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File #: 170745    Version: Name: Real Property Lease - Evans Investment Partners, LLC - 752 Vallejo Street - $40,125 Rent in the Base Year - Estimated $62,819 Tenant Improvements Cost
Type: Resolution Status: Passed
Introduced: 6/13/2017 In control: Clerk of the Board
On agenda: Final action: 7/27/2017
Enactment date: 7/27/2017 Enactment #: 313-17
Title: Resolution authorizing the Director of Property, on behalf of the Police Department, to execute a lease of 750 rentable square feet at 752 Vallejo Street, with Evans Investment Partners, LLC, for an initial term of five years plus one five-year option to extend, at a base-year rent expense to the City of $40,125; construction of tenant improvements costing the City an estimated $62,819; and finding the proposed transaction is in conformance with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors: Aaron Peskin
Attachments: 1. Leg Ver1, 2. DRAFT Lease 080117, 3. Appraisal Rpt 120116, 4. PC Motion No. 19721 081116, 5. RED Ltr 031016, 6. Form 126, 7. Pres Memo 071017, 8. Comm Pkt 071917, 9. Leg Ver2, 10. Board Pkt 072517, 11. Form 126 Final, 12. Leg Final
Legislation Details
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