318
Vendor Contact Person: Gary
L. Robbins, Jr.
NUMBER OF UNSUCCESSFL RESPONSIVE VENDORS N/A
NATURE OF CONTRACT/AMENDMENT
Lease Number: A95-1-0011
Description of Lease: 36,631 Square Feet
Location:
Description of Use: Office Space
Length of Term: 11/1/08 – 10/31/13 with option for 5 year renewal
Extension/Renewal of Lease: The current lease expires 12/31/09. Amendment 5 reflects change of ownership in the property to the above named Vendor. Amendment 6: (1) extends the lease period to 10/31/13; (2) reduces the square foot rate from $15.28 currently to $13.83 effective 11/1/08; (3) provides for an addition of 9,953 square feet and other improvements to the current space. An optional 60 month renewal at the end of the extended lease period is provided at the then current rate of $14.68 per square foot. After the first five years, lessee may exercise an early out provision with 365 days notice.
Actual Cost: Total rental for current space and addition over the initial five year period 11/1/08 – 10/31/13 is $2,610,325.06.
SOURCE SELECTION RFI Exempt – renewal or extension of a lease in effect before 2/7/2000
OAG CONTACT PERSON
Chief Procurement Officer: Roberta Pape
Address: 740
E. Ash,
Phone: 217/782-9305
Additional information, including copies of forms and
disclosures, are on file at the OAG's