SunTrust Tenant Improvements June 30, 2015

Background Current Situation Proposed Work Cost of Proposed Work Questions Presentation Outline

Background Current Situation Proposed Work Cost of Proposed Work Questions Presentation Outline

Background February 19, 2014 BCC approved a 5 year lease at SunTrust for Property Appraiser and Tax Collector Contained Tenant Improvement Allowance of $15/SF Used for new paint and carpet and minor office modifications Totals $739,605 ($15/SF X 49,307 SF) Unused portion can be applied to rent

Background Current Situation Proposed Work Cost of Proposed Work Questions Presentation Outline

Current Situation No work has been started Cost estimates have been done $138,306 for Paint and Carpet (10 yrs. old) $453,896 for tenant modifications $592,202 Total $147,403 left to apply to rent reduction

Background Current Situation Proposed Work Cost of Proposed Work Questions Presentation Outline

Proposed Work Tax Collector Space 15 th Floor Create new reception space Half height wall Infill existing window in adjacent office Convert existing storage room to new office New paint and carpet throughout Provide engineering services for existing Server Room Fire Suppression System

Proposed Work Tax Collector Space 16 th Floor Demo existing walls where noted on drawings to build 4 new offices Create 12’ x 17’ Conference Room and new 39’ x 22’ Break Room in existing Finance Department space and relocate Finance to an adjacent area Expand existing Tax Collector office with removal of partition wall of the adjacent office New paint and carpet throughout

Proposed Work Tax Collector Space Cost Breakdown for Tax Collector Renovations$201,778 Paint & Carpet$ 54,675 Total$256,454

Proposed Work Property Appraiser Space 15 th Floor Expand existing Training Room by repositioning the existing modular wall New paint and carpet throughout 16th Floor Install new 1 hour rated wall enclosure and doors along hallway for separation from public stairwell New paint and carpet throughout

Proposed Work Property Appraiser Space 17 th Floor Convert 2 existing 15’ x 11’ modular offices to offices with ceiling high walls Create new 20’ x 10’ Conference Room Convert existing 16’ x 9’ Work Room to new HR Office and utilize adjacent 12’ x 9’ Conference Room to recreate the Work Room

Proposed Work Property Appraiser Space 17 th Floor (Continued) Extend walls to deck and add sound attenuation in wall in the Property Appraiser’s office Install new 1 hour rated wall enclosure and doors along hallway for separation from public stairwell New paint and carpet throughout

Proposed Work Property Appraiser Space Cost Breakdown for Property Appraiser Renovations$252,117 Paint & Carpet$ 83,631 Total$335,748

Background Current Situation Proposed Work Cost of Proposed Work Questions Presentation Outline

Cost for Proposed Work Property Appraiser Renovations $252,117 Paint & Carpet $ 83,631 Total $335,748 Tax Collector Renovations $201,778 Paint & Carpet $ 54,675 Total $256,454

Cost of Proposed Work Renovations$453,896 Paint & Carpet$138,306 Total$592,202 $147,403 for rent reduction

Questions? SunTrust Tenant Improvements

SunTrust Tenant Improvements June 30, 2015