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File #: 23-2748    Version: 1 Name:
Type: Lease Agreement Status: Passed
File created: 5/4/2023 In control: Commissioners Court
On agenda: 5/16/2023 Final action: 5/16/2023
Title: Request for approval of a lease agreement with Lakeland West Capital 40, LLC, for the rental of 28,917 square feet, Suites 138, 140, 300, 400 and 605, in the office building located at 1160 Dairy Ashford, Houston, Texas, Harris County, Texas, for a period of sixty (60) months in the amount of $1,807,312.50, including operating expenses. (Precinct 4).
Department: Toll Road Authority
Department Head/Elected Official: Roberto Trevi?o, P.E., Executive Director

Regular or Supplemental RCA: Regular RCA

Type of Request: Lease Agreement

Project ID (if applicable): E23-8007
Vendor/Entity Legal Name (if applicable): Lakeland West Capital 40, LLC

MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request

Request Summary (Agenda Caption):
title
Request for approval of a lease agreement with Lakeland West Capital 40, LLC, for the rental of 28,917 square feet, Suites 138, 140, 300, 400 and 605, in the office building located at 1160 Dairy Ashford, Houston, Texas, Harris County, Texas, for a period of sixty (60) months in the amount of $1,807,312.50, including operating expenses. (Precinct 4).
end

Background and Discussion:
As a result of moving to a hands-free for toll payments (drive now, pay later) during 2020, Harris County Toll Road Authority (HCTRA) call volumes and image reviews have increased. Additional office space locations are needed to manage this high demand of customer calls and daily volume of images. Approval of this request will provide office space in the west sector of the region. With Commissioners Court approval, the lease will commence when landlord has substantially completed the space and continue for five years.

Expected Impact:
This lease agreement will permit HCTRA to accommodate office space for needed Customer Service, Image Review, EZ TAG Store, and support services personnel.

Alternative Options:
No other recommended solutions for this identified need.

Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
X Transportation
_ Flooding
_ Environment
_ Governance and Customer Service

Prior Court Action (if any):
Date
Agenda Item #
Action Taken
04/04/2023
152
Passed

Location:
Address (if applicable): 1160 Dairy Ashford, H...

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