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11774• 1 RESOLUTION NO. 111774 2 3 A RESOLUTION TO AUTHORIZE THE LEASE OF OFFICE 4 SPACE OWNED BY PEARSON- LUCCHI JOINT VENTURE; AND 5 FOR OTHER PURPOSES. r4 7 WHEREAS, Pearson - Lucchi, a Joint Venture located at 917 "B" West Markham in 8 Little Rock, Arkansas, owns rental property located at 921 W. Markham Street; and 9 WHEREAS, the City of Little Rock Department of Information Technology 10 currently leases approximately 2300 square feet of office space at 921 W. Markham 1 l pursuant to a calendar quarter periodic tenancy; and 12 WHEREAS, the Department Information Technology desires to lease this 13 property on a long -term basis; and 14 WHEREAS, the Pearson - Lucchi Joint Venture is also interested in leasing 2300 15 square feet of office space to the City of Little Rock for use by the Department of 16 Information Technology on a long -term basis. 17 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 18 THE CITY OF LITTLE ROCK, ARKANSAS: 19 Section 1. The City Manager is authorized to enter into a lease agreement with 20 Pearson - Lucchi, in a form approved by the City Attorney, for the Little Rock 21 Department of Information Technology's use of office space located at 921 West 22 Markham Street for a period of not more than five (5) years, at a cost of Four Thousand 23 Fifty Dollars and No Cents ($4,050.00) in rental payments each calendar quarter. 24 Section 2. Severability. In the event any title, section, paragraph, item, sentence, 25 clause, phrase, or word of this resolution is declared or adjudged to be invalid or 26 unconstitutional, such declaration or adjudication shall not affect the remaining PAGE 1 OF 2] Resoluttza To authorize lease of office space at 921 West Markham 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 iF:l X9 20 21 22 23 24 25 26 27 • 0 portions of the ordinance which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the ordinance. Section 3. Repealer. All ordinances and resolutions are hereby repealed to the extent of such inconsistency. ADOPTED: June 15, 2004 ATTEST: Z 422ew l� Nan y Wood, City Clerk APPROVED AS TO LEGAL FORM: e-4 k,--,3 Wu e,� Thomas M. Carpenter, City AthIrney H H H H 11 H H H H H H Resolution ' To authorize lease of office spare at 921 West Markham [PAGE 2 OF 21 APPROVED: L Jim ley, Mayor