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CATS to consider spending thousands to lease new office space

 
CATS to consider spending thousands to lease new office space
Posted February 18th, 2014 @ 1:15am

BATON ROUGE (WBRZ) - Capital Area Transit System leaders will discuss leasing more office space for staff and extra parking spaces for additional buses at a meeting Tuesday.

CATS, which is funded through a controversial property tax, is considering occupying one floor of Mid City Towers, formerly Dean Tower, a 14-story office building at the corner of Florida Boulevard and Cloud Drive. The board will also consider leasing parking spaces for twenty buses.

The board meets at 4:30 p.m. to discussion the options.

The lease for 5,442 square feet of office space is for two years. For the first year, CATS would pay $73,500 - about $1.13 per square foot. The second year, CATS would spend $79,500 - about $1.22 per square feet.

The parking lot rental will cost about $12,000 a year.

Image: WBRZ

http://www.wbrz.com/news/cats-to-consider-spending-thousands-to-lease-new-office-space/

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