Council Will Review New City Hall Lease
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Final review of the lease for a new City Hall will be before the City Council tonight.
If council members approve the lease with the John Hancock Mutual Life Insurance Co., the city is expected to move by June 30 from 23778 Mercury Road to an office building about a block away.
City officials have negotiated a monthly rent of $1.36 per square foot--considerably less than the $2.17 per square foot that Lake Forest now pays. The monthly savings would total about $3,000.
The new building at 23161 Lake Center Drive would also enable city offices to expand from 8,276 square feet to 11,658 square feet.
The city originally planned to move by April. But extra time was needed to complete space designs and construction for improvements to the building needed by the city.
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