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1 | ARTICLE 9 | |
2 | RELATING TO LEASES | |
3 | SECTION 1. This article consists of a Joint Resolution that is submitted pursuant to Rhode | |
4 | Island General Law § 37-6-2, authorizing various lease agreements for office space and operating | |
5 | space. | |
6 | SECTION 2. Department of Children Youth and Families (101 Friendship Street, | |
7 | Providence). | |
8 | WHERAS, the Department of Children Youth and Families currently occupies | |
9 | approximately 99,500 square feet at 101 Friendship Street in the City of Providence; and | |
10 | WHEREAS, the Department of Children Youth and Families currently holds a lease | |
11 | agreement, in full force and effect, with Provident Property, LLC for approximately 99,500 square | |
12 | feet of office space located at 101 Friendship Street, in the City of Providence; and | |
13 | WHEREAS, the existing lease expires on November 30, 2025, and the Department of | |
14 | Children Youth and Families wishes to renew this lease for an additional ten-year term; and | |
15 | WHEREAS, the State of Rhode Island, acting by and through the Department of Children | |
16 | Youth and Families attests to the fact that there are no clauses in the lease agreement with Provident | |
17 | Property, LLC that would interfere with the Department of Children Youth and Families’ lease | |
18 | agreement or use of the facility; and | |
19 | WHEREAS, the leased premises provides a critical location for the offices of the | |
20 | Department of Children Youth and Families from which the Department can fulfill its mission; and | |
21 | WHEREAS, the annual fixed rent in the agreement in the current fiscal year, ending June | |
22 | 30, 2025 is $2,089,500.00; and | |
23 | WHEREAS, the annual fixed rent of the agreement in each of the first five (5) years of the | |
24 | renewal term will not exceed $2,293,826.79 and shall not exceed $2,490,076.79 in each of the | |
25 | remaining years of the renewal term [or in each of years six (6) through ten (10) of the renewal | |
26 | term]; and | |
27 | WHEREAS, the payment of the annual fixed rent will be made from funds available to the | |
28 | Department of Children Youth and Families for the payments of rental and lease costs based on | |
29 | annual appropriations made by the General Assembly; and | |
30 | WHEREAS, the State Properties Committee now respectfully requests the approval by the | |
31 | Rhode Island House of Representatives and the Rhode Island Senate of the lease agreement | |
32 | between the Department of Children Youth and Families and Provident Property, LLC for leased | |
33 | space located at 101 Friendship Street, Providence; now therefore be it | |
34 | RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the | |
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1 | lease agreement, for a term not to exceed ten (10) years and an aggregate fixed rent not to exceed | |
2 | $23,919,517.90; and it be further | |
3 | RESOLVED, that this Joint Resolution shall take effect upon passage by the General | |
4 | Assembly; and it be further | |
5 | RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly | |
6 | certified copies of this resolution to the Governor, the Director of the Department of Children Youth | |
7 | and Families, the Director of Administration, the State Budget Officer, and the Chair of the State | |
8 | Properties Committee. | |
9 | SECTION 3. Rhode Island Emergency Management Agency (2700 Plainfield Pike, | |
10 | Cranston). | |
11 | WHEREAS, the Department of Administration currently holds a lease agreement which | |
12 | was enacted during the Covid-19 emergency, with EIM Plainfield Pike, LLC for approximately | |
13 | 73,770 square feet of warehouse space located at 2700 Plainfield Pike, in the City of Cranston; and | |
14 | WHEREAS, the existing lease expires on July 31, 2025, but the warehousing needs | |
15 | continue; and | |
16 | WHEREAS, the annual gross rent in the agreement in the existing lease is $684,585.60; | |
17 | WHEREAS, the Department of Administration and Rhode Island Emergency Management | |
18 | officials received and reviewed proposals for warehouses that would meet Emergency Management | |
19 | Agency needs; and | |
20 | WHEREAS, upon completing an evaluation of the submitted lease proposals, the Rhode | |
21 | Island Emergency Management Agency wishes to enter into a ten-year lease agreement with EIM | |
22 | Plainfield Pike, LLC for approximately 73,770 square feet of warehouse space located at 2700 | |
23 | Plainfield Pike in the city/town of Cranston. | |
24 | WHEREAS, the aggregate base rent for the ten-year lease will not exceed $7,188,368.21. | |
25 | WHEREAS, the payment of the annual base rent will be made from funds available to the | |
26 | Rhode Island Emergency Management Agency for the payments of rental and lease costs based on | |
27 | annual appropriations made by the General Assembly; and | |
28 | WHEREAS, the State Properties Committee now respectfully requests the approval of the | |
29 | Rhode Island House of Representatives and the Rhode Island Senate for the lease agreement | |
30 | between the Rhode Island Emergency Management Agency and EIM Plainfield Pike, LLC for lease | |
31 | space located at 2700 Plainfield Pike; now therefore be it | |
32 | RESOLVED, that this General Assembly of the State of Rhode Island hereby approves the | |
33 | lease agreement, for a term not to exceed ten (10) years and an aggregate base rent not to exceed | |
34 | $7,188,368.21; and it be further | |
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1 | RESOLVED, that this Joint Resolution shall take effect upon passage by the General | |
2 | Assembly; and it be further | |
3 | RESOLVED, that the Secretary of State is hereby authorized and directed to transmit duly | |
4 | certified copies of this resolution to the Governor, the Director of the Rhode Island Emergency | |
5 | Management Agency, the Director of Administration, the State Budget Officer, and the Chair of | |
6 | the State Properties Committee. | |
7 | SECTION 4. This article shall take effect upon passage. | |
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