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Title:
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Resolution approving and authorizing the Director of Property, on behalf of the Department of Homelessness and Supportive Housing, to enter into a lease of real property consisting of approximately 31,200 square feet, with buildings totaling approximately 22,965 square feet located at 125 Bayshore Boulevard, with W.Y.L. Orion Properties, LLC, a California limited liability company, as Landlord, for an initial term of ten years, with two five-year options to extend thereafter, anticipated to commence on July 1, 2026, for use by the Department of Homelessness and Supportive Housing for emergency shelter purposes at an initial annual base rent of $655,200 with 3% annual increases; authorizing the Director of Property, on behalf of the Department of Homelessness and Supportive Housing, to execute the Lease; affirming the Planning Department’s determination under the California Environmental Quality Act; adopting the Planning Department’s findings of consistency with the General Plan, and the eight priority policies of the Planning Code, Section 101.1; and authorizing the Director of Property to enter into amendments or modifications to the Lease that do not materially increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the Lease or this Resolution.
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