File #: 240436    Version: 1 Name: Lease of City Property - Friends and Foundation of the San Francisco Public Library - Portion of the Main Public Library - Initial Annual Base Rent of $15,555.84 - Subject to Rent Abatement With Supplemental Funding
Type: Resolution Status: New Business
Introduced: 5/7/2024 In control: Budget and Finance Committee
On agenda: 5/7/2024 Final action:
Enactment date: Enactment #:
Title: Resolution authorizing and approving the lease of 387 square feet of space at the Main Library located at 100 Larkin Street, with The Friends and Foundation of the San Francisco Public Library, a non-profit 501(c)(3), for an initial five-year term at an annual base rent of $15,555.84 (or the monthly amount of $1,296.32), with annual CPI increases to base rent and three additional five-year extension options, effective upon approval of this Resolution; and to authorize 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.
Attachments: 1. Leg Ver1, 2. DRAFT Lease, 3. OCA Cover Ltr. 042624, 4. Form 126, 5. Cmte Pkt 062624, 6. RED Presentation 062624, 7. Board Pkt 070224
Related files: 021882
Legislation Details
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