FACILITIESDISCUSSED

Rowlett Considers Library Lease Extension and Expansion

Rowlett staff outlined a proposed amendment and extension of the Rowlett Public Library lease with Buchanan Street Partners, including five-year base term with two two-year extensions and approximately $200,961 in annual rent for the existing space. Council also reviewed a potential 2,514-square-foot expansion at about $50,000 in additional annual rent plus $255,000 in construction and furnishings.

Document date · February 7, 2023

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $200,961 annually for existing space; additional $50,000 annually for proposed expansion space; $225,000 construction and $30,000 FF&E for expansion buildout
Contract type
FACILITIES
Contract term
Proposed 60-month term with two two-year extensions (lease amendment for existing library space and potential expansion); original 60-month term with two one-year extensions
Renewal
Original 2018 lease: 60-month term with two one-year extensions at variable rates up to $16.25/sf annually. Proposed 2023 amendment: 60-month term with two two-year extensions at $16.20/sf annually with roughly 3% annual increases, CAM charges rolled into the rent; expansion space offered at $20/sf annually. Council discussion only; renewal not yet formally approved in this item.
Document type
Agenda
Source document
City of Rowlett City Council Meeting Agenda February 2023

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Rowlett city?

Buchanan Street Partners was awarded this facilities contract by City of Rowlett city, as recorded on February 7, 2023. The contract value is Approximately $200,961 annually for existing space; additional $50,000 annually for proposed expansion space; $225,000 construction and $30,000 FF&E for expansion buildout.

How much is the Buchanan Street Partners contract with City of Rowlett city worth?

The Buchanan Street Partners contract with City of Rowlett city is valued at Approximately $200,961 annually for existing space; additional $50,000 annually for proposed expansion space; $225,000 construction and $30,000 FF&E for expansion buildout, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Rowlett City Council Meeting Agenda February 2023 (Agenda), dated February 7, 2023 from City of Rowlett city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Buchanan Street Partners hold?

Buchanan Street Partners may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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