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ARTICLE 12 |
RELATING TO LEASES
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SECTION 1. This article consists of a Joint Resolution that is submitted pursuant to Rhode |
Island General Law § 37-6-2, authorizing various lease agreements for office space and operating |
space. |
SECTION 2. Department of Children Youth and Families (101 Friendship Street, |
Providence). |
WHEREAS, the Department of Children Youth and Families currently occupies |
approximately 99,500 square feet at 101 Friendship Street in the City of Providence; and |
WHEREAS, the Department of Children Youth and Families currently holds a lease |
agreement, in full force and effect, with Provident Property, LLC for approximately 99,500 square |
feet of office space located at 101 Friendship Street, in the City of Providence; and |
WHEREAS, the existing lease expires on November 30, 2025, and the Department of |
Children Youth and Families wishes to renew this lease for an additional ten-year term; and |
WHEREAS, the State of Rhode Island, acting by and through the Department of Children |
Youth and Families attests to the fact that there are no clauses in the lease agreement with Provident |
Property, LLC that would interfere with the Department of Children Youth and Families’ lease |
agreement or use of the facility; and |
WHEREAS, the leased premises provides a critical location for the offices of the |
Department of Children Youth and Families from which the Department can fulfill its mission; and |
WHEREAS, the annual fixed rent in the agreement in the current fiscal year, ending June |
30, 2025 is $2,089,500.00; and |
WHEREAS, the annual fixed rent of the agreement in each of the first five (5) years of the |
renewal term will not exceed $2,293,826.79 and shall not exceed $2,490,076.79 in each of the |
remaining years of the renewal term [or in each of years six (6) through ten (10) of the renewal |
term]; and |
WHEREAS, the payment of the annual fixed rent will be made from funds available to the |
Department of Children Youth and Families for the payments of rental and lease costs based on |
annual appropriations made by the General Assembly; and |
WHEREAS, the State Properties Committee now respectfully requests the approval by the |
Rhode Island House of Representatives and the Rhode Island Senate of the lease agreement |
between the Department of Children Youth and Families and Provident Property, LLC for leased |
space located at 101 Friendship Street, Providence; now therefore be it |
RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the |
lease agreement, for a term not to exceed ten (10) years and an aggregate fixed rent not to exceed |
$23,919,517.90; and it be further |
RESOLVED, that this Joint Resolution shall take effect upon passage by the General |
Assembly; and it be further |
RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly |
certified copies of this resolution to the Governor, the Director of the Department of Children Youth |
and Families, the Director of Administration, the State Budget Officer, and the Chair of the State |
Properties Committee. |
SECTION 3. Rhode Island Emergency Management Agency (2700 Plainfield Pike, |
Cranston). |
WHEREAS, the Department of Administration currently holds a lease agreement which |
was enacted during the Covid-19 emergency, with EIM Plainfield Pike, LLC for approximately |
73,770 square feet of warehouse space located at 2700 Plainfield Pike, in the City of Cranston; and |
WHEREAS, the existing lease expires on July 31, 2025, but the warehousing needs |
continue; and |
WHEREAS, the annual gross rent in the agreement in the existing lease is $684,585.60; |
WHEREAS, the Department of Administration and Rhode Island Emergency Management |
officials received and reviewed proposals for warehouses that would meet Emergency Management |
Agency needs; and |
WHEREAS, upon completing an evaluation of the submitted lease proposals, the Rhode |
Island Emergency Management Agency wishes to enter into a ten-year lease agreement with EIM |
Plainfield Pike, LLC for approximately 73,770 square feet of warehouse space located at 2700 |
Plainfield Pike in the city/town of Cranston. |
WHEREAS, the aggregate base rent for the ten-year lease will not exceed $7,188,368.21. |
WHEREAS, the payment of the annual base rent will be made from funds available to the |
Rhode Island Emergency Management Agency for the payments of rental and lease costs based on |
annual appropriations made by the General Assembly; and |
WHEREAS, the State Properties Committee now respectfully requests the approval of the |
Rhode Island House of Representatives and the Rhode Island Senate for the lease agreement |
between the Rhode Island Emergency Management Agency and EIM Plainfield Pike, LLC for lease |
space located at 2700 Plainfield Pike; now therefore be it |
RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the |
lease agreement, for a term not to exceed ten (10) years and an aggregate base rent not to exceed |
$7,188,368.21; and it be further |
RESOLVED, that this Joint Resolution shall take effect upon passage by the General |
Assembly; and it be further |
RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly |
certified copies of this resolution to the Governor, the Director of the Rhode Island Emergency |
Management Agency, the Director of Administration, the State Budget Officer, and the Chair of |
the State Properties Committee. |
SECTION 4. This act shall take effect upon passage. |