Agenda Item # 1
Columbus Consolidated Government
Council Meeting
February 10, 2015
Agenda Report # 77
TO:
Mayor and Council
SUBJECT:
CCG Employee Health & Wellness Facility Lease Agreement with
Physicians Realty Trust
INITIATED:
Human Resources Department
Recommendation:
Approval is requested to continue a 5-year lease agreement for medical office space identified as 2000 10
th
Avenue, Suite 410 for a CCG Health and Wellness facility.
Background:
City Council approved a lease agreement on February 5, 2013 with Resolution No. 44-13. At that time the 2000 building was owned by Columbus Regional Healthcare Systems, Inc. The 2000 building has now been purchased by Physicians Realty Trust, a self-managed publicly traded real estate investment trust which focuses exclusively on healthcare facilities. The original term of this lease shall be five (5) years commencing on April 1, 2013 and ending at midnight on March 31, 2018.
In a letter to the Community Reinvestment Director dated November 20, 2014, the new building owner wrote, “All of the terms and conditions of the lease for the space you occupy were assigned by the previous owner to DOC-2000 10
TH
Avenue MOB, LLC and remain unchanged.” The proposed change would not change the terms or conditions of the original lease with Columbus Regional.
Financial Considerations:
The monthly rental rate for the property lease is $2,914 including utilities. After reviewing other potential sites, a selection committee recommended the 2000 building property as the most appropriate in cost, functionality, availability and employee access. The lease of the Health and Wellness Center is included in the facility’s overall operations costs.
Legal:
Authorization of Council to continue this rental contract agreement with the new owner Physicians Realty Trust is required.
Recommendation/Actions:
The City Manager, Community Reinvestment, Human Resources, Finance and the Internal Auditor recommend continuing the contract agreement.
A RESOLUTION
NO. _______
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A LEASE AGREEMENT FOR EMPLOYEE HEALTH AND WELLNESS CENTER OFFICE AND MEDICAL SPACE WITH PHYSICIANS REALTY TRUST.
WHEREAS,
the Columbus Council authorized the opening of an employee health and wellness center; and,
WHEREAS,
a site evaluation team reviewed available sites, selecting a suite in the 2000 building medical plaza as the most appropriate site; and,
WHEREAS,
the 2000 building located in the medical plaza was purchased by Physicians Realty Trust and they have agreed to continue the current five year lease that existed between the Columbus Consolidated Government and Columbus Regional Healthcare System; and,
WHEREAS,
the Columbus Council must authorize the continuation of the lease agreement with Physicians Realty Trust.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
That the City Manager is hereby authorized to enter into a lease agreement with Physicians Realty Trust for the specified medical/office space identified as 2000 Tenth Avenue, Suite 410.
______________________________
Introduced at a regular meeting of the Council of Columbus, Georgia, held the ____ day of February, 2015 and adopted at said meeting by the affirmative vote of ____ members of said Council.
Councilor Allen voting _______________.
Councilor Baker voting _______________.
Councilor Barnes voting _______________.
Councilor Buck voting _______________.
Councilor Davis voting _______________.
Councilor Henderson voting _______________.
Councilor Huff voting _______________.
Councilor Thomas voting _______________.
Councilor Turner Pugh voting _______________.
Councilor Woodson voting _______________.
_________________________________ ___________________________
Tiny B. Washington, Clerk of Council Teresa Pike Tomlinson, Mayor