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Meeting Date:
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9/21/2022 - 5:30 PM
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Category:
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SCHOOL FACILITIES MANAGEMENT
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Type:
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Action
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Subject:
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15.15 Settlement Resolution with 201 Saw Mill River Road Development Corporation
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District Goals:
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Enclosure
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File Attachment:
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Rationale:
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This resolution is to settle with the 201 Saw Mill River Road Development Corporation, landlord for the District warehouse for outstanding holdover rent charges in the amount of $241,341.74. This is in advance of the District vacating the property by December 31, 2022.
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Funding:
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450.5150.100000.1620.B2300
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Resolution:
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Ladies and Gentlemen;
WHEREAS: By Resolution 16.20 dated December 16, 2015 the Board of Education of Yonkers Public Schools (the “Board”) extended a lease agreement (the “Lease”) with 201 Saw Mill River Road Development Corporation, landlord for the District warehouse, and
WHEREAS: By Resolution 17.7 dated December 16, 2020 the Board authorized a one month extension as a holdover tenant for negotiating purposes, and
WHEREAS: By Resolution 15.17 dated January 20, 2021 the Board authorized another extension for a period of one month and set the terms for a five year extension, and
WHEREAS: The five year lease agreement extension was not executed, and
WHEREAS: The Board authorized the City of Yonkers Corporation Counsel to take all necessary and appropriate actions so as to avoid costly and unnecessary litigation, and
WHEREAS: Holdover rental fees have been accrued and settled in the amount of $241,341.74.
NOW THEREFORE IT BE RESOLVED: That upon the recommendation of the Corporation Counsel the Trustees of the Board of Education hereby authorizes the payment of the settlement in the amount of $241,341.74 to 201 Saw Mill River Road Development Corporation.
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Approvals:
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Recommended By:
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Signed By:
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John Carr - Executive Director
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Signed By:
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Tom Collich - Purchasing Director
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Signed By:
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Finance Department - Finance Reviewer
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Signed By:
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Elizabeth Janocha - Deputy Commissioner
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Signed By:
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John Liszewski - Commissioner
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Signed By:
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Matthew Gallagher - Corporation Counsel
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Signed By:
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Dr. Edwin M. Quezada - Superintendent of Schools
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Vote Results:
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| Original Motion | Member Sheila Greenwald Moved, Member Amjed Kuri seconded to approve the Original motion 'Ladies and Gentlemen;
WHEREAS: By Resolution 16.20 dated December 16, 2015 the Board of Education of Yonkers Public Schools (the “Board”) extended a lease agreement (the “Lease”) with 201 Saw Mill River Road Development Corporation, landlord for the District warehouse, and
WHEREAS: By Resolution 17.7 dated December 16, 2020 the Board authorized a one month extension as a holdover tenant for negotiating purposes, and
WHEREAS: By Resolution 15.17 dated January 20, 2021 the Board authorized another extension for a period of one month and set the terms for a five year extension, and
WHEREAS: The five year lease agreement extension was not executed, and
WHEREAS: The Board authorized the City of Yonkers Corporation Counsel to take all necessary and appropriate actions so as to avoid costly and unnecessary litigation, and
WHEREAS: Holdover rental fees have been accrued and settled in the amount of $241,341.74.
NOW THEREFORE IT BE RESOLVED: That upon the recommendation of the Corporation Counsel the Trustees of the Board of Education hereby authorizes the payment of the settlement in the amount of $241,341.74 to 201 Saw Mill River Road Development Corporation.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion Carried 7 - 0 | | | | | Rev. Steve Lopez | Yes | | Dr. Rosalba Corrado Del Vecchio | Yes | | Gail Burns | Yes | | Sheila Greenwald | Yes | | Amjed Kuri | Yes | | Rosemarie Linton | Yes | | Lawrence Sykes | Yes | |
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