|
Title:
|
Resolution approving and authorizing the Director of Property, on behalf of the City and County of San Francisco (“City”), to lease 4,009 square feet of real property for the Public Defender’s Office, located at 8 Boardman Place, for a five year term with two five-year options to extend at 95% of fair market value, at an annual base rent of $144,000 ($84,000 in the first year of the lease term), from STEEL ARC, LLC, a California limited liability corporation, effective upon approval of this Resolution and the lease term to commence upon completion of tenant improvements, rent payments will begin three months after lease commencement; and to authorize the Director of Property to enter into any additions, amendments or other modifications to the lease that do not otherwise materially increase the obligation or liabilities of the City to effectuate the purposes of the Lease or this Resolution.
|