Legislation Details

File #: 260811    Version: 1 Name: Real Property Lease Amendment - Opera Plaza, L.P. - Administrative Offices - 601 Van Ness Avenue - $345,840.00 Annual Base Rent
Type: Resolution Status: Pending Committee Action
Introduced: 7/21/2026 In control: Budget and Finance Committee
On agenda: 7/21/2026 Final action:
Enactment date: Enactment #:
Title: Resolution authorizing the Director of Property, on behalf of the Department of Homelessness and Supportive Housing, to enter into a Lease Amendment for approximately 8,646 rentable square feet of office space located at 601 Van Ness Avenue, Suite P, with Opera Plaza L.P., for use as administrative offices, for an extended term to commence on August 1, 2026, and terminate on July 31, 2029, at the annual base rent of $345,840 ($40 per square foot) in the initial year of the extended term, plus an annual $1 per square foot increase each August 1 thereafter; and authorizing the Director of Property to execute documents, make certain modifications and take certain actions in furtherance of Lease Amendment and this Resolution, as defined herein.
Attachments: 1. Leg Ver1, 2. DRAFT First Amend, 3. Lease 041116, 4. RED Ltr Agmt 062421, 5. RED Ltr 070226, 6. Form 126
Legislation Details
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