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File #: 160480    Version: 1 Name: Real Property Lease - 200 Paul, LLC - 200 Paul Ave - $809,010 Rent in Initial Year
Type: Resolution Status: Passed
Introduced: 5/3/2016 In control: Clerk of the Board
On agenda: Final action: 7/20/2016
Enactment date: Enactment #: 273-16
Title: Resolution authorizing a Lease between the City and County of San Francisco, as Tenant, and 200 Paul, LLC, a Delaware limited liability company as Landlord, of office production and warehouse space located at 200 Paul Avenue, consisting of approximately 53,934 square feet of building and approximately 24,000 square feet of yard for a ten-year term of January 1, 2017, through December 31, 2026, for use by the Department of Technology’s Public Safety Division at $67,417.50 monthly, for $809,010 rent in the initial year with annual 3% increases and one five-year option to extend; and finding the proposed transaction is in conformance with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors: Malia Cohen
Attachments: 1. Leg Ver1, 2. Lease, 3. Real Estate Ltr 042916, 4. Planning General Plan Referral 033016, 5. Form 126, 6. Bdgt Analyst Rpt 062916, 7. Comm Pkt 062916, 8. Board Pkt 071216, 9. Form 126 Final, 10. Leg Final
Legislation Details
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