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Agenda - Council Work Session - 07/26/2011
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Agenda - Council Work Session - 07/26/2011
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Last modified
3/18/2025 2:14:38 PM
Creation date
7/22/2011 9:24:52 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
07/26/2011
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Sharp's Leases <br />Current Lease: <br />6701 Hwy 10 <br />6745 Hwy 10 <br />18,360 Sq ft <br />11,060 Sq ft <br />Sq Ft Cost <br />1.95 <br />1.97 <br />Current Contract <br />35,802 <br />21,788 <br />57,590 <br />Sharp's Proposal <br />6701 Hwy 10 <br />6745 Hwy 10 <br />18,360 Sq ft <br />11,060 Sq ft <br />1.14 <br />1.97 <br />20,930 <br />21,788 <br />42,719 <br />Staff Proposal: 6701 Hwy 10 <br />6745 Hwy 10 <br />18,360 Sq ft <br />11,060 Sq ft <br />Calculation of Proposal: <br />Actual Annual Expense Taxes & Insurance <br />10% Maintenance -Set Aside for Major Repairs <br />4.0% increase taxes & insurance <br />1.21 <br />1.97 <br />$ 38,085 <br />$ 4,400 <br />$ 1,523 <br />$ 44,008 <br />22,216 <br />21,788 <br />44,004 23.6% decrease <br />Actual Annual Expense (Sharps share of) <br />6701 Hwy 10 <br />6745 Hwy 10 <br />Insurance Taxes <br />$ 2,501 $ 17,012 <br />$ 3,728 $ 14,844 <br />$ 19,513 <br />$ 18,572 <br />$ 38,085 <br />
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