FACILITIESRENEWED

City of Indianapolis-Marion County Resolution 72, 2026 Lease Renewal

Council Approves Renewal of Clerk’s Office Lease

Exceeds $250,000 annually on average during initial five-year renewal term; renewal option at fair market rental valueMarion CountyLINDA KOPETSKY LLCFebruary 26, 2026

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Description

The City-County Council of Indianapolis-Marion County approved renewal of the Marion County Clerk’s lease with Linda Kopetsky, LLC for 36,377 square feet of office space at 1330 S. Madison Avenue. The amended lease provides a five-year renewal term starting May 1, 2026, with one additional five-year option and annual rent exceeding $250,000 on average, with the option term at fair market rental value.

Contract Details

Contract Amount

Exceeds $250,000 annually on average during initial five-year renewal term; renewal option at fair market rental value

Vendor

LINDA KOPETSKY LLC

Agency

Marion County, IN

Contract Type

FACILITIES

Document Date

February 26, 2026

Contract Term

Five (5) year renewal term beginning May 1, 2026, with one additional five (5) year renewal option

Renewal Date

2031-04-30

Renewal Info

Current lease scheduled to expire April 30, 2026 will be amended to provide a new five-year renewal term plus one additional five-year renewal option, with updated rental rates and revised repair and maintenance provisions. Renewal option rent will be at fair market rental value as defined in the lease.