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Title:
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Resolution authorizing and approving a Lease with NPU, Inc., a California corporation, for the United States Old Mint at 88 Fifth Street, at the monthly base rent of $22,000; requiring tenant to be responsible for all utilities and services, participation rent of 50% of venue rental fees and $2,500 per ticketed event subject to a rent credit not to exceed $500,000 for a two-year term to commence upon approval by the Board of Supervisors and Mayor through February 28, 2022, with three one-year options to extend; authorizing the Director of Property to execute documents, make certain modifications and take certain actions in furtherance of the Lease and this Resolution, as defined herein; adopting findings under the California Environmental Quality Act, Public Resources Code, Section 21000 et seq.; and making findings that the proposed transaction is in conformity with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
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Attachments:
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1. Leg Ver1, 2. DRAFT Lease 092617, 3. ENA 033117, 4. PLN GPR 110317, 5. Form 126, 6. Comm Pkt 011620, 7. DRAFT LEASE 030120, 8. Comm Pkt 022020, 9. Leg Ver2, 10. Board Pkt 030320, 11. Leg Final
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