File #: 250323    Version: 1 Name: Real Property Lease - Bayview Plaza, LLC - 3801 Third Street, Suites 200, 205, 210, 230, 235, 240, 220 and 250 - $526,251 Initial Base Year Rent
Type: Resolution Status: Pending Committee Action
Introduced: 4/8/2025 In control: Budget and Finance Committee
On agenda: 4/8/2025 Final action:
Enactment date: Enactment #:
Title: Resolution approving and authorizing the Director of Property, on behalf of the Human Services Agency, to execute a Lease Agreement for a term of three years with one five-year option with Bayview Plaza, LLC for approximately 15,947 square feet of space located at 3801 Third Street, Suites 200, 205, 210, 220, 230, 235, 240 and 250 at an annual base rent of $526,251 with no annual rent increases commencing upon approval of this Resolution; and authorizing the Director of Property to execute any amendments or modifications to the Lease including exercising options to extend the agreement term, make certain modifications and take certain actions that do not materially increase the obligations or liabilities to the City, do not materially decrease the benefits to the City and are necessary to effectuate the purposes of the Lease or this Resolution.
Attachments: 1. Leg Ver1, 2. DRAFT Office Lease, 3. RED Ltr 032125, 4. Form 126
Legislation Details
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