FACILITIESAPPROVED

Summit County Resolution 2026-133 Executive Sublease Agreement

County approves five-year Pry Building sublease to Akron

$80,076.60 (Year 1); $80,857.20 (Year 2); $81,645.60 (Year 3); $82,442.04 (Year 4); $83,246.40 (Year 5), plus proportional Additional RentSummit CountyCITY OF AKRONApril 27, 2026

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Description

Summit County Council authorized the Executive to enter into a five-year sublease agreement with the City of Akron for 7,936 square feet of office space in the Pry Building, with base rent totaling approximately $408,267.84 over the term plus proportional Additional Rent. The space will continue to house the City of Akron's Utilities Business Office from February 1, 2026 through January 31, 2031.

Contract Details

Contract Amount

$80,076.60 (Year 1); $80,857.20 (Year 2); $81,645.60 (Year 3); $82,442.04 (Year 4); $83,246.40 (Year 5), plus proportional Additional Rent

Vendor

CITY OF AKRON

Agency

Summit County, OH

Contract Type

FACILITIES

Document Date

April 27, 2026

Contract Term

February 1, 2026 – January 31, 2031 (five-year term)

Renewal Date

2031-01-31

Renewal Info

Five-year sublease term from 2/1/26 through 1/31/31 with 1% annual rent increases; any amendments must not be materially adverse to the County. No explicit renewal options stated in the resolution.