File #: 22-195    Version: 1 Name:
Type: Resolution Status: Passed
File created: 4/5/2022 In control: Public Works Committee
On agenda: Final action: 6/13/2022
Title: AUTHORIZING LEASE AGREEMENTS WITH GIRVIN & FERLAZZO, PC, JPS STRATEGIES, UNITED GROUP OF COMPANIES, INC., AND FPI MECHANICAL REGARDING CORPORATE SUITE NO. 16 AT THE MVP ARENA
Sponsors: Public Works Committee
Attachments: 1. GM Cover Letter three-year lease with Girvan & Ferlazzo, PC, JPS Strategies, United Group of Companies, Inc, FPI Mechanical, 2. 3263 RLA Form, 3. Letters of intent Girvan & Ferlazzo, PC, JPS Stategies, United Group of Companies, Inc., FPI Mechanical, 4. Lease Girvan & Ferlazzo, PC, JPS Stategies, United Group of Companies, Inc., FPI Mechanical, 5. 22-195 PW 11 - TMP - 3263 - Authorizing_Lease_Agreements_Suite_No_16_MVP_Arena
RESOLUTION NO. 195

AUTHORIZING LEASE AGREEMENTS WITH GIRVIN & FERLAZZO, PC, JPS STRATEGIES, UNITED GROUP OF COMPANIES, INC., AND FPI MECHANICAL REGARDING CORPORATE SUITE NO. 16 AT THE MVP ARENA

Introduced: 6/13/22
By Public Works Committee:

WHEREAS, The General Manager of the MVP Arena has indicated that the following four proposed Suite holders have expressed an interest in lease agreements for Corporate Suite No. 16 at the MVP Arena in accordance with the terms and conditions approved by the County Attorney, and

Suite Holder
Address
Girvin & Ferlazzo, PC
20 Corporate Woods Blvd., Albany, NY 12211
JPS Strategies
27 6th Street, Waterford, NY 12188
United Group of Companies, Inc.
300 Jordan Road, Troy, NY 12180
FPI Mechanical
11 Green Mountain Drive, Cohoes, NY 12047

, and

WHEREAS, Due to the closure of the MVP Arena caused by the COVID-19 pandemic, a credit has been provided to each of the suite holders towards the first year amounts owed on the new lease agreements for payments made during the months of April 2020 through April 2021, and

WHEREAS, The total amount of $51,000 shall be made for each of the three years of the lease agreements, and

WHEREAS, Girvin & Ferlazzo, PC will be credited in the amount of $6,187.50, with annual payments to be made in the amount of $6,562.50 for year one, $12,750 for year two, and $12,750 for year three for a total amount of $32,063, and

WHEREAS, JPS Strategies will be credited in the amount of $13,812.50, with annual payments to be made in the amount of $0 for year one, $11,687.50 for year two, and $12,750 for year three for a total amount of $24,438, and

WHEREAS, United Group of Companies, Inc. will be credited in the amount of $13,812.50, with annual payments to be made in the amount of $0 for year one, $11,687.50 for year two, and $12,750 for year three for a total amount of $24,438, and

WHEREAS, FPI Mechanical will be credited in the amount of $1,062.50, with annual payments to be...

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