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Title:
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Resolution authorizing the Director of Property to execute a Lease Extension between the City and County of San Francisco, as Tenant, and 750 Brannan Street Properties, LLC, as Landlord, for the City’s continued lease of the real property located at 750 Brannan Street, consisting of approximately 24,173 square feet of building and approximately 6,430 square feet of yard, to be used as production, warehouse, and related office space, for a five-year term expected to commence on or about January 1, 2027, and expire on December 31, 2031, for a total term of January 1, 2017, through December 31, 2031, for use by the San Francisco Public Library, at a monthly rent of $88,231.45, for a total initial annual base rent of $1,058,777.40, with 3% annual increases.
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